global trade

Tuesday, June 6, 2023

Low Container Shipping Freight Rates Unsustainable, Says Hapag Lloyd CEO

FRANKFURT, June 6 (Reuters) – Global container shipping freight rates have reached unsustainable levels and must rebound, the chief executive of

June 6, 2023
Total Views: 1721

Monday, March 27, 2023
ningbo port congestion

World Bank Warns of ‘Lost Decade’ in Global Growth 

By Andrea Shalal WASHINGTON, March 27 (Reuters) – Average potential global economic growth will slump to a three-decade low of 2.2% per year

March 27, 2023
Total Views: 1443

Thursday, March 23, 2023
Aerial top view container ship

Global Goods Trade Softening from 2022’s Record Level

By Bryce Baschuk (Bloomberg) — International commerce soared to a record of $32 trillion in 2022, but goods trade growth is expected to increase by only

March 23, 2023
Total Views: 672

Monday, March 13, 2023
Container ships wait off the coast of the congested Ports of Los Angeles and Long Beach in Long Beach, California

Fewer Containerships in U.S. Waters Reveals Trade Slowdown

By Kevin Varley (Bloomberg) — The number of container ships in US coastal waters has fallen to less than half of the count a year earlier, in the latest

March 13, 2023
Total Views: 4731

Wednesday, March 8, 2023

U.S. Trade Deficit Grows to Start the Year

By Reade Pickert (Bloomberg) — The US trade deficit grew to the widest in three months at the start of the year, reflecting a pickup in imports of

March 8, 2023
Total Views: 873

Wednesday, March 1, 2023
Aerial top view container ship

WTO Sees Slowdown of Global Goods Trade Growth Being Short-Lived

GENEVA, March 1 (Reuters) – Global merchandise trade growth slowed at the end of 2022 and was likely to remain weak in the first quarter of

March 1, 2023
Total Views: 998

Monday, February 27, 2023
ningbo port congestion

Opinion: World Trade Boom Keeps De-Globalization at Bay

By Jamie McGeever ORLANDO, Fla., Feb 27 (Reuters) – Globalization may have peaked, but the resilience of world trade in the face of mounting

February 27, 2023
Total Views: 1742

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: 1123

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: 837

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: 692

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: 28114

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: 833

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: 1903

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: 1762

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: 1001

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: 1262

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: 2249

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: 1984

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: 3173

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: 1994