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https://www.freightwaves.com/news/daily-infographic-mexicos-heavy-duty-truck-exports-slump-in-march
By Lucia Mutikani WASHINGTON, March 28 (Reuters) – The U.S. trade deficit in goods narrowed in February, but the fall reversed only a fraction of the surge to a record high in…
https://gcaptain.com/united-states-goods-trade-deficit-february/
By Flavio Macau, Edith Cowan University
Russia’s first McDonald’s store in opened in 1990, just months after the fall of the Berlin Wall. It was a potent symbol that the Cold War was ending and a great ideological wound healing.
Now every McDonald’s in Russia is closed, as nations and corporations reduce, suspend or sever ties in response to the invasion of Ukraine.
The scale of economic sanctions imposed...
By Elizabeth Elkin, Allison Smith and Sybilla Gross Mar 13, 2022,(Bloomberg) –The global food system is under threat as Russia’s invasion of Ukraine puts one of the world’s major breadbaskets in jeopardy….
https://gcaptain.com/russias-invasion-ukraine-threatens-fragile-global-food-system/
This fireside chat recap is from Day 5 of FreightWaves’ Global Supply Chain Week.
FIRESIDE CHAT TOPIC: Port of Oakland perspective on the pandemic and supply chain challenges
DETAILS:
SPEAKER: Bryan Brandes, maritime director, Port of Oakland
BIO: Brandes has spent 25 years in the maritime industry. He began his current position in June 2020. Before joining the port, he was vice president, Pacific Southwest Region Operations, for FlexiVan Leasing, an intermodal chassis leasing company. He...
https://www.freightwaves.com/news/gscw-chat-port-of-oakland-works-to-increase-export-capacity
Former President Donald Trump claimed his strong tariffs forced the Chinese government in December 2019 to make a trade deal headlined by $200 billion in annual commitments to purchase U.S. exports. The reality: China ended up buying none of the promised goods and the trade war did little to change China’s economic policymaking while hurting the U.S. economy.
That’s the verdict of Chad Bown, senior fellow at the Peterson Institute for International Economics.
His analysis of new Commerce...
https://www.freightwaves.com/news/grading-trumps-china-trade-deal-f
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Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Texas lawmakers criticize effort to restrict energy sales to Mexico; US blocks tomato imports from Mexican farm; Nuvocargo boosts team with hires from Uber, McKinsey; and Hutchison Port Holdings breaks container delivery record at Mexican port.
Texas lawmakers criticize effort to restrict energy sales to Mexico
A bipartisan group of Texas lawmakers has united in...
As skyrocketing rates squeeze importers and exporters scramble for containers, the push for government intervention is accelerating.
What if the U.S. government does move to rein in foreign carriers? What if carrier alliances are broken up, detention and demurrage charges are curtailed, export service is mandatory and — most hypothetically — spot rates are capped?
To answer these questions, American Shipper spoke with Lars Jensen of Denmark-based Vespucci Maritime. The consultant and former...
https://www.freightwaves.com/news/beware-nasty-side-effects-if-government-targets-ocean-carriers
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