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Global Trade & Economics: Page 175

Kenya and Ukraine Planning “Grain Hub” to Combat African Food Insecurity

The leaders of Ukraine and Kenya did not provide any details on how the grain hub would be set up or how grain would be transported to Africa.

Photo: iStock.com/Michele Ursi

Blank Sailings Will Rise During China's Coming Holiday

Blank sailings peaked at 21% early on during the first few weeks of 2023 before eventually falling to 7% during weeks 36 through 40.

An LNG carrier vessel. Photo: iStock / nikkytok

Amazon to Hire 250,000 Logistics Workers for Holidays, Boost Hourly Wages

U.S. e-commerce sales are expected to surge 9.3% this year to $1.14 trillion, faster than overall retail spending growth.

The Seattle-based company typically ramps up hiring in the fall to ensure it has enough workers for the crucial holiday shopping season. Photographer: Chris Ratcliffe/Bloomberg

Drought Restrictions in Panama Canal to Continue Into 2024

The daily limits have contributed to a backlog of 116 vessels waiting to cross, well above normal, but below the more than 200 ships that were stuck last month.

Photo: iStock.com/Federico Barbieri

Survey: Cyber-Security, Supply Chains Move to Top-of-Mind for CFOs

Profitability is taking a back seat to technology transformation, supply chain and operational challenges, according to a survey released September 18 by Jefferson Wells.

Photo: iStock / GaudiLab

Big Emissions Bills Are Coming for Ships Sailing in Europe

It could take a while to really cut emissions, because it would still be cheaper to pay for the emissions rather than use more expensive marine biofuels.

Photo: Krisztian Bocsi/Bloomberg

First Grain Ships Arrive Using New Route to Ukraine

Officials said it was the first time civilian ships had reached a Ukrainian port since the collapse of a UN-backed deal with Russia.

Port of Chornomorsk. Photo: iStock.com/connect11

Codelco Planning to End Some Copper Deals with Chinese Clients in 2025

Sources said Codelco is hoping to replace exclusively copper concentrate deals with other agreements that include concentrate and value-added intermediate products.

Copper pipes. Photo: iStock.com/SimoneN

YoY Port of LA Container Volumes Grew for the First Time in Over a Year

The port also saw the number of imported TEUs handled increase by 7% year-over-year to more than 433,000 TEUs, the first year-on-year increase in more than a year.

Los Angeles, California. Photo: iStock.com/wpd911

U.S. Imposing Sanctions on Five Turkish Companies Over Ties to Russia

The designations include accusations of trade and shipping companies helping to repair sanctioned vessels tied to Russia as well as the transfer of “dual-use goods.”

Photo: iStock.com/Manakin

India Planning New Policy to Attract EV Manufacturers, More Investment

American car maker Tesla has held ongoing talks with Indian PM Narendra Modi's administration to build a factory in the country.

Photo: iStock.com/Liangpv

Diesel Supply Strains Deepen While Trucking Demand Recovers in U.S.

At risk are farmers who need diesel to harvest crops and homeowners who rely on its sister fuel, heating oil, to get through the winter.

Princeton, Illinois. Photo: Bloomberg

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How a Leading U.S. Floral Distribution Company Reduced Warehouse Labor Costs by 45% with RFID

Recycled Tagging Fasteners: Small Changes Make a Big Impact

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