DHL’s Tim Scharwath’s bittersweet ‘what could have been’ scenario

It may be written by Tim Scharwath, chief of DHL Global Forwarding, but this will resonate among all forwarders.
Noting that the group has suspended the publication of its Global Trade Barometer, which is unable to read accurately the current pressures, Mr Scharwath said that while the initial data (pre-Covid) was showing improvement, he remained optimistic – his  confidence boosted by how people are dealing with the new normal.
He has seen …

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Latest global trade barometer readings are ‘sobering’ and ‘gloomy’

World trade is expected to contract again over the next three months, according to DHL’s Global Trade Barometer (GTB).  
It suggests that the overall trade outlook will reduce by two points, to an index value of 45, in a new low not seen since December 2015.
And it also shows a steady contraction, with no acceleration – but DHL has opted for an optimistic narrative. 
“According to the DHL Global Trade Barometer …

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Global trade slows again – is air trade to blame?

Global trade has decelerated again, but only “perceptively”, according to the latest DHL Global Trade Barometer (GTB).
It dropped one point from June and is now at 47 in its index, below the level of no-growth, 50. 
The weak outlook is “solely triggered by decreasing air trade” said DHL, with China facing the largest loss, down eight points, sending the overall air trade index down four points. 
“Air trade growth in South …

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