The freight forwarding sector likely saw profit margins stabilize in 4Q, but the road ahead includes the prospect of consolidation deals and the U.S.-China trade war’s fallout. The EU demands an end to U.S. steel tariffs before starting talks. Also: Orient Overseas ready to invest after growing quicker than the rest of Cosco Shipping; TSMC cuts its outlook and blames trade war uncertainties; India joined China and South Korea with a drop in trade activity in December; JB Hunt missed out on the pre-tariff traffic boom; Fastenal’s slow inventory turn makes for slow tariff ef...