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Think Tank
Global Trade & Economics: Page 182
Yellow Corp. Manages to Temporarily Fend Off Teamsters Strike
The new agreement averted a strike that would have begun if Yellow had remained delinquent on payments to a fund that provides benefits for most of the company's workers.
U.S. to Partner with Panama to Explore Semiconductor Supply Chain Opportunities
The partnership will begin with a review of Panama’s current semiconductor manufacturing capabilities, regulatory framework, and workforce and infrastructure needs.
TSMC Postpones Starting Production at Its Arizona Factory
The organization said that it will not be able to begin manufacturing chips in 2024, as originally planned, due to a skilled worker shortage.
India Bans Some Non-Basmati Rice Exports to Control Prices
The latest ruling by the South Asian nation, which has already imposed restrictions on wheat and sugar exports, would affect about 25% of total rice shipments from India.
Podcast | U.S. vs. China: Should We Disrupt the Relationship?
Is it time to unravel the trade ties that bind the U.S. and China? Or are the economies of the two countries too “deeply intertwined” to sever?
Contract Negotiations Set to Resume Between UPS and Teamsters Next Week
UPS said that it is pleased to be continuing contract negotiations and that it's prepared to meet some of the union’s demands for better pay and more benefits.
Wheat Prices Continue to Rise Following Russia's Threats on Ukraine-Bound Ships
Wheat prices grew by 8.2% on the European stock exchange from July 18 to July 19 while U.S. wheat futures rose by 8.5%.
Egypt Plans to Resume LNG Exports this Fall, Minister Says
The country didn’t export a single LNG cargo during June and has dispatched only one shipment so far in July.
Teamsters Union Threatening Strike Against Yellow Corp.
The union said that a board overseeing the Teamsters' pension and welfare funds will suspend benefits starting July 23 unless Yellow Corp. makes the payments it missed July 15.
Five European Countries Agree to Extend Ukrainian Grain Ban
Slovakia, Hungary, Romania, Bulgaria and Poland will still let Ukrainian food exports move through their land to other parts of the world.
Global Logistics Market to Exceed $16T by 2032, Study Finds
The global logistics industry generated $9.83 trillion in 2022, meaning the sector will experience a compound annual growth rate (CAGR) of 5.6% from 2023 to 2032.
Inflation is Inflicting Pain on Supply Chains. Here’s How to Ease It.
As inflation lingers, the tough times for the freight industry are likely to continue. But shippers and carriers have the power to combat rising costs.
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