News Media
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Date : 2022-11-03
A strong dollar is likely to weigh negatively on the US economic outlook and could alter how high the Federal Reserve ultimately raises interest rates, economists surveyed by Bloomberg said.
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[LOGISTICS] Evergreen conservative about outlook - Oct 15, 2022
Date : 2022-10-28
Evergreen Marine Corp (長榮海運) gave a conservative profit growth outlook for this quarter, as demand and freight rates retreated amid a strong US dollar and surging inflation, but its full-year profit could exceed that of last year, president Eric Hsie...
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Date : 2022-10-28
Global supply chain woes have eased ahead of the holiday season, according to Flexport founder and co-CEO Ryan Petersen. Ports are less congested, and the cost of shipping goods has fallen significantly this year, Petersen said. The price of shipp...
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[AIR] Soft market conditions continue in air cargo - 20 / 10 / 2022
Date : 2022-10-28
Soft market conditions continue in air cargo as trade worries, high inflation and new Covid lockdowns impact demand. This week’s market round-ups from forwarders and analysts point to a weakening market in terms of demand, although rate declines h...
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[OCEAN] OCEAN FREIGHT RATE MOVING TOWARDS MANAGEABLE LEVELS - 17 October 2022
Date : 2022-10-28
A muted peak shipping season in 2022 has prompted a downward shift for freight rate levels as effective vessel supply increases and demand into some key import markets slows.
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[OCEAN] U.S. container imports tumble as supply stress gives way to slack - October 21, 2022
Date : 2022-10-28
After more than two years of surging demand, the volume of container imports coming through U.S. ports has tumbled sharply, raising questions about where a sector once tracked as a supply-chain stress point will hit bottom.
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[GLOBAL & ECONOMY] Here's what's really hurting the economy - October 22, 2022
Date : 2022-10-28
I went out for pizza the other night, but had to eat it in my car. That’s because the Frank Pepe’s in Manchester, Connecticut had this sign on its door. “Attention: Dining Room closed after 4 p.m. today due to staffing shortages.” So I ate...
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[GLOBAL & ECONOMY] Uneven Inflation Spike Redraws Euro Zone’s East-West Divide - October 22, 2022
Date : 2022-10-28
In the Baltic region, where inflation is the bloc’s quickest and has topped 25%, Estonia has seen the cost of goods and services leapfrog Italy and Spain since last year, making it the most expensive country in central and eastern Europe. Slovakia an...
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Date : 2022-10-28
Asian shares mostly rose Monday, but benchmarks fell in Hong Kong and Shanghai after Beijing reported that the Chinese economy gained momentum in the last quarter. Market watchers are keeping a cautious eye on inflationary pressures and any signs ...
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Date : 2022-10-28
Japan's core consumer inflation rate accelerated to a fresh eight-year high of 3.0% in September, challenging the central bank's resolve to retain its ultra-easy policy stance as the yen's slump to 32-year lows continue to push up import costs. Th...
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[GLOBAL & ECONOMY] Wall Street Is Heading to Saudi Arabia as US Oil Spat Simmers - October 24, 2022
Date : 2022-10-28
An escalating dispute over an OPEC+ decision to cut oil production risks causing lasting damage to political relations between the US and Saudi Arabia. Wall Street seems unfazed. JPMorgan Chase & Co. CEO Jamie Dimon and Goldman Sachs Group Inc.’s ...
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Date : 2022-10-20
The fall in China’s exports in September, the global economic downturn and the innumerable repercussions of the endless impacts of the war, the lockdowns in China, and the port strikes have been the highlight of the monthly container logistics report...
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[LOGISTICS] Exporters gain from lower sea freight rates - 2022-10-14
Date : 2022-10-20
Lower sea freight rates will benefit China's export-oriented companies in the fourth quarter, which can be a practical driver to stimulate demand in the global market, said analysts and exporters.
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[AIR] Air cargo rates and volumes decline further - Oct 14, 2022
Date : 2022-10-20
Global air cargo prices and volumes continued to decline, the latest figures from WorldACD Market Data reveal.
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[OCEAN] US container imports expected to fall as freight rates hit multi-year lows - 10 Oct 2022
Date : 2022-10-20
North American container imports are expected to drop to their lowest level since early 2021, maritime consultancy Hackett Associates said, as weakening demand drives freight rates lower.
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[OCEAN] Shipping market outlook - Container vs Dry bulk: Q3 2022 update
Date : 2022-10-20
Third-quarter 2022 Dry Bulk Utilization Index is now available through the Freight Rate Forecast Volatile path to lower freight rates in near term before recovering in late 2023 with regulation impact on supply and gradual demand recovery Summa...
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[GLOBAL & ECONOMY] The global economy is in chaos. Nobody’s coming to the rescue. - October 15, 2022
Date : 2022-10-20
America is driving the West’s response to the war in Ukraine. But U.S. officials are struggling to project a global response to a worldwide economic slowdown.
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Date : 2022-10-20
As bad as Europe’s energy woes are now, the continent’s energy crisis will not be over by next spring.
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[GLOBAL & ECONOMY] Surging dollar tests China's capital controls as cash flees - October 17, 2022
Date : 2022-10-20
Cash is leaving China's financial markets at the fastest clip in years as investors flee a falling currency and sputtering economy, and analysts point to hints that more money is being moved out of the country along back channels in a further sign of...
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[GLOBAL & ECONOMY] Japan keeps up warnings over rapid yen moves after G20 - October 17, 2022
Date : 2022-10-20
Japanese authorities kept up their verbal warnings to the market on Monday of a firm response to any overly rapid yen declines, after a 32-year low for the yen last week and meetings of global financial leaders that acknowledged currency volatility. ...