World Trade forecast cut as Maersk flags fears for economy
Shipping giant A.P. Moller-Maersk A/S, a bellwether for the world economy, lowered its estimate for global container trade, indicating that weak demand continues to hamper…
Xi’s Spent Two Days Outside China in 2023 as Problems Mount
Two days is all President Xi Jinping has spent outside his country this year, as mounting domestic problems from a faltering economy to rare political…
Food Prices Pick Up as Trade Tensions, Extreme Weather Flare
Global food prices rose for the first time in three months, as trade disruptions from India to the Black Sea and extreme weather stoke supply…
India curbs PC imports as Modi pushes for local production
India is requiring licenses for the import of computers from laptops to tablets, the latest in a series of government measures intended to encourage local…
Australia says China barley tariff decision expected in days
Australia expects to hear news within days on China’s four-month review of its punitive tariffs on Australian barley exports, Trade Minister Don Farrell said, in…
China spooks commodity traders with probes into shady deals
Chinese authorities are intensifying a crackdown on some commodities transactions they view as offering little economic benefit, leading to a pullback by industry participants that’s…
Australia’s trade surplus beats estimates as imports tumble
Australia’s monthly trade surplus widened in June as iron-ore shipments gained while overall exports slid less than imports.
CBP officers in Louisville intercept 130 designer watches worth $4.24 million
One of the most common counterfeited items seized by U.S. Customs and Border Protection (CBP) officers are watches, and one of the main shipping hubs…
Descartes Global Shipping Report: Growth in Mexico’s exports to U.S. and the rising importance of Chinese goods supporting it
Descartes Systems Group, the global leader in uniting logistics-intensive businesses in commerce, released a study that evaluates how the market share of top imports from…
Russian drones hit Danube port key to Ukraine grain exports
Russian drones struck a Ukrainian port on the Danube River, driving global wheat and corn prices higher as Moscow continues its campaign to cripple Kyiv’s…
Get the most up-to-date trending news!
SubscribeIndustry updates and weekly newsletter direct to your inbox!
Follow us on social media:
