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Analysis: Today’s Global Economy vs. Global Container Shipping

MTS Logistics

For example: The global GDP growth rate for 2021 was 6.02%, a 9.1% The global GDP growth rate for 2022 was 3.08%, a 2.94% decline from 2021. The global GDP growth rate for 2023 is expected to be at 2.9%, a 0.18% expected decline from 2022. increase from 2020. Source: Company Reports, Linerlytica 2.

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December 19, 2023 Update

Freightos

More Resources Home December 19, 2023 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. America weekly prices increased 3% to $2.22/kg.

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Turkish Carpet Exports: A Quick Analysis

MTS Logistics

If we look at the situation in recent years, in 2021, the Turkish carpet export landscape was shaped by the large impact of the Covid pandemic and its effects on the global trade, resulting in a noteworthy export value of $3.25 billion in 2022, this trend continued in the first nine months of 2023. While this figure decreased to $2.8

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Logistics Predictions: How Did We Do in 2022 and What Will 2023 Look Like?

Logistics Viewpoints

Near the end of 2021, I had the chance to make the early call on Logistics Viewpoints on what 2022 would look like across five major logistics themes. Unlike the folks projecting election results these days, I was a little more accurate and the 2022 projections have set the stage for what will happen in 2023. That’s pretty abysmal.

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2023 and Beyond: What to Expect for Shipping, Rates, and Deliverability

MTS Logistics

Hence, it is prudent to contemplate the nature of the market in 2023 and beyond already now, especially since some shippers are already negotiating freight contracts stretching for both two and three years. Global demand in 2021 was only 5-6% higher than in 2019. And this leads us, finally, to the freight rates.

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Analysis: Why Shipping Rates Have Spiked and When Might Rates Come Down

MTS Logistics

Later, 2021 arrived with port congestion issues, especially in West Coast terminals. In the following months of 2021, the container situation appeared even weirder because of rates. The supply chain crisis did not leave us in 2021. What should we expect in 2023 onward? Shipping rates from Asia to the U.S. Shipping rates.

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Top Events That Shaped 2021 Supply Chains

Turvo

Going into 2021, supply networks were already dealing with rising demand, increasing port congestion, and production delays. Here’s a look back at the top 5 logistics stories from this year (2021): Suez Canal blockage that affected global supply chains. Coronavirus outbreak in India. of year-to-date trade.

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