A flotilla of almost a dozen cargo vessels sits anchored just south of Los Angeles this weekend, waiting for berth space. Around the twin ports of L.A. and Long Beach, shipping containers already are stacked five and six high the maximum the fire department will allow.
November 23, 2020Latest News Updates From Brendan Murray
Vital World Trade Route Roiled by Container Crunch
The humble shipping container has a new status in the COVID-19 pandemic: hot commodity.
November 9, 2020Vaccine Cargo Cavalry Sizes Up Readiness of Historic Airlift
The medical industrys dash to produce the worlds first coronavirus vaccines in just a few months is heightening the urgency for the workhorses of global trade to be ready for the historic charge to defeat the disease.
October 14, 2020Shipping Industry Hit With Second Cyberattack in Week
The global shipping industry sustained a second cyberattack within a week thats raising concern about disruptions to supply chains already straining to move goods heading into the usual peak season for consumer demand.
October 1, 2020Crunch Time Coming for Worlds Supply Chains
COVID-19 is about to put the global trading system through its most dramatic stress test since World War II, with supply lines for essential food and medical goods entering a critical phase as the pandemic peaks in the U.S. and Europe.
April 16, 2020WTO: Slump in Global Goods Trade to Deepen With Coronavirus
Global trade in goods will likely stay weak in coming months as disruptions from coronavirus in China staunch the movement of international commerce already slowed by tariffs and uncertainty, according to the World Trade Organization.
February 18, 2020Cass Freight Index Signals US Economic Contraction by Years End
The Cass Freight Index, a monthly measure of rail, trucking and airfreight volume, dropped 3% in August from a year earlier, the ninth consecutive month of declines.
September 16, 2019US and China Locked in New Tariff Stare-Down
Labor Day picnic products are just a sampling of the more than 3,200 categories of Chinese goods targeted for the new tariff starting Sept. 1, barring a last-minute flinch by President Donald Trump.
August 30, 2019Trump Says US-China Trade War Tariffs Arent Boosting US Prices
President Donald Trump decried Chinas massive intervention to suppress the yuan, portraying the U.S. as the beneficiary of his tariffs on Chinese imports and signaling the policy isnt pushing up domestic prices.
August 13, 2019Trade War Hinders Global Trade in April
Global trade stumbled in April as the tariff war between the United States and China showed few signs of ending, figures released June 25 showed.
June 25, 2019Trending
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