News Media
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[GLOBAL & ECONOMY] Crisis Level Risks Loom in Asia as Major Currencies Crack - September 26, 2022
Date : 2022-09-28
The yuan and yen are both tumbling due to the growing disparity between an uber-hawkish Federal Reserve and dovish policy makers in China and Japan. While other Asian nations are digging deep into foreign-exchange reserves to mitigate the dollar’s da...
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Date : 2022-09-28
Commodities in China dropped as a surge in the dollar heaped pressure on markets already plagued by concerns over Chinese growth.
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Date : 2022-09-28
The Federal Reserve barreled ahead with a third straight outsize interest rate hike Wednesday in an effort to squash high inflation – but economists worry the campaign is increasingly risking a recession by next year.
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[OCEAN] “Container shipping market turns a corner … in lockstep?” - September 15, 2022
Date : 2022-09-22
Global container shipping turned a corner in the second quarter of 2022 according to the findings of the latest Quarterly Review of the market produced by MDS Transmodal and Global Shippers Forum (GSF).
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[LOGISTICS] Railroad strike averted after marathon talks reach tentative deal - September 15, 2022
Date : 2022-09-22
Unions and management reached a tentative deal early Thursday, averting a freight railroad strike that had threatened to cripple US supply chains and push prices higher for many goods.
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[AIR] IATA WCS: strengthening air cargo’s post-pandemic prospects - 15 / 09 / 2022
Date : 2022-09-22
The 15th IATA World Cargo Symposium (WCS) taking place in London from 27 – 29 September 2022 will focus on building resilience to further strengthen air cargo’s post-pandemic prospects.
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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. For the rest of the world, that is a big problem.
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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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[GLOBAL & ECONOMY] 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.