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Think Tank
Global Trade & Economics: Page 155
APAC Air Freight Market Subdued, Shipping Continues to Struggle, Report Says
Dimerco said that ocean shippers in the APAC region should anticipate rates to increase for vessels going to the U.S. and Europe.
OPEC Report Shows Uneven Delivery of New Oil Production Cuts
The Organization of Petroleum Exporting Countries and its allies pledged significant output curbs this quarter in a bid to avert a surplus and shore up global prices.
The Red Sea Crisis Could Disrupt the U.K.’s Tea Supply
The British Retail Consortium said that it had noticed a “temporary disruption” to some black tea lines, while an industry source suggested that some flavored lines had been delayed.
Glencore Seeks Buyer for Troubled New Caledonia Nickel Mine
The world’s top commodity trader will seek to sell its 49% stake in Koniambo Nickel SAS, according to a statement from KNS.
New Technology Is Driving a North American Auto Manufacturing Renaissance
Between now and 2030, North American automakers have the potential to leverage new processes and practices to reduce their production costs while reimagining a traditional domestic industry
Québec Surgical Equipment Shortage Could Delay Some Heart Surgeries
Dr. Louis Perrault, the president of the Québec Association of Cardiovascular and Thoracic Surgeons, said that the province has established a contingency plan if the situation worsens.
India’s State Oil Refiners in Talks with Rosneft Over Term Deals
In total, Indian refiners want to lock in about 500,000 barrels per day of Russian crude supplies, said sources who could not be identified as negotiations are private.
Why Investors Are Bullish on Supply Chain and Logistics Software Providers in 2024
For all its unpredictable ups and downs, the supply chain technology sector remains an attractive target for investors.
Shipping Bosses Warn Maritime Security in the Red Sea Getting Worse Not Better
Military ships in the region have been attempting to thwart missile strikes on merchant vessels over the past few weeks, but the Houthis have continued their attacks.
German Utility VNG Inks Country’s First Deal with Algeria for Pipeline Gas
The agreement, which took effect in January, allows gas to be shipped via pipeline to Italy and then on to Germany, a spokesperson for Sonatrach said.
Farm Exports from the U.S. Hit a Three-Year Low in 2023
The $191 billion generated represents a three-year low in terms of farming and agricultural exports coming out of the U.S.
The U.S. Bought More Goods from Mexico than China in 2023
Mexico surpassed China as the U.S.’s top source of imports in 2023, for the first time in 20 years.
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