The latest data shows significant volatility in the global freight market, with shipments falling sharply in several regions.
According to the latest statistics, the automobile industry has been greatly affected. A number of European automakers have taken measures such as suspending shipments and adjusting production plans to cope with market changes. Since April 3, the tariff policy on imported vehicles has been adjusted and is expected to be extended to the auto parts sector in early May.
State of the Industry:
- Global automakers have adjusted their business strategies
- Temporary shutdown of several assembly plants
- Challenges for supply chain practitioners
Freight data:
- China's foreign cargo suspension ratio reaches 35-40%
- Southeast Asia shipment delays exceed 30%
- Container traffic drops 67% in one week
In the face of the current market situation, shipping companies have adjusted their capacity allocation. According to industry data, more than 80 flights are expected to be canceled in the next two months, with the Far East to North America route being particularly affected.
In this situation, it is especially important to choose a professional and reliable logistics partner. Ltd. provides customers with stable and reliable international logistics services by virtue of its rich industry experience.
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