German exports expected to fall 2.5% this year, says BGA trade lobby
German exports are expected to slump 2.5% this year as the sector faces "massive pressure" from weakening global demand, higher domestic costs and rising
Mexico to raise tariffs on cars from China to 50% in major overhaul
Mexico said on Wednesday it will raise tariffs on automobiles from China and other Asian countries to 50%, in a broad overhaul of
Boeing Defense strike enters sixth week with sides still at loggerheads
By Dan Catchpole (Reuters) -Boeing Defense and the machinists' union remained at loggerheads after meeting on Tuesday in an effort to resume contract negotiations as…
Bacterial greening disease infects nearly half of Brazil’s citrus belt
Greening disease, caused by bacteria transmitted by the Asian citrus psyllid, has infected nearly 48% of Brazil's citrus belt, according to new data from industry-funded…
Italy’s Meloni speaks to India’s Modi, skirts U.S. tariffs request
Italian Prime Minister Giorgia Meloni hailed her country's "excellent" relationship with India in a phone call on Wednesday with her counterpart Narendra Modi, making no…
US wholesale inventories revised lower in July
U.S. wholesale inventories increased a bit less than initially thought in July, suggesting businesses were not rushing to rebuild inventory after stocks were depleted in…
FTSE 100 lifted by bank, healthcare stocks; corporate earnings in focus
Britain's blue-chip index edged up on Wednesday, supported by heavyweight bank and healthcare stocks, while investors assessed a slew of corporate earnings. The blue-chip FTSE…
Asia stocks gain, bonds fall as traders judge odds of bigger Fed cut
Global shares gained on Wednesday and the dollar steadied ahead of key U.S. inflation data which could impact the Federal Reserve's policy outlook, while...
Chinese buyers fueling 30% boom in vintage VLCC values
Chinese buyers are fueling a sharp rise in demand for vintage very large crude carriers (VLCCs), with 81% of their acquisitions in this class involving…
National Retail Federation: Imports declining following summer surge ahead of tariffs
Following a near-record peak this summer, import cargo volume at the nation’s major container ports is expected to steadily decline for the remainder of the…
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![[Freightos Weekly Update] Container rates starting to spike on peak season rush](https://www.ajot.com/images/uploads/article/_thumbs/LB_stacked_containers.JPG)
