A worldwide escalation of the trade tensions between the U.S. and its major trading partners would have consequences for global trade equivalent to the 2008 financial crisis, the World Bank has warned.
Mexico will import more pork products from Europe after imposing a 20 percent tariff on U.S. pork legs and shoulders in retaliation to steel tariffs, Economy Minister Ildefonso Guajardo said on Tuesday.
Several of the world's largest container shipping companies have imposed emergency bunker surcharges upon their customers in the past two weeks, seeking to claw back revenues lost to rising fuel bills caused by the jump in crude prices in recent months.
Factory growth in major manufacturing hubs showed signs of cooling last month as companies braced for potential damage from rising global trade tensions while also grappling with accelerating inflation and a strong dollar.
At 9 a.m. on June 16, 2017, Whole Foods employees packed into the main level of the company’s Austin headquarters. Only an hour earlier Amazon had announced that it was acquiring the high-end natural grocer, and the corporate staffers were as shocked as the rest of the public.
For Europe, the first move was easy. Officials swiftly announced plans to strike back with retaliatory measures against President Trump’s tariffs on steel and aluminum while vowing a legal challenge.
An E.U.-funded research project is underway to develop technical solutions for safer navigation in close proximity of other stationary or moving vessels and objects.
Airbus SE has seen widespread popularity for its newest A350 long-haul aircraft. But only one carrier, Singapore Airlines Ltd., has found the need for an ultra long-range version of the A350 that can fly almost 10,000 miles, from New York City to Southeast Asia—nonstop.
The latest news, analysis, services and systems regarding global logistics and freight and their impact on global supply chains. Today’s companies are transporting and delivering perishables and manufactured goods faster and farther around the world than ever before through global logistics solutions. New technologies that provide information during global shipments are transforming the way companies do business - and allowing them to stay ahead of the competition in their industries. As transportation and distribution services continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies are using global logistics solutions to power their supply chains.
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