The trade world continues to wait anxiously for “tariff liberation day” next week, when Donald is going to take another punch at globalisation. Catching up with some industry friends last week, the market is messy as it is hard for shippers and importers to take decisions in an increasingly disrupted environment. US air strikes on the Houthis in Yemen also continued and the return of Suez transits remains in the stars.

Kuehne + Nagel (K+N) held its capital markets day last ...

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