White Papers Logistics market outlook for the 2Q of 2024

The global economic outlook is becoming increasingly uncertain, stemming from various challenges faced by countries around the world. The ocean freight market's positive signs include continued depletion of inventory and optimistic prospects for a recovery in volume after China's Lunar New Year holiday. On the other hand, geopolitical tensions such as the Red Sea incident remain an unpredictable factor. For the ocean freight market, E-commerce demand from China remains strong. With the recovery of travel demand leading to increased belly capacity on passenger aircraft, the global air freight transport supply has continued to grow.

This white paper delves into the logistics market in 1Q 2024 with various indicators and forecasts the market for 2Q based on predictions from major organizations in the ocean and air sectors.

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White Papers Logistics market outlook for the 2Q of 2024

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