The trend in ocean freight rates declined across all of the following destinations: Korea (-0.6% compared to the previous week). Europe (-1.3%), North America via the West Coast (-3.6%), and North America via the East Coast (-4.8%).
Despite emerging tariff wars, IATA maintains a strong outlook for airfreight procurement. With 87% of global trade unaffected by tariffs,...
The US is imposing 25% tariffs on imported automobiles (April 2) and auto parts (May 3), increasing costs and straining supply chains....
Transpacific freighter flights have yet to recover post-Chinese New Year, showing a 13% decline, equivalent to 12 daily flights,...
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