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Global Trade & Economics: Page 5
Asia-Pacific Emerges As Vital Hub For Semiconductors
The Asia-Pacific region has evolved to develop a deeply connected semiconductor ecosystem spanning China, South Korea, Japan and Southeast Asia.
WTO Upgrades Global Trade Forecast for 2026
The WTO's optimistic forecast was fueled by more cross-border trade for expensive chips and other technology needed for artificial intelligence build-outs.
Oil Shipping Costs Reach Dizzying New Highs on Hormuz Snarls
It now costs $77 million to hire a very large crude carrier to move U.S. oil to Asia, according to data from the Baltic Exchange.
Port of Savannah Logs Record Cargo Volumes in September
The port brought in 1.5 million TEUs for the first quarter of its fiscal year, up 2.7% from that same period last year, and representing the second best quarter in its history.
Ships Take Long Way Around as Drought Snarls Panama Canal
While sailing through the Strait of Magellan adds distance and fuel costs, its toll-free passage offers shipowners another option when constraints elsewhere drive up delays and transit costs.
Maersk Warns of Potential Super El Niño Impacts in East Africa
Maersk highlighted how flooding and damage to road infrastructure could impact access to ports, terminals, depots and inland delivery routes across East Africa between October and December.
The Hidden Financing Risk Behind the New Tariff Environment
The brands that will manage this period well are the ones that understand, order by order, what their true landed cost and repayment timeline look like.
Canada Trade Surplus Grows by Over 430% in August
According to government data released on October 6, Canada's trade surplus grew from $787 in July to four-year high of $4.2 billion in August.
Ukraine War Escalates as Black Sea Drone Strikes Hit Cargo Ships
The attacks reflect how the Black Sea is becoming an increasingly precarious corridor for agricultural trade.
Nike to Nearshore More Production as It Seeks to Shrink Itself
The sportswear company wants to make its supply chain “more flexible, more responsive and more efficient,” COO Venky Alagirisamy said during a meeting with employees.
Shadow Fleet Traffic Surges Along Northern Sea Route
At least 50 shadow fleet oil tankers and 18 LNG carriers were seen traveling the NSR between mid July and mid September.
A Holiday Inventory Reckoning Looms for Retailers
Glowing, optimistic predictions about an explosion in holiday sales mask an important distinction between the money a retailer is taking in and the amount of product it's actually moving.
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