In his first speech to a joint session of Congress, President Donald Trump said last night that he will send lawmakers a bill calling for a $1 trillion investment in the nation’s infrastructure. Earlier in the day, Association of American Railroads (AAR) President Ed Hamberger outlined a five-point policy position on infrastructure investment in an […]
From a customer’s perspective, with e-commerce, “convenience”, “control”, and “cost” (the so-called three “Cs”) assume a crucial role: Today, customers determine the hours of operation (they log on whenever they want, thus a company always has to be “on”), customers increasingly want to serve themselves (think of a retailer checking the status of their shipments […]
A new position paper from TIACA’s Shippers’ Advisory Committee (SAC) has urged the air cargo industry to work together to drive adoption of new technology to improve data flow and create greater transparency.
A group representing global container lines blasted a beneficial cargo owner-led effort to prevent marine terminal operators and carriers for fining them when forces out of their control prevent them from picking up or returning containers and chassis, saying it could cause “more disputes and port congestion.” (This article requires registration at the Journal of […]
Global bunker fuel costs could rise by up to USD60 billion annually from 2020, in a full compliance scenario, when the International Maritime Organization’s (IMO) 0.5% sulphur cap for bunker fuels kicks in.
The Dow breached the 21,000 mark for the first time ever on Wednesday, while the S&P and the Nasdaq hit record intraday highs, as President Donald Trump’s measured tone in his first speech to Congress lifted investor optimism.
Walmart and Target try to win customer loyalty based on an “everyday low price” business model. And now it looks like the prices from both retailers are going even lower. Walmart sells more groceries than any other supermarket in America, and the company is pushing a broad price-cutting initiative to ensure it stays on top […]
The U.S. economy expanded at a slower pace in the fourth quarter, as previously reported, and appeared to remain on a moderate growth path as President Donald Trump took office with a promise to reinvigorate manufacturing and protect jobs.
China’s factory activity expanded faster than expected in February as domestic and export demand picked up, adding to signs that the global economy is regaining momentum even as fears grow of a surge in trade protectionism.
What happens next for North American trade talks? It’s not just Canadians and Mexicans who’d like to know. So would members of the United States Congress, who actually have a legal role in trade talks. The American law allowing fast-track approval for trade deals sets out two necessary steps involving lawmakers: first, the president must […]
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