However, the air travel industry is still in a survival mode, suffering from a cash crunch and cross-border travelling,restrictions, AmInvestment Bank said .
PETALING JAYA: The seaport segment of the transportation and logistics industry is on a firm and sustainable recovery path, in line with the reopening of global economies, coupled with a decent peak year-end holiday season, according to AmInvestment Bank.
The research house, which upgraded its call on the sector from “underweight” to “neutral”, said the logistics segment continued to benefit from a surge in e-commerce demand fuelled by the pandemic.
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