Ocean freight rates increased via the West Coast of North America (+0.6% week-on-week) and via the East Coast of North America (+1.5%). Freight rates decreased in South Korea (-4.6%) and Europe (-2%).
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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