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Global Freight Volumes Indicate Increasing Dependency On Asia-Led Growth

The latest update of global freight data collected by the International Transport Forum at the OECD through April 2013 indicates that the overall picture for global freight continues to be uncertain:

  • US and EU27 dependency on Asia-led growth increases 
  • Sea freight data indicate weak import demand both in US and EU27
  • Data on inland road and rail freight indicate weak domestic activity 
  • China’s imports by sea from North Atlantic economies decline