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Trade war costs Bremen freight forwarders work

BREMEN. There is growing concern about massive drops in overseas business at the Bremen site, which has always focused heavily on the US. Based on a survey of member companies of the Bremen Freight Forwarders Association (VBSp), the site warned in April of losses in sea freight of around 15 per cent due to US punitive tariffs and retaliatory tariffs. “It appears that there will be significant drops in sales for the freight forwarders based in Bremen,” says VBSp Managing Director Thorsten Dornia, who considers this forecast to be optimistic. “It could be even worse,” he said.

Credits: Verein Bremer Spediteure

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