The US GDP fell by 1.4% in the first quarter of 2022, which does not leave unconcerned the economists and the analysts.
Vibrations were making their way across the Trans-Pacific corridor as talk of a freight recession and a cooling ocean freight spot rates came to the fore.
The US recorded extremely high import volumes in the first quarter of 2022, up 4.77% from the already high-record fourth quarter of 2021 due to previous orders and consumer demand.
At the same time, the situation with the...
https://container-news.com/sharp-drop-in-transit-times-and-us-spot-rates-reports-shifl/