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[OCEAN] August U.S. Container Import Volume Ends Record Trend, but Still High
Date : 2022-09-22
The monthly record-setting streak that U.S. container import volumes have been posting since mid-2020 came to an end this August. While the August number was down slightly compared with the same month in 2021, it remained above 2.5M TEUs, which is st...
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[OCEAN] HEAD-HAUL AND REGIONAL CONTAINER TRADE VOLUMES FALL 1.5% M/M IN JULY - 15 September 2022
Date : 2022-09-22
In July, the combined head-haul and regional trade volumes fell 1.5% m/m but were up 1.5% y/y. While this initially seems to be a relative improvement in volumes, compared to first half results, the figure appears in a different light when historical...
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[GLOBAL & ECONOMY] Dollar’s Rise Spells Trouble for Global Economies - 18 Sep 2022
Date : 2022-09-22
The U.S. dollar is experiencing a once-in-a-generation rally, a surge that threatens to exacerbate a slowdown in growth and amplify inflation headaches for global central banks.
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[GLOBAL & ECONOMY] Pound Marks ‘Black Wednesday’ With Drop to Lowest Since 1985 - September 17, 2022
Date : 2022-09-22
The pound’s tumble this year has taken another leg down, with the currency marking the 30th anniversary of “Black Wednesday” with a drop through $1.14 for the first time since 1985.
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Date : 2022-09-22
Goldman Sachs Group Inc., Citigroup Inc. and MUFG Bank Ltd. are among banks that are bullish on the currency, underpinned by an expectation that the Monetary Authority of Singapore will extend policy tightening at its October meeting to help rein in ...
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Date : 2022-09-22
The People’s Bank of China fixed the yuan at 6.9396 per dollar, 647 pips stronger than the average estimate in a Bloomberg survey of analysts and traders, the widest difference on record since Bloomberg started the survey in 2018. The onshore yuan dr...
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Date : 2022-09-22
U.S. inflation has slightly eased for the second month in a row, reaching 8.3% in August. This is the lowest figure in four months, preceded by a 40-year high of 9.1% earlier this year.
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[LOGISTICS] UK Supply Chain Under Strain - September 7, 2022
Date : 2022-09-16
With the conclusion of the 8 day Felixstowe port strike on the evening of Sunday 28th August, and no agreement between the Port Operator Hutchinson Ports and their Felixstowe employees being made, we saw congestion at the port drastically increase. U...
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[LOGISTICS] 5 challenges facing global supply chains - Sep 7, 2022
Date : 2022-09-16
The pandemic highlighted how interconnected the world is right now. Multiple bottlenecks have disrupted global supply chains – the networks of people, companies and modes of transport that order and manufacture goods and deliver them to warehouses, s...
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[AIR] Air cargo tonnages stabilised - Sep 12, 2022
Date : 2022-09-16
Worldwide air cargo tonnages dropped again slightly in the final few days of August and into early September after rebounding in the last full week of last month, the latest figures from WorldACD Market Data reveal.
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Date : 2022-09-16
Ongoing rail congestion at West Coast ports has created an opportunity for East Coast ports, container shipping companies and rail operators to enter into new trade relationships.
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[OCEAN] Shipping rates plunge as experts say 'unprecedented' boom has peaked - September 11, 2022
Date : 2022-09-16
Ocean shipping rates on major trade routes have fallen by more than half since the beginning of this year, a potential sign of easing inflation pressures and alleviated supply chain logjams.
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Date : 2022-09-16
The Biden administration plans next month to broaden curbs on U.S shipments to China of semiconductors used for artificial intelligence and chipmaking tools, several people familiar with the matter said.
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[GLOBAL & ECONOMY] Bailout Euphoria Signals Peak of Pessimism in Emerging Markets - 2022.09.12
Date : 2022-09-16
It may be too early to turn bullish on emerging markets -- but a raft of bailouts pledged by the IMF and China has some investors deciding it’s also too risky to stay bearish.
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Date : 2022-09-16
China’s economy is in trouble. The juggernaut that once looked bound for global domination is slowing down — and not only in the short run.
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[GLOBAL & ECONOMY] Russia’s cash reserves run dry as West shuns Putin’s energy - September 13, 2022
Date : 2022-09-16
Russia’s budget surplus has shrunk significantly in the latest sign that its public finances are feeling the strain from sanctions and the Kremlin shutting off gas supplies to Europe.
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Date : 2022-09-16
A potential railroad strike in the U.S. shouldn't be viewed as a black swan event, according to Goldman Sachs chief economist Jan Hatzius, but it could still have an impact on the economy.
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[LOGISTICS] Walnut Exporters Are Looking For Ways Around Clogged California Port - 30 AUGUST 2022
Date : 2022-09-07
fed up with delays at California’s Port of Oakland -- are in talks with top steamship and rail carriers for a new trade route to get their products overseas.
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[LOGISTICS] Dock workers say 'no' to port automation - 01.09.2022
Date : 2022-09-07
Labor negotiations for 22,000 dock workers on the West Coast are causing anxiety among US industries who fear disruptions to trade. The dock workers' union says automated ports are job killers and less productive.
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[AIR] Air cargo’s descent to normal - 05 / 09 / 2022
Date : 2022-09-07
Economic turmoil is emerging worldwide and both airfreight rates and demand are feeling the strain, writes Ian Putzger.