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Supply Chains Face Liquidity Crunch as Tradeshift Reports 62% Drop in Global Trade Transactions

Friday, March 20, 2020   (0 Comments)
Posted by: Terri Brustad

Global business to business transactions have dropped by 62% in the past week (w/c March 8, 2020) according to the latest data from Tradeshift, the leader in supply chain payments and marketplaces.

Analysis across the Tradeshift platform, which handles trade transactions between over 1.5 million businesses in 190 countries, found cross-border transactions between businesses have fallen by 58% week on week, while domestic transactions have dropped 66% during the same period.

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