[LOGISTICS] The global situation and its impact on Latin America

Date : 2022-06-16

[The global situation and its impact on Latin America] - 13/06/2022 The conflict in Eastern Europe and covid flareups in China are adding more stress to the already strained global supply chain. In this month’s topic, we would like to shed fur...

[AIR] Strikes and labor shortages leave European airports in chaos

Date : 2022-06-16

[Strikes and labor shortages leave European airports in chaos] - Jun 09, 2022 The long-awaited post-lockdown travel boom is rapidly turning into a bust for holidaymakers as Europe’s aviation industry struggles to overcome crippling staff shortage...

[OCEAN] Spot Rates Set to Spike as Strikes and Congestion Hit North Europe

Date : 2022-06-16

[Spot Rates Set to Spike as Strikes and Congestion Hit North Europe] - June 10, 2022 Despite a softening in demand, container spot rates from Asia to North Europe could be set to spike in the coming weeks, as North European hub ports suffer chron...

[OCEAN] Global average monthly container prices increase for the first time in 2022

Date : 2022-06-16

[Global average monthly container prices increase for the first time in 2022] - 10/06/2022 For the first time this year in May, the average container prices globally have soared month on month at an average of 5.4% (from $2207 to $2330) for the 2...

[GLOBAL & ECONOMY] UK Faces Up to a Recession in All But Name as Living Costs Surge

Date : 2022-06-16

[UK Faces Up to a Recession in All But Name as Living Costs Surge] - June 12, 2022 The history books may not judge it as such, but the UK is sliding into a recession in all but name in 2022. While statistical quirks, including the presence of...

[GLOBAL & ECONOMY] Why China is likely to focus more on Central Asia as US rivalry intensifies

Date : 2022-06-16

[Why China is likely to focus more on Central Asia as US rivalry intensifies] - June 12, 2022 China will step up engagement with Central Asia as part of efforts to stabilise its western border and focus on its strategic rivalry with the US in the...

[GLOBAL & ECONOMY] Asian markets tumble after Friday’s inflation-driven retreat on Wall Street

Date : 2022-06-16

[Asian markets tumble after Friday’s inflation-driven retreat on Wall Street] - June 12, 2022 Shares sank in Asia on Monday after a report that U.S. inflation worsened last month sent stocks reeling on Wall Street. Major regional markets dropp...

[GLOBAL & ECONOMY] Russia says it has slowed inflation and kept unemployment steady despite the West's sanctions. 2 experts break down Putin's spin on the numbers.

Date : 2022-06-16

[Russia says it has slowed inflation and kept unemployment steady despite the West's sanctions. 2 experts break down Putin's spin on the numbers.] - June 11, 2022 At a regular meeting with his government on Tuesday, Russian President Vladimir Put...

[GLOBAL & ECONOMY] Americans are anxious': Unrelenting inflation puts pressure on Biden ahead of midterms

Date : 2022-06-16

[Americans are anxious': Unrelenting inflation puts pressure on Biden ahead of midterms] - June 12, 2022 President Joe Biden’s efforts to get soaring consumer prices under control suffered a serious blow on Friday when the government reported tha...

[LOGISTICS] Global port congestion shows signs of improvement, still far from normal

Date : 2022-06-16

[Global port congestion shows signs of improvement, still far from normal] - June 2, 2022 Although there are improvements in container vessel delays and terminal congestion indicators, the port congestion situation worldwide remains far from norm...

[OCEAN] Shippers Fear Carbon Tax Will Hike Freight Costs Still Higher

Date : 2022-06-16

[Shippers Fear Carbon Tax Will Hike Freight Costs Still Higher] - 07/06/2022 Such is the serious fear of the global business organisation representing cargo owners which export and import across international supply chains, the Global Shippers Fo...

[AIR] More ‘clouds on the horizon’ as air cargo market gets a glimpse of its post-Covid future in May

Date : 2022-06-16

[More ‘clouds on the horizon’ as air cargo market gets a glimpse of its post-Covid future in May] - Jun 01, 2022 General air cargo market volumes fell -8% year-over-year in May, comparable to April, as the aviation industry’s stuttering recovery ...

[OCEAN] Shipping companies added capacity, but now containers are stuck in port

Date : 2022-06-16

[Shipping companies added capacity, but now containers are stuck in port] - 01/06/2022 Ship operators are trying to add millions of new containers to address a severe capacity crunch, but the boxes are stuck on liners and at ports as shipping mov...

[OCEAN] Shipping giant CMA CGM sees uncertain outlook as earnings surge again

Date : 2022-06-16

[Shipping giant CMA CGM sees uncertain outlook as earnings surge again] - June 4, 2022 CMA CGM said on Friday that geopolitical and economic risks were clouding its outlook despite another surge in profits due to a saturated shipping market. F...

[GLOBAL & ECONOMY] GLOBAL MARKETS-Asia shares brace for U.S. inflation, euro up on ECB bets

Date : 2022-06-16

[GLOBAL MARKETS-Asia shares brace for U.S. inflation, euro up on ECB bets] - June 6, 2022 Asian shares made a muted start on Monday as caution gripped ahead of a critical reading on U.S. inflation, while the euro gained on the yen amid wagers the...

[GLOBAL & ECONOMY] India wheat export ban: Why it matters to the world

Date : 2022-06-16

[India wheat export ban: Why it matters to the world] - June 6, 2022 India has defended its decision to ban wheat exports after criticism that it could worsen the global food supply situation in the wake of the Ukraine war. "If everyone starts...

[GLOBAL & ECONOMY] Yen Slides to Two-Decade Low, Reigniting Focus on Intervention

Date : 2022-06-16

[Yen Slides to Two-Decade Low, Reigniting Focus on Intervention] - June 7, 2022 The yen extended a twenty-year low against the dollar Tuesday, weighed down by the widening gap between yields in Japan and the US, stoking speculation over potential...

[GLOBAL & ECONOMY] China's May exports, imports seen recovering as supply chains restart - Reuters poll

Date : 2022-06-16

[China's May exports, imports seen recovering as supply chains restart - Reuters poll] - June 7, 2022 China's exports are expected to have expanded at a faster pace in May as factories reopened and supply chain disruptions calmed after Shanghai b...

[GLOBAL & ECONOMY] Goldman Sachs says the US economy will slow to a crawl as the Fed hikes rates, but will dodge a recession

Date : 2022-06-16

[Goldman Sachs says the US economy will slow to a crawl as the Fed hikes rates, but will dodge a recession] - June 6, 2022 Goldman Sachs has said the Federal Reserve will have to sharply slow the US economy to bring down inflation, but said the c...