U.S. Trade Gap Widens From Smallest Since 2009 as Imports Rise
he goods and services trade gap nearly doubled from the prior month to $56.8 billion, Commerce Department data showed.
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Global Coverage
Supply Chain News
Curated headlines from the world's leading supply chain publications.
Making Supply Chain Decisions in Constant Uncertainty
What am I going to write about today? That was one of the first decisions I had to make today. I’ll make another 35,000 or so decisions before the day…
Lire la suite →Intermodal competition weighs on Norfolk Southern quarterly earnings
A competing rail alliance drew off Norfolk Southern intermodal volumes in the fourth quarter, leaving freight volumes downward. The post Intermodal competition weighs on Norfolk Southern quarterly earnings appeared first…
Lire la suite →Trump, China and 300 billion barrels of Venezuelan oil
As the US powers ahead with its plans to recover Latin America’s ‘oil El Dorado’, we explore Venezuela’s environmental and geopolitical outlook.
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Do Americans think China will overtake the US? The results of a survey are in
Nearly three-quarters of Americans expect China to overtake the US in power and global influence at some point – if it has not done so already, according to a survey…
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Morgan Stanley expects China’s humanoid robot sales to double in revised forecast
Morgan Stanley expects China’s humanoid robot sales to grow 133 per cent to 28,000 units this year, while noting that falling production costs will gradually make owning robots more accessible.…
Lire la suite →Bomb Cyclone Bearing Down on Mid-Atlantic and New England: What Drivers and Fleets Need to Know
The National Weather Service is forecasting a "significant East Coast winter storm threat" for this weekend, with a coastal low forming Friday and rapidly intensifying into a bomb cyclone as…
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Hong Kong travellers continue to favour Japan despite geopolitical tensions
Hong Kong travellers continue to favour Japan as a holiday destination despite ongoing geopolitical tensions between Beijing and Tokyo, thanks to unaffected flight routes and a weaker yen, local industry…
Lire la suite →Could voting break the plastics treaty deadlock?
Disputes over voting rules have allowed a small group of countries to block ambition – stalling a global treaty to curb plastic production and pollution.
Lire la suite →Florida Takes Shot Across The Bow As State-Level War on Immigrant Truck Drivers Kicks Off
The Florida Senate Transportation Committee voted 6-3 on Tuesday to advance legislation requiring law enforcement to detain commercial truck drivers in the country illegally, impound their vehicles, fine owners $50,000,…
Lire la suite →‘More efficient’ South African ports enjoy volume boost
South African port throughput volumes are on a ‘tenuous’ trajectory of growth, being delivered largely through structural improvements, rather than as a product of Cape of Good Hope liner re-routings.…
Lire la suite →First look: Norfolk Southern Q4 earnings
Norfolk Southern revenue, earnings fell in the fourth quarter on weaker freight volumes. The post First look: Norfolk Southern Q4 earnings appeared first on FreightWaves.
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Steamship Mutual confirms capital retention strategy in ‘challenging period’
Capital can be returned to members in good time, but Steamship sees challenges ahead and it is now time for... Related StoriesHeidmar continues to eye shipowning despite collapse of first…
Lire la suite →Winter storms hobble European container shipping
Shippers should expect delays as severe winter weather across Western Europe disrupts container shipping, forcing terminals to suspend operations and vessels to take shelter. And with carriers warning of delays…
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Ocado shares dive as Canadian partner closes warehouse
Ocado Solutions has suffered another setback after it announced that Canadian partner Sobeys would be closing one of its automated fulfilment sites.
Lire la suite →MSC hit with $22.7m fine for bad billing behaviour
MSC may have been hit with a whopping $22.7m fine by the US Federal Maritime Commission (FMC), but the consensus is that for carriers “raking in billions”, the risk, and…
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Gatik Says Its Driverless Freight Trucks Have Reached Commercial Scale
Gatik says it has moved driverless freight trucking from pilots into everyday commercial operations across multiple U.S. markets.
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Trump critic Klobuchar enters Minnesota governor race amid ICE crackdown, fraud scandals
US Senator Amy Klobuchar said on Thursday she is running for governor of Minnesota, promising to take on US President Donald Trump while unifying a state that has endured a…
Lire la suite →EU Eyes Gas From Qatar, Canada to Reduce Reliance on US LNG
The European Union’s energy chief said the bloc is growing increasingly concerned about its dependence on US liquefied natural gas, particularly in the wake of President Donald Trump’s threats to…
Lire la suite →US investment fund buys stake in CMA CGM box terminals
US investment fund Stonepeak has expanded its presence in the transport & logistics sector, yesterday forming a joint-venture with CMA CGM on 10 of its container terminals. The newly formed…
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