News Media
-
Date : 2022-12-23
Nearly six years after former President Donald Trump withdrew the U.S. from the Trans-Pacific Partnership (TPP) free trade deal, former high-ranking officials are looking to win American lawmakers back to the table - this time, to get approval on a b...
-
Date : 2022-12-23
Businesses in Singapore are feeling the impact of South Korea's nationwide truckers’ strike, which has led to supply chain disruptions.
-
LOGISTICS [Strike action continues to plague ports and international supply chains] - 10/12/2022
Date : 2022-12-23
Labour disputes at key maritime gateways are continuing to spread, increasing port delays and disrupting international supply chains, fuelled by an escalating cost of living crisis.
-
AIR [Trends and challenges that could shape the airfreight market in 2023] - Dec 12, 2022
Date : 2022-12-23
It has been challenging for many industries around the globe, and the air cargo market has been no exception. With ongoing external issues, the sector has faced challenges across the board.
-
Date : 2022-12-23
Container shipping rates for North American imports have plummeted since the start of the year, with box volumes on the trans-Pacific route from China to the US West Coast having dropped 86.8% and US East Coast imports rates falling 71.6%, as of Dec....
-
OCEAN [GLOBAL CONTAINER VOLUMES FALL 9.3% Y/Y AS HISTORIC GROWTH CYCLE ENDS] - 07 December 2022
Date : 2022-12-23
Twenty out of twenty-eight region to region trade lanes ended with lower volumes than in October 2021 while eighteen trade lanes saw volumes lower than in October 2019.
-
Date : 2022-12-23
Forget the threat of a global recession in 2023, the team at Goldman Sachs is already thinking about global economic growth potential through the year 2075.
-
Date : 2022-12-23
Britain’s darkening economic outlook is set to leave Bank of England policy makers the most divided ever over how much to raise interest rates, with the prospect of the first-ever four-way split.
-
Date : 2022-12-23
Saudi Arabia’s gross domestic product expanded an annual 8.8% in the third quarter, keeping the oil-rich kingdom on track to be the fastest-growing among the Group of 20 economies this year.
-
GLOBAL & ECONOMY [China’s Markets Are Primed for Extreme Volatility in 2023] - December 12, 2022
Date : 2022-12-23
When China’s securities regulator vowed to reduce market volatility in January, few predicted that this year would be one of the most turbulent in recent memory.
-
Date : 2022-12-23
The dollar gained against most currencies on Monday in choppy trading ahead of key data expected to show U.S. inflation moderating in November on a year-on-year basis, and a Federal Reserve decision that likely slows the pace of rate increases at the...
-
Date : 2022-12-23
South Korea failed to reach agreement with a striking truckers' union in the first session of talks on Monday, the fifth day of a nationwide walkout, the union said, as supply chain glitches worsen and concrete runs out at building sites.
-
AIR [Air cargo tonnages continue decline while rates stabilise] - Dec 2, 2022
Date : 2022-12-23
Global air cargo tonnages have continued to slide downwards in November, normally a buoyant month in the air freight calendar, with a further steep decline in the last full week led by falling volumes to and from North America.
-
OCEAN [‘Gloomy prospects’, ‘losing steam’ – UNCTAD summarises shipping’s outlook] - 03/12/2022
Date : 2022-12-23
Gloomy prospects with increasing risks’ – a headline in UNCTAD’s latest Review of Maritime Transport (RMT) casts the die on shipping’s sombre outlook.
-
OCEAN [Los Angeles Port Chief Sees Labor Deal by Early Next Year -December 1, 2022
Date : 2022-12-23
The chief of the busiest US West Coast port expects a new labor contract for dockworkers in the region to be reached by early February, removing uncertainty for importers and ramping up a campaign to lure back cargo lost to East and Gulf Coast.
-
OCEAN [Container shipping rates still sinking, no sign yet of market floor] - December 02, 2022
Date : 2022-12-23
So much for the theory that container lines are a nefarious cartel that can control freight pricing — spot rates are still falling over a year after they peaked.
-
Date : 2022-12-23
OPEC+ responded to surging volatility and growing market uncertainty by keeping oil production unchanged.
-
GLOBAL & ECONOMY [ECB’s Villeroy Wants 50 Basis-Point Hike to Fight Inflation] - December 5, 2022
Date : 2022-12-23
The European Central Bank should raise interest rates by 50 basis points this month to help tame surging consumer prices, said Governing Council member Francois Villeroy de Galhau, who added that inflation will peak during the first half of 2023.
-
GLOBAL & ECONOMY [Even BOJ Dove Noguchi Sees Signs of Japan Inflation Taking Hold] -December 1, 2022
Date : 2022-12-23
Even one of the strongest easing advocates on the Bank of Japan’s board said that a shift in Japan’s long-held deflationary price norms is beginning to materialize, although he didn’t hint at any policy change soon.
-
Date : 2022-12-23
China's strict zero-COVID policy complicated the global economic recovery.