The Global Economic Implications of US Debt Burden
The escalating debt crisis in the United States is raising concerns about an impending recession that could have far-reaching consequences, not only for the US but for the global economy as a whole.
Decline in Cross-Ocean Shipments Over the Past Nine Months
Recent data indicate a decrease in cross-ocean shipping over the past nine months, suggesting a decline in global demand for goods originating from Asia.
Expansion into Mexico: Redwood and Blue Grace Logistics Extend Operations
Both logistics companies are expanding their operations in Mexico in response to increased demand from shippers.
China's Reopening Woes: Disappointing Ocean Container Volume Trends
Since implementing COVID restrictions and subsequently reopening its economy, China has been striving to generate positive momentum.
Drought, Shipping, and the Panama Canal's Impact on the Supply Chain
Panama has been experiencing an extended period of drought, with no signs of improvement in the coming weeks or the rest of the spring season
DHL anticipates a demand rebound in the second half of the year, leading companies to make optimistic bets
U.S. imports have seen a rebound, with items like outdoor furniture, bookcases, doors, and household goods being top imports from China.
G-7 Prioritizes Strengthening Banks and Supply Chains Amidst Accusations of Hypocrisy
The Group of Seven (G-7) advanced economies held closed-door financial talks in Japan, focusing on issues such as bank runs, cybersecurity, and building more reliable supply chains for economic security.
Freight Forwarding Industry Faces Hurdles in the Second Half of 2023
Supply chain professionals are expressing concerns about three main challenges in the second half of 2023: the possibility of a U.S. recession, geopolitical risks, and rising operating costs.
Mapping China's Freight Railway System
Recently, maps have emerged that depict the vast extent of China's railway network stretching across Asia.
JAXPORT Achieves Record-Breaking Port Traffic
The Jacksonville port authorities have set a new record for the largest containership ever to call the port.
Reshoring of Production from Asia to North America Accelerates, Report Finds
According to Kearney’s 2022 Reshoring Index, 96% of US CEOs are reshoring, already reshored, or considering it.
Hub Group partners with CN to speed up intermodal and shipping
Hub Group sees potential for growth with its rail partner Union Pacific and the carrier’s new alliance with CN and Ferromex, creating a new cross-border service from Canada to Mexico via Chicago.
Challenges Remain for India's Aspiration to Become the Next China
The COVID-19 pandemic led many companies to reevaluate their supply chains, which relied heavily on China, and look for alternatives such as India, which offers low-cost production.
California Loses Dominance in Ports as Cargo Shifts to the East
California's $2.8tn freight industry is facing a threat as Southern California's ports are losing their dominance due to the pandemic's cargo crush pushing the ports close to breaking point.
Record Low Supply Chain Index Reached in April
The Supply Chain Index is a metric developed by Supply Chain Insights, a research and advisory firm, to evaluate the performance of supply chains across various industries.
Supply Chain Challenges to Benefit India, Experts Say
According to a survey conducted by the World Economic Forum, over 70% of economists believe that India will benefit from the global economic turbulence.
Data Indicates Oil is En Route to China
Shipping data reveals that around 125 supertankers, each capable of carrying 250 million barrels, were en route to China by the end of last month, surpassing the country's oil import levels from the last two years.
Cross-Border E-commerce Thrives Despite Concerns Over Trade Growth
The 2023-2024 report on cross-border commerce reveals that cross-border e-commerce is becoming increasingly diverse and globalized.
Lawmakers Express Concerns Over SHEIN's Supply Chain
A group of lawmakers has urged the Securities and Exchange Commission (SEC) to delay the initial public offering of Chinese fast-fashion retailer, SHEIN, until it can be verified that the company does not use forced labor from the Muslim population in China.
Sea Freight Rates from Asia to the US Rise as Companies Look to Regain Profits
Shipping companies are increasing their rates to ship containers from Asia to the US as they attempt to offset a fall in rates ahead of the importing season.