Ocean freight rates increased via the West Coast of North America (+4.8% week-on-week) and via the East Coast of North America (+1.7%). Freight rates decreased in South Korea (-4.5%) and Europe (-0.4%).
As of May 2, the U.S. has ended its de minimis exemption for Chinese and Hong Kong imports under $800, a move expected to disrupt air...
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...
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