No one could have foreseen what the world is going through as a result of the Covid-19 pandemic. Trying to compare our days with any earlier period in history seems senseless, as so many parameters have changed drastically, whether you take the Spanish flu, the great depression, the globalization of the past decades or the financial crisis of 2008/9 as your point of reference. And yet - however terrible the daily news - you may want to know what’s happening in your field of economic activity, if only as some kind of background to the momentous things happening to us or around us.
WorldACD looks at developments from three different perspectives: a year-over-year (YoY) comparison, the month-over-month (MoM) changes between February and March, and the dramatic events within the month of March itself.
The volume of high-tech transported in the last week of March, was higher than in the first week. Fish & Seafood, Fruits & Vegetables and Flowers were hardest hit, with drops between the first and the last week of 41%, 53% and 58% respectively.