The trend in shipping rates shows an increase for Korea (+1.3% compared to the previous week)). Conversely, rates have decreased for the West Coast of North America (-0.1%) , the East Coast of North America (-6.6%) and Europe (+0.9%).
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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