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Global Trade & Economics: Page 2

Sapporo to Move Production from Canada to U.S.

The Japanese beer-maker plans to shift production of its non-alcoholic beer, currently made in Canada for U.S. customers, to the U.S. by the first half of 2027.

Photo: iStock.com/master1305

OPEC Output Slumps as Conflict Curbs Saudi Flows

Supplies from the Organization of the Petroleum Exporting Countries declined by 900,000 barrels a day last month to average 19.91 million a day.

Photo: iStock / peshkov

Super El Niño Could Cost Global Economy $7.2T

The World Meteorological Organization warns that there's a near 100% likelihood of this Super El Niño season's peak extending through February 2027.

Photo: iStock.com/Daria Nipot

Panama Canal Postpones Third Round of Vessel Draft Restrictions

The Panama Canal Authority already cut draft restrictions for Neopanamax vessels twice this summer.

Photo: iStock.com/Federico Barbieri

Canada Retaliatory Tariffs Against U.S. Take Effect

Canada's levies range between 15% and 50%, targeting steel, dairy, appliances, agricultural equipment, pulp and paper, and electronics.

Image: iStock/wildpixel

World’s Container Fleet Capacity Set to Reach Record High

Ships larger than 12,000 TEUs have contributed two-thirds of the 10 million TEU added since early 2021.

Loaded container ships at Felixstowe port in Felixstowe, U.K. Photographer: Chris Ratcliffe/Bloomberg

VW CEO Still Needs to Fix Thorniest Problems After Job-Cuts Deal

Oliver Blume won backing for a plan that reins in investment, pares back complexity and includes about 50,000 job cuts on top of about the same number already planned.

Oliver Blume, chief executive officer of Volkswagen AG, during a Bloomberg Television interview at the IAA Mobility 2025 expo in Munich, Germany, on Monday, Sept. 8, 2025. Photographer: Krisztian Bocsi/Bloomberg

U.S. Diesel Prices Reach All-Time High

On August 28, U.S. President Donald Trump announced a massive deal with Venezuela for oil extraction, in a promise to "substantially lower gas prices for all Americans."

Photo: iStock / shaunl

Dry Bulk Shipping Rates Surge on Tight Capesize Vessel Supply

Shares in dry-bulk carriers have also surged this year, outpacing even the stock of tanker owners as Middle East traffic disruptions upend the wider maritime sector.

Photo: iStock / Baloncici

U.S. Trade Deficit Grows to $88.6B in July

The July trade deficit reached its highest level since the White House announced its "Liberation Day" tariffs in April 2025.

Image: iStock/wildpixel

German Formally Accuses Russia of Leipzig Airport Drone Attack

The Russian embassy said Germany’s measures constituted an "unprecedented escalation in Russian-German relations."

Leipzig-Halle Airport. Photo: iStock/Boarding1Now

LMI Index: Logistics Costs Are on the Rise

Growth is slowing, however, in inventory levels, warehousing utilization, and warehousing prices, and transportation capacity is contracting.

Lmi Chart

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