The 4 Billion Pieces of Paper Keeping Global Trade Afloat
(Bloomberg) — They are relatively easy to fake. Frequently get lost. And can add huge amounts of time to any journey. Yet paper documents still rule
(Bloomberg) — They are relatively easy to fake. Frequently get lost. And can add huge amounts of time to any journey. Yet paper documents still rule
(Bloomberg) — Flexport Inc. founder Ryan Petersen said ex-Chief Executive Officer Dave Clark’s ouster means the once high-flying freight technology
(Bloomberg) — The global trade finance gap jumped to a record $2.5 trillion last year, as heightened economic risks left banks’ financing capacity
(Bloomberg) — As economists gauge the likelihood of recessions in major economies around the world, a slew of recent data show that a downturn is already
(Bloomberg) — China’s trade plunged in July as slowing global demand clouded the outlook for exports, while domestic pressures weighed on imports in a
COPENHAGEN, Aug 4 (Reuters) – Shipping group A.P. Moller-Maersk warned on Friday of a steeper decline in global demand for shipping containers by
(Bloomberg) — Spot rates for shipping containers jumped by the most in more than two years, a sign that a 16-month slump in ocean-freight costs that
(Bloomberg) — China is facing pressure on trade as foreign shipments drop off and domestic demand remains weak, with a darkening global growth outlook
(Bloomberg) — PSA International Pte has shelved plans to sell its minority stake in the ports business of Hong Kong’s CK Hutchison Holdings Ltd. amid
Trade growth was positive for both goods and services in the first quarter of 2023, according to the UNCTAD’s latest Global Trade Update report. However the
(Bloomberg) — South Korean exports offered an early sign of improvement in global trade after their first year-on-year gain since last summer.
By Vince Golle and Molly Smith (Bloomberg) — Fresh trade data out of China added to evidence that the world’s second-largest economy is struggling for
FRANKFURT, June 6 (Reuters) – Global container shipping freight rates have reached unsustainable levels and must rebound, the chief executive of
By Andrea Shalal WASHINGTON, March 27 (Reuters) – Average potential global economic growth will slump to a three-decade low of 2.2% per year
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
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
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
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
By Jamie McGeever ORLANDO, Fla., Feb 27 (Reuters) – Globalization may have peaked, but the resilience of world trade in the face of mounting
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.
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