The air cargo industry could save billions of dollars in costs if it automated transactions between various players in the supply chain, according to one speaker at the Air Cargo China event. During a panel discussion on the future of air cargo, Lufthansa Cargo chief commercial officer Alexis von Hoenbroech said he believed around 70% […]
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Shipping Dodges a Bullet as US-China Trade War Tensions Subside
The international shipping community can heave a sigh of relief as the United States and China bury the hatchet and pledge to stop the trade war.
Trump calls for new ‘structure’ for U.S.-China trade deal
U.S. President Donald Trump on Wednesday signaled a new direction in U.S. and China’s trade talks, saying the current track appeared “too hard to get done” and that any possible deal needed “a different structure.”
Biggest Rollback of Bank Rules Since Dodd-Frank Clears House
The U.S. House has approved a sweeping overhaul of bank regulations, sending to President Donald Trump a bill that will give him a chance to make good on his vow to “do a big number” on the Dodd-Frank Act.
Real Estate Experts Warn Home Prices Are About to Fall
Housing prices have recovered nicely from the bubble that was such a key factor in the last recession, but the growth could be ending soon, and a fall is coming, warn real estate experts.
Who will be the biggest losers from a China-US trade war truce?
Exporters in Brazil, Australia and Russia could feel the pinch if China switches suppliers of some of its big-ticket imports to head off a trade war with the United States, according to analysts. That was the assessment after two days of “constructive” high-level talks in Washington last week yielded a commitment from China to “substantially” […]
How traffic jams at the U.S.-Mexico border ripple through the economy
You may not think very much about border transportation issues if you don’t live in El Paso or Laredo, Texas, or Nogales, Ariz., or Otay Mesa, Calif. People who live in those cities know that the traffic along an increasingly active international border affects their lives daily.
Truckload Linehaul, Intermodal Rates Hover Near Record Highs
Separate gauges of truckload linehaul and intermodal rates both moved again higher in April compared to the same time a year ago, at or near their highest levels on record. The Cass Truckload Linehaul Index continued the acceleration that began in 2017 by posting an 8.2% year-over-year increase, with the measure hitting a reading of […]
Projections for 2019 freight market: Things could get ‘murky’
Freight levels are up and industry analysts anticipate the market will remain healthy and strong for the rest of 2018. However, there is a lot of uncertainty in the domestic and global arena, according to FTR chairman and CEO Eric Starks, and that could make the outlook for 2019 murky.
US Puts ‘Trade War’ Against China on Hold, Mnuchin Says
The Trump administration won’t impose tariffs on Chinese products for now, after the two nations made progress on trade issues during two days of talks, Treasury Secretary Steven Mnuchin said.