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[OCEAN] The World’s Largest Container Shipping Companies - July 26, 2022
Date : 2022-08-18
Visualizing the World’s Largest Container Shipping Companies Did you know that 80% of the global goods trade is transported over sea? Given the scale of human consumption, this requires an enormous number of shipping containers, as well as ships to ...
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[OCEAN] Shipping container fees are falling around the world, but not in the U.S. - AUG 12 2022
Date : 2022-08-18
Late container charges known as detention and demurrage (D&D) in the United States are the highest in the world, according to a recent report by Container xChange, and are out of sync with D&D charges that have been falling around the globe.
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Date : 2022-08-18
The Federal Reserve’s path to bringing down runaway inflation while keeping the economy from slipping into a major downturn is still open but is getting narrower, according to Goldman Sachs.
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Date : 2022-08-18
SoftBank is set to gain more than $34 billion by cutting its stake in Alibaba (BABA), the crown jewel of its investment portfolio, after posting record losses on its tech bets this year.
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Date : 2022-08-18
Ukraine's President Volodymyr Zelensky called on the world to introduce tough sanctions as a response to Russia's "nuclear blackmail" around the Zaporizhzhia Nuclear Power Plant.
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Date : 2022-08-18
China's military said it carried out more exercises near Taiwan on Monday as a group of U.S. lawmakers visited the Chinese-claimed island and met President Tsai Ing-wen, who said her government was committed to maintaining stability.
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[GLOBAL & ECONOMY] Biden signs bill to bolster US semiconductor production - Aug. 10, 2022
Date : 2022-08-18
President Joe Biden signed a $280 billion legislative package on Tuesday that includes billions of dollars in subsidies to boost U.S. semiconductor manufacturing and keep the country competitive with China.
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[LOGISTICS] China's military drills near Taiwan disrupt key shipping lanes - August 5, 2022
Date : 2022-08-11
China's military exercises in the waters around Taiwan have prompted some ships to navigate around the Taiwan Strait and give the island a wide berth, disrupting key trading routes for cargo and commodities sailing around the world, analysts said.
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[LOGISTICS] Ukraine seeks to extend shipping safe passage deal beyond grain -August 5, 2022
Date : 2022-08-11
Three grain ships left Ukrainian ports on Friday while the first inbound cargo vessel since Russia's invasion was due in Ukraine to load, as Kyiv called for the safe passage deal to be extended to other cargoes such as metals.
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[AIR] Air cargo rates stabilise for summer period - 03 / 08 / 2022
Date : 2022-08-11
Airfreight rates on key trade lanes were stable in July for the quieter summer period but remain far above pre-pandemic levels. The latest data from the Baltic Exchange Airfreight Index (BAI) show that average rates on services from Hong Kong to N...
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Date : 2022-08-11
Retail sale is a key driver of European container imports. In early 2020 and early 2021 retail sales volumes in the EU and the UK suffered setbacks due to COVID restrictions, but recently, high inflation and historically low consumer confidence have ...
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Date : 2022-08-11
Maersk on Wednesday predicted a slowdown in global shipping container demand this year amid weakening consumer confidence and supply chain congestion. The Danish shipping and logistics company — one of the world’s largest and a broad barometer for...
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Date : 2022-08-11
One of the first signs that inflation was going to be a problem was the supply-chain crisis of 2021. Remember last year, when it felt like everyone moved and bought a new desk so they could work from home, and the logjam at all the ports meant all...
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Date : 2022-08-11
Japanese bank lending rose 1.8% in July from a year earlier, accelerating from the previous month, as some companies borrowed more to meet rising raw material costs amid a surge in global commodity inflation.
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Date : 2022-08-11
The value of German exports jumped by 4.5% in June to hit a record level, though economists cautioned that much of the increase was likely due to soaring prices.
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[GLOBAL & ECONOMY] China’s Trade Surplus Hits Record But Slowdown Risks Remain - August 8, 2022
Date : 2022-08-11
China’s surprisingly strong export growth in July lifted its trade surplus to another record and provided some much-needed economic support, but the country will still have to find ways to keep its fragile recovery on track as the global economy slow...
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Date : 2022-08-11
The ugliest year ever for US corporate-bond investors is expected to get uglier -- and they only have the Federal Reserve to blame. With the central bank raising interest rates at the fastest pace in decades, nearly three quarters of those who res...
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Date : 2022-08-03
The threat of dock strikes at Felixstowe and Liverpool next month, together with the potential resumption of industrial action at German ports, add to the supply chain woes of Asia-to-North Europe shippers.
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Date : 2022-08-03
The sight last year of dozens of gigantic container vessels anchored for weeks off the coast of Los Angeles rocked the shipping industry and magnified the worldwide disruption of supply chains. Most of the ships, mainly bound from Asia, were waiting ...
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[AIR] K+N predicts ongoing reliance on freighters in air cargo - 28 / 07 / 2022
Date : 2022-08-03
Kuehne+Nagel (K+N) is expecting freighter capacity to continue to dominate the airfreight market for the coming quarters, while it also has no concern about reports of high inventory levels in the US. Speaking after announcing the company’s second...