Four worrisome global trade trends in transportation may be indicating a global recession

1. Warehouse rates remain high, as inventory levels remain high.
2. Imports from China to the U.S. are down 40-50%.
3. Sea freight and air freight bookings are down, due to lower factory orders.
4. On the flip side, lower demands result in a drop in ocean rates and in a drop in air rates as well across all trade routes.

To read the news ➡️ https://www.cnbc.com/troubling-global-trade-trends-flashing-consumer-weakness-recession.html