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Think Tank
Global Trade & Economics: Page 153
Three People Killed in Latest Vessel Attack Near Yemen’s Coast
The Yemen-based Houthi described the carrier as “a U.S. ship,” which its owners and the Biden administration said isn’t true.
SEC Drops Scope 3 Emissions From Planned Disclosure Requirements
If adopted, the new draft would represent a win for many corporations and their trade groups that lobbied to water down the rules.
Houthi Minister Says Ships Entering Yemeni Waters Must Obtain Permit
The territorial waters affected extend halfway into the 12-mile-wide Bab al-Mandab Strait, through which around 15% of the world's shipping traffic passes.
Why Container Lines Don’t Fear the Massive Supply of New Ships on Order
The world’s major ocean container lines can’t get enough of big new ships — never mind the threat of severe overcapacity and a resulting downward pressure on freight rates.
U.K.'s February New Car Sales Highest in 20 Years
This brings the number of months of consecutive growth to 19, mainly driven by companies buying vehicles for use by their employees.
JetBlue and Spirit Airlines Merger Abandoned After Block by Judge
A successful deal would have created the fifth-largest carrier in the United States and helped Spirit ensure its survival.
Imports Surge Under U.S. Trade ‘Loophole’ Surge
The customs loophole has allowed e-commerce giants Temu and Shein to flood the country with cheap imports.
Fertilizer Ship Attacked by Houthis Last Month Sinks in Red Sea
U.S. Central Command said the attack had caused an 18-mile oil slick, warning that the spillage of the cargo into the sea would worsen the environmental impact.
In a Time of Risk and Uncertainty, Supply Chain Finance Takes Center Stage
As businesses struggle to conform their supply chains to the ever-changing the needs of the market, they’re constantly reminded of one core truth: In the end, it’s all about the money.
Cargo Volumes in Red Sea Area Drop 21% Due to Attacks On Ships
BIMCO said that, so far in February, the number of ships transiting through the Gulf of Aden and the Suez Canal is 50% and 37% lower than last year respectively.
AIT Worldwide Logistics acquires Global Transport Solutions Group
AIT says the acquisition of European-based marine spare parts logistics specialist with more than 600 teammates in 11 countries is its most significant to date.
U.S. Queries Solar Supply Import Chains Amid China Crackdown
An extensive questionnaire was sent to companies by U.S. Customs and Border Protection earlier in February, marking a widening effort to seek disclosure about provenance.
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