Global shipping rates skyrocket in spite of lower trading volumes

New data has revealed the shattered state of global supply chains, with shipping fluctuating wildly due to a cratering of international trade volumes.

The American Association of Port Authorities saw its Q1 trade volume decrease by 20 percent, while intermodal transport volumes are down by approximately 50 percent in the United States …

Photo courtesy of Amarin Jitnathum/Shutterstock


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