Xeneta: Shanghai slump, a taste of what’s to come?

Capt. John

THE ongoing trade tensions between some of the world’s largest economies may have begun to impact international e-commerce volumes, as reflected in February’s global air cargo market data, reports Singapore Payload Asia. According to the latest analysis by Xeneta, spot rates from Shanghai to the U.S. fell 29 per cent month-on-month to $3.23 per kg. While seasonal factors such as the earlier Lunar New Year and a typical post-holiday e-commerce slowdown played a role, the decline coincides with...

https://www.seanews.com.tr/xeneta-shanghai-slump-a-taste-of-whats-to-come/202861/

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