In the space of just two weeks, transpacific spot rates have lost 40% of their value.
Container spot freight rates on the transpacific trades continued their headlong descent this week, after another 20% was wiped off Asia-US west coast prices and 13% off Asia-US east coast.
In the space of just two weeks, transpacific spot rates have lost 40% of their value.
Belarus is restructuring its foreign trade logistics, looking to new markets, intensifying cooperation with countries that are already importing Belarusian products. Belarus is looking for new transport routes through Central Asian countries, particularly Uzbekistan.
The coronavirus outbreak exposed the fragility of global supply chains that move goods between countries. Due to the volatility of the logistic market, carriers are facing new risks and the need to promptly respond to changes in order to manage them. The global cargo transportation market is experiencing significant difficulties caused by abrupt decrease of the transport infrastructure throughput due to the coronavirus (COVID-19) pandemic.