S&P Global’s June report showed that global economic activity rose steadily but mildly from 54.2 to 54.4 in May. This was driven by a divergence in post-pandemic demand between the service and manufacturing sectors, which was the widest since 2009. The same trend was seen in global trade, with exports of services posting their largest monthly growth momentum since 2014, while trade in goods continued to decline.
With this recent global development, let's explore some of the freight market situation by country:
