Ocean freight rates increased in South Korea (+4.5% week-on-week), via the East Coast of North America (+4.0%), and Europe (+6.6%). Freight rates decreased via the West Coast of North America (-1.5%).
Despite emerging tariff wars, IATA maintains a strong outlook for airfreight procurement. With 87% of global trade unaffected by tariffs,...
The trend in ocean freight rates declined across all of the following destinations: Korea (-0.6% compared to the previous week). Europe...
The US is imposing 25% tariffs on imported automobiles (April 2) and auto parts (May 3), increasing costs and straining supply chains....
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