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Global freight realignment: Ocean grows, air adapts
Global supply chains face tipping point as new policies reshape balance between ocean, airfreight
State of global freight Ocean freight is facing an oversupply problem. The global container fleet is expected to grow by 4.5% this year, reaching 32.7 million TEU (Twenty-foot Equivalent Unit), while demand is rising only 3%. This gap is fueling rate volatility. Airfreight, on the other hand, is seeing steady demand growth of 4% to […]
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