BookYourCargo Drayage Spot Market Index Indicates a 32% Rate Increase Since September 2020
The myriad of disruptions from the last 18 months have contributed to the acceleration of rate prices
Africa’s free-trade area to get $7 billion in support from AfDB
The African Development Bank said it will support trade valued at $7 billion over the next five years in a bid to spur the growth…
Book industry thrown Into chaos over supply-chain delays
Starting in late August, three container ships left China carrying 65,000 copies of a monograph celebrating the career of filmmaker Spike Lee. They were headed…
EU drafts Northern Ireland plan to avert collision with Johnson
The European Union is drafting proposals to address British concerns about trade flows between Northern Ireland and the rest of the U.K. to be presented…
Getting to net zero together
We are in the midst of some (hopefully) short-term turmoil in global energy markets. Companies are rightly concerned about ongoing operations in such moments, but…
U.K. drops probe into British Airways, Ryanair Covid refunds
The U.K. ended a probe into British Airways and Ryanair Holdings Plc over their refusal to reimburse customers who were barred from flying because of…
China-US freight rates plunge, but China manufacturing woes create new headaches for shippers
• Spot freight rates are plummeting. • Chinese factory output is throttled by power shortages, exacerbating trade imbalances, and distorting demand for shipping containers. •…
[FBX Weekly] Transpac rates at a two-month low, as congestion grows on East Coast
Key insights: 1 With production in China slowed during Golden Week and by power restrictions, and with delays making it increasingly unlikely that shipments not…
Canadian oil exports to the US jump with new pipeline startup
Canadian oil shipments to the U.S. jumped to the highest volume since the start of the year thanks in part to the startup of a…
Vietnam plans to cut U.S. pork tariffs as trade tensions ease
Vietnam plans to lower tariffs on U.S. frozen pork, corn and wheat, a further sign of easing trade tensions with its biggest export market.
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