global trade

Wednesday, January 11, 2023
shipping containers

Flexport Slashing Workforce By 20% Amid Global Trade Slowdown

San Francisco-based supply chain management and logistics company Flexport has announced it is slashing 20% of its workforce amid the slowdown in global trade.

January 11, 2023
Total Views: 1058

Tuesday, November 29, 2022

UN Sees ‘Friend-Shoring’ Risks as Global Trading System Faces Headwinds

By Bryce Baschuk (Bloomberg) — The UN said efforts to “friend-shore” manufacturing could weigh on a global trading system that a new report warns

November 29, 2022
Total Views: 829

cargo ships loading at port of oakland

Global Shipping Growth at Risk from Economic Gloom, UN Says

By Jonathan Saul LONDON, Nov 29 (Reuters) – The pace of global shipping activity is set to lose steam next year as economic turmoil, conflict in

November 29, 2022
Total Views: 685

Friday, November 25, 2022

The End Of The World Is Just Beginning For Shipping

by Captain John Konrad (gCaptain) There is a large shipping company that’s made record profits in recent years after changing its operational model to bet

November 25, 2022
Total Views: 27217

Thursday, November 10, 2022

China’s Year-End Export Surge in Doubt as Global Demand Falters

By Ellen Zhang and Ryan Woo BEIJING, Nov 10 (Reuters) – China’s usual year-end export surge is in doubt as weak global demand dims a rare

November 10, 2022
Total Views: 830

Monday, November 7, 2022
yantian port china

Chinese Trade Unexpectedly Drops as Demand Slowdown Worsens

By Bloomberg News (Bloomberg) — China’s exports and imports both unexpectedly fell for the first time in more than two years, with rising risks of a

November 7, 2022
Total Views: 1899

Wednesday, October 19, 2022

Global Freight and Manufacturing Has Started to Fall -Kemp

By John Kemp LONDON, Oct 19 (Reuters) – Global freight volumes have begun to fall as overall consumer and business spending slows and the

October 19, 2022
Total Views: 1755

Tuesday, October 11, 2022
ningbo port congestion

IMF Lowers Outlook for Global Economy

The International Monetary Fund has lowered its outlook for the global economy amid high inflation and downside risks on multiple fronts. According to the

October 11, 2022
Total Views: 996

Wednesday, October 5, 2022
shipping container

WTO Warns ‘Darkened’ Trade Outlook Could Worsen

GENEVA, Oct 5 (Reuters) – The World Trade Organization forecast a slowdown of global trade growth next year as sharply

October 5, 2022
Total Views: 1245

Tuesday, September 27, 2022
port of shanghai yangshan at dusk

China Warns Waning Global Demand Is Top Threat to Trade

(Bloomberg) — Overseas demand for goods from China is weakening as the global economy slows, warned a senior Chinese commerce ministry official, though

September 27, 2022
Total Views: 2239

Saturday, May 14, 2022

India Bans Wheat Exports

By Rajendra Jadhav, Mayank Bhardwaj and Nigam Prusty MUMBAI, May 14 (Reuters) – India banned wheat exports on Saturday days after saying it was

May 14, 2022
Total Views: 1977

Saturday, April 30, 2022

The Way We Look At The Global Economy Needs To Change

By Brendan Murray and Michelle Jamrisko Apr 30, 2022, (Bloomberg) —Global supply chains are knotting up from China to Denmark, sparking

April 30, 2022
Total Views: 3163

Thursday, February 24, 2022

War In Ukraine Will Magnify The Global Trade Crisis

By Brendan Murray (Bloomberg) Disruptions in global trade are about to go from bad to worse. With Russia’s invasion of Ukraine early Thursday, energy costs

February 24, 2022
Total Views: 1992

Thursday, February 17, 2022

Global Trade ‘Likely To Be Subdued’ This Year After Hitting Record in 2021 -UN Trade Body

Global trade is likely to be subdued this year after hitting a record high in 2021, according to data published Thursday by the UN Conference on Trade and

February 17, 2022
Total Views: 486

Monday, January 17, 2022

Surging Global Demand Drives China’s Trade Surplus to New Record in 2021

By Bloomberg News (Bloomberg) — China’s record-breaking export strength continued into December, pushing the annual trade surplus to a new high and

January 17, 2022
Total Views: 839

Tuesday, August 31, 2021

U.S. Department of Transportation Appoints Port Envoy to Address Supply Chain Disruptions

WASHINGTON –- The White House and the U.S. Department of Transportation announced that John D. Porcari will be the Port Envoy to the Biden-Harris

August 31, 2021
Total Views: 1266

Sunday, August 29, 2021
cargo ships in rio de janeiro

Beef Accumulating In Ports Due To Lack of Refrigerated Containers

By Ken Parks (Bloomberg) –Global shipping disruptions and drought-stricken rivers in the heart of South America threaten to pinch meat exports from

August 29, 2021
Total Views: 2148

Monday, June 7, 2021
china port

China’s Trade Boom Continues in May

By Bloomberg News (Bloomberg) — China’s exports continued to surge in May, although at a slower pace than the previous month, fueled by strong global

June 7, 2021
Total Views: 925

Monday, May 24, 2021
autonomous shipping

Digital Ocean Freight is 2021’s Biggest Winner

By Nick Carey and Lisa Baertlein (Reuters) – If suppliers in China fail to pick up freight containers to fill an order for MediaShop, Marcel Schneider

May 24, 2021
Total Views: 4208

Tuesday, March 30, 2021
Maritime News

End of Suez Snarl Marks Beginning of New Stress on Global Trade

Brendan Murray (Bloomberg) – Now removed from the Suez Canal’s main channel, the Ever Given leaves in its wake several weeks or months of disruptions

March 30, 2021
Total Views: 5945