Transportation news: Supply and demand on Asia-Europe beginning to converge

The World Trade Organization (WTO) has forecast an increase of 1% in international exchanges this year, after 3.5% in 2022.

Following a spectacular drop in Asia-Europe freight in the fourth quarter of 2022, things should settle down again over this first quarter of 2023.

What could explain these market reversals?

The economic climate with a decrease in household consumptions, high stock levels in European warehouses, and the tailing off of public health lockdowns in China.