Friday, December 31, 2021

IKEA Raises Prices Amid Supply Chain Disruptions, Higher Shipping Costs

STOCKHOLM, Dec 30 (Reuters) – The world’s biggest furniture brand IKEA is raising prices by an average of 9% as it faces increasing costs in

December 31, 2021
Total Views: 1711

Wednesday, October 27, 2021
port of los angeles-long beach

US Likely to Experience Longer Supply Chain Delays Than Other Economies

By Ben Holland (Bloomberg) — The U.S. is suffering longer delivery delays than other economies because of stronger demand from American consumers, a

October 27, 2021
Total Views: 1602

Wednesday, August 11, 2021
wind turbine

Commodity Inflation Squeezes Profits for Wind Giant Vestas

By William Mathis (Bloomberg) — One of world’s biggest makers of wind turbines cut its outlook for the year, citing commodity inflation and

August 11, 2021
Total Views: 457

Greenpeace's Arctic Sunrise Navigating In Ice

Greenflation Hits Shipping

by Sujata Rao (Reuters) From container ships to cardboard, tighter environmental regulations are stoking shortages and price spikes as

August 11, 2021
Total Views: 1792

Thursday, August 5, 2021
containers at port of los angeles

U.S. Trade Deficit Widened to Record in June

By Vince Golle (Bloomberg) — The U.S. trade deficit widened to a record in June, consistent with a rush by domestic importers to meet business

August 5, 2021
Total Views: 730

Saturday, July 24, 2021

It’s About Stimulus Checks Not Ocean Carriers Like Maersk Says White House Source

by John Konrad (gCaptain) Earlier this month, the Biden Administration signed an order cracking down on anti-competitive behavior in the shipping industry.

July 24, 2021
Total Views: 6188

Monday, June 14, 2021

Out-of-Control Shipping Costs Fire Up Prices From Coffee to Toys

By Alex Longley, Catherine Bosley and Deirdre Hipwell (Bloomberg) — The skyrocketing price of shipping goods across the globe may hit your

June 14, 2021
Total Views: 13241

Wednesday, May 12, 2021
Soeren Skou, CEO Maersk

Maersk CEO Sees No Real Sign of Inflation Risk in World Economy

By Christian Wienberg (Bloomberg) — The chief executive of the world’s biggest shipping company says he’s not seeing signs of a dangerous resurgence

May 12, 2021
Total Views: 2598

Thursday, April 1, 2021
port of long beach

Fitch: Soaring Shipping Costs Add To Near-Term Global Inflationary Pressures

Supply chain bottlenecks in global shipping and semiconductor markets are adding to near-term pressures on inflation, says Fitch Ratings in a new report

April 1, 2021
Total Views: 2840