The Zacks Transportation - Shipping industry is benefiting from an improvement in demand for goods and commodities from pandemic lows. Moreover, the prevalent tensions in the Red Sea and the resultant limited container availability caused a surge in freight costs. The re-opening of the China economy came as good news for the industry participants. The strong outlook for the Capesize market also bodes well for shipping stocks. In the prevalent scenario, we advise investors to buy shipping stocks like Danaos ...