Home > Tools > News > American Shippers And Carriers React To Signs Of Economic Slowdown

American shippers and carriers react to signs of economic slowdown

Jan 05, 2019 at 11:14 AM CST

Leading the corporations is Apple (AAPL: NASDAQ), which announced its revenue for the end of 2018 would be lower than expected due to poor sales in China. This is the first time in 16 years that Apple has lowered its revenue expectations. The news prompted a selloff of Apple and other China-exposed stocks, including General Motors (GM: NYSE).