The trend in shipping rates shows an increase for Korea (+3.8% compared to the previous week), and Europe (+2.0%). Conversely, rates have decreased for the West Coast of North America (-5.5%), and the East Coast of North America (-1.9%).
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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