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Global Trade & Economics: Page 200

Freight Rebound Hopes are Fading Because of Retailer Caution

Big shippers including Nike, Target and Kohl’s remain guarded in ordering from suppliers as they continue to dig out from a glut of inventory.

Photo: iStock.com/thitivong

MHI Annual Report Highlights Talent Shortage, Pressures to Go Green

Nearly half of MHI's annual survey respondents said they face increased influences to adopt a more sustainable supply chain.

The MHI panel discussion March 22 at ProMat 2023 in Chicago. Photo: Helen Atkinson

Produce Shortages Drive Surprise Jump in UK Inflation

Tomatoes, peppers and cucumbers were among the goods affected as extreme weather in Spain and North Africa impacted harvests, and high energy prices hit growers in the U.K.

Fruits Vegetables Produce

Watch: Logistics Prepares for the Challenges of 2023

Craig Henry, U.S. industry manager of intralogistics with Siemens, discusses the continuing labor shortage, inflationary pressures and the need to invest smartly in technologies.

Craig Henry

Port of Los Angeles Container Volumes Down 43% in February as Global Trade Slows

Extended lunar new year closures, well-stocked retailers and economic concerns point to soft first quarter.

Container ships at the Port of Los Angeles in Los Angeles, California, U.S., on Tuesday, Nov. 16, 2021. The historic traffic jam at the Port of Los Angeles has eased slightly as ocean carriers face fines for letting cargo linger and “sweeper ships” arrive to haul off empty containers. Photo: Bloomberg

Hurdles to Re-Shoring as Renewal of U.S. Trade Deal Is Delayed

The impact accounts for a tiny percentage of overall U.S. imports, but it has meant surging costs and hard choices for smaller companies.

Photo: iStock.com/Dilok Klaisataporn

Traders Marshal a Fleet of Supertankers to Haul U.S. Oil to Europe

Big importers like China and India have been picking up larger volumes as western buyers abandoned the cargoes due to sanctions on Moscow for the invasion of Ukraine.

Photo: Bloomberg

Samsung to Invest in South Korea Mega Chip-Making Plan

Semiconductors, which power everything from mobile phones to military hardware, are at the center of a bitter dispute between the U.S. and China.

Image: iStock.com/Jae Young Ju

Frankfurt Cargo Volumes Down Again in February

The German air cargo hub in February registered an 11% year-on-year decline in cargo volumes to 146,620 tonnes. which were also 9.1% behind pre-COVID 2019 levels.

Photo: Fraport.com

Watch: What Lies Ahead for the Supply Chain Industry?

Paul Brashier, vice president of drayage and intermodal at ITS Logistics, discusses the impact of Lunar New Year on the supply chain, port visibility in the last two years, and what lies ahead for the supply chain industry.

Paul Brashier

Fast-Fashion Giant Shein Faces Probe Over Tarriff-Avoiding Practices

South African groups say Shein deliberately sends its goods in small packages of lesser value to reduce import duties aimed at protecting local businesses.

Photo: iStock.com/asiandelight

Slowdown in E-Commerce Causing Job Cuts at Logistics Companies

The pullback came as the broader U.S. economy added 311,000 jobs, driven by growth in service sectors, as consumer spending shifts.

Photo: iStock.com/monkeybusinessimages

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