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Home > Tensions on global sea and air transport: high fares and changing market dynamics

Tensions on global sea and air transport: high fares and changing market dynamics

4 December 2024 | Commodities, Commodities, Economy, Futured, Highlights, Market Forecast - Forex, Market Forecast - Precious Metals, Market Forecasts - Industrial Metals, News

The global freight landscape is experiencing a time of turmoil. The prospect of a strike at ports run by the International Longshoremen's Association (ILA) starting Jan. 15, 2025, coupled with expectations of tariff increases planned for next year, pushed up transpacific tariffs in early December. Transpacific transportation: the burden of strikes and tariffs Even before […]

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