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Think Tank
Global Trade & Economics: Page 177
U.S. Now Restricting Nvidia A.I. Chip Exports to the Middle East
Nvidia said that the restrictions affected its A100 and H100 chips, which are used to improve machine-learning tasks on artificial intelligence applications like ChatGPT.
Orange Juice Stockpiles Shrink to Record Low in Top Exporter Brazil
Brazil reached the end of its season in June with 84,745 metric tons of juice in storage, a 41% drop compared to 2022.
Bottoming Out: Freight Rate Rebound Poses Risk for Shippers
While they still have some operating leverage, shippers should start preparing for the market turn.
MSC Signs Second Vessel-Sharing Agreement with ZIM
The agreement will involve five vessels of 6,700 TEUs each, with MSC managing three of the ships.
Sugar Heads Toward Two-Month High on Concern Over Indian Exports
India has recently ramped up restrictions on rice exports as the nation tackles rising food costs before an election in 2024, prompting speculation about which commodity might be next.
Trade Rep: China’s Rare Earths Dominance Can Lead to U.S. Vulnerability
U.S. Trade Representative Katherine Tai said that the U.S. is not where it wants to be in terms of supply chains and its reliance on China.
China Remains Embedded in U.S. Supply Chains: Jackson Hole Paper
U.S. government policies including tariffs were aimed at decoupling the American and Chinese economies. But Chinese firms appear to be finding ways to mitigate the impact.
Ocean Carrier EBIT Fell by 90% Year-on-Year During Q2 2023
Orient Overseas Container Line (OOCL) had the largest EBIT per TEU during Q2 2023 at $305, a massive drop-off from Q2 2022, which was over $1,500 per TEU.
India's Modi Calls for Greater Supply Chain Resiliency
Modi said the COVID-19 pandemic emphasized the importance and need for resilient and inclusive supply chains during the 15th BRICS Summit in Johannesburg, South Africa.
The Gap Between Retail Winners and Losers Will Widen This Coming Peak Season
The winners this season are going to be companies that keep their loyal customers close, and maintain a real focus on customer service. They'll also be deploying AI.
Port of LA Cargo Volumes Fell in July After Near Record-Breaking June
Through the first seven months of 2023, the Port of Los Angeles has processed 4,821,670 TEUs, a 24% drop from the same period in 2022.
Huawei Accused of Building Secret Manufacturing Facilities in China
By constructing facilities under the names of other companies, Huawei can circumvent U.S. restrictions, allowing the organization to indirectly purchase American chip manufacturing equipment.
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