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Global Trade & Economics: Page 238

Record Lead Times Show More U.S. Inflation in Supply Chain Mess
The supply squeeze on the U.S. economy tightened further in February, indicating no relief for domestic producers and pointing to persistent inflationary pressures.
Wait Times
Logistics Giants Halt Service in Russia, Ukraine
The U.S. and Europe’s biggest logistics firms have halted shipments to Russia, further isolating the country’s businesses and consumers after its military invaded Ukraine.
A DHL cargo plane at the airport. Photo: Getty.
Big Oil Walks Away After Decades in Russia
First BP, then Shell. In just two days, Britain’s twin energy giants have dumped Russian investments nurtured over decades and shut themselves out of the world’s largest energy exporter, probably forever.
Oil drums containing lubricant oil sit on a conveyor belt as they are prepared for shipping at the Royal Dutch Shell Plc lubricants blending plant in Torzhok, Russia. Photo: Bloomberg.
Energy Firms Snap Up Russian Gas as Europe Seeks Alternatives
European leaders talking up plans to wean the continent off Russian natural gas are facing a harsh reality: energy companies are buying more as the war rages in Ukraine.
Pipework inside a gas storage facility in Kasimov, Russia. Photo: Bloomberg.
Omicron Ripping Through Cargo Ships May Exacerbate Shipping Woes
Omicron is ripping through cargo ships, raising concerns that a surge in cases, coupled with China’s tightened quarantine requirements for vessels, could delay supply chain stabilization for the shipping industry.
Crew transfer at Tanjong Pagar Terminal in Singapore. Photo: Bloomberg.
Podcast | The Real-World Impact of the Infrastructure Bill
The $1.2 billion Infrastructure Investment and Jobs Act passed by Congress and signed into law by President Biden late last year has been heralded by some as the solution to the problem of how to repair and expand the nation’s crumbling and antiquated system of roads, rails, ports, airports and waterways. One can only hope.
Vehicles pass over a bridge at dusk. Photo: Henrik Jonsson/ Canva.
Wild Commodity Swings Signal Risk of Shortages in Ukraine Attack
Wild price swings underscore just how sensitive commodity markets are to any possible disruptions to supplies.
Wheat kernels in a field. Photo: Pexels.
Shipping Rates Resume Rise as Snarls Extend Into Seasonal Lull
Container shipping rates are creeping higher after staying mostly stable this year, a signal that supply strains remain a drag on a global economy now bracing for an energy shock and geopolitical turmoil tied to Russia’s invasion of Ukraine.
A container ship is berthed at the Port of Oakland in Oakland, California. Photo: Port of Oakland.
What’s at Stake for Global Economy as Russia Standoff Escalates
A world economy that’s still recovering from COVID-19 faces new risks as the standoff between the West and Russia escalates.
Oil drums containing lubricant oil sit on a conveyor belt as they are prepared for shipping at the Royal Dutch Shell Plc lubricants blending plant in Torzhok, Russia. Photo: Bloomberg.
White House Will Invest $450 Million to Ease Port Congestion
The U.S. Transportation Department is awarding some $450 million in grants for port-related projects to bolster capacity and improve the movement of goods, senior Biden administration officials say.
Container ships berthed at the Port of Los Angeles in Los Angeles, California. Photo: Bloomberg.
Watch: A Rough Year Ahead for Transportation and Logistics
Juan Cazorla, head of the Transportation and Logistics Specialized Industry Group of Regions Bank, offers both a short-term and long-term outlook for the transportation and logistics industry.
A Rough Year Ahead for Transportation and Logistics
Guacamole’s Days Are Numbered as USDA Maintains Ban
Avocados will soon run out at smaller restaurants that don’t have the buying power of Chipotle Mexican Grill Inc.
Chips and guacamole. Photo: Getty.
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