Here you will find the most recent logistics market update news. What does the Australian market's future hold in light of rising prices, an impending recession, and the potential for stagflation?

The CEO of Think Global Logistics, La Chang, describes the difficulties that will come up between the end of 2022 and the beginning of 2023, as well as what you can do to overcome them. In light of the macroeconomic market conditions and anticipated price trends, this update specifically addresses Australia and what it implies for you as an importer or exporter.

Along with another interest rate increase imminent, the cost of goods as well as supply chains have skyrocketed! The expansion of tourism, when combined with a robust labour market, will maintain the growth.

Air freight will remain expensive, while ocean freight rates will increase and capacity will stay constrained. Thanks to variables including rising interest rates, tensions with China, and the Ukrainian crisis, the market is as turbulent as it has ever been.