Global Trade & Economics

VIDEO

Watch: The Current Plight of Auto Manufacturers

June 29, 2021

Ambrose Conroy, founder and chief executive officer of Seraph, discloses the findings of the firm’s latest weekly Auto Shutdown Report.

Cargo Congestion Argues for Early Christmas Shopping This Year

June 29, 2021

Bloomberg

Here are six shipping signals to watch in the second half of the year.

U.K. Faces Food Shortages as Worker Scarcity Gets Worse

June 28, 2021

Bloomberg

From abattoirs to restaurant kitchens, the U.K. food sector is facing a massive challenge this summer: there just aren’t enough workers.

VIDEO

Watch: How Can Companies Cope With Rising Labor Costs?

June 28, 2021

Robert J. Bowman, SupplyChainBrain

Kent Mahoney, executive vice president North America with Proxima, discusses the hurdles that businesses are facing today in the form of severe labor shortages and rising wages.

Biden Balances Climate Need With Human Rights in Chinese Solar Ban

June 27, 2021

Bloomberg

The Biden administration’s narrowly focused ban on Chinese solar products is designed to confront supply chain slavery without stifling the fast-growing use of renewable energy in the U.S.

U.S. Ship Jam Lingers as Port Woes Stretch From China to Germany

June 24, 2021

Bloomberg

Ship congestion outside the busiest U.S. gateway for trade held steady over the past week, as ports from China to Germany battle with COVID-19 outbreaks and other constraints on their capacity to keep containers moving across the global economy.

Amazon Prime Day Deals Disappoint as Costs Surge

June 22, 2021

Bloomberg

The deals during Amazon.com’s annual Prime Day sale are stingier this year, according to merchants, thanks to rising shipping costs, higher advertising rates and scarce inventory.

China’s Worse-Than-Suez Ship Delays Set to Widen Trade Chaos

June 18, 2021

Bloomberg

The global shipping industry, already exhausted by pandemic shocks that are adding to inflation pressures and delivery delays, faces the biggest test of its stamina yet.

Trade War Costs Global Supply Chains 3-5 Years of Growth, UN Says

June 17, 2021

Bloomberg

Trade shocks fueled by unilateral tariffs between the U.S. and China have undone three to five years worth of growth among global value chains in affected countries, according to a UN policy brief.