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Efforts to slow outbreak of disease also hamper supply chains as airlines cancel flights, container ships see delays, factories stay shut for extended Chinese New Year.

Facing trade war uncertainty in 2019, traders had rushed imports and exports in recent months, NRF and Hackett report finds.

Spot container freight rates post 15.1% percent rise this week, remain far above five-year average.

Shippers could see rising costs from parcel carriers, human resources investments, experts say.

Combined imports and exports to both Canada and Mexico post biggest drop in 24 months and fourth decline in past six months, government says.

Partners will share data, plan infrastructure development in pushback against uncertainty of tariff changes and USMCA treaty.

Of the 8 million robots forecast to be shipped in 2030, nearly 6 million will be mobile, researcher says.

DHL and NYU researchers say the slump could have been worse, as most economies stayed resilient, and the world is less globalized than many people think.