Asia’s exports rebound — Trade figures augur well for the global economy

In Asia’s export dynamos, trade is picking up steam. In January, Chinese exports rose year-on-year for the first time in ten months; South Korean shipments have increased for three months in a row. Surveys reveal strong export pipelines in Japan, Singapore and Taiwan. Healthy order books for Asia’s manufacturers normally bode well for global trade […]

Global stocks hit record highs, dollar rises on rate-hike view

Stock prices across the world climbed to record highs on Tuesday on news euro zone business activity accelerated to its swiftest pace in six years, while the dollar gained on the view the Federal Reserve might raise interest rates in March. The revived possibility of a U.S. rate hike next month, together with demand for […]

Port Tracker calls for strong annual growth in first half of 2017

While United States-bound retail container volumes trended down in December, the over all outlook for 2017 volumes appears to be solid, according to the most recent edition of the Port Tracker report issued by the National Retail Federation (NRF) and maritime consultancy Hackett Associates.

Transports Put Up Strong Week Led By LTL And Container Shipping Line Companies

• Transports are now up 3.1 percent; whereas the SPY is up 2.4 percent. • President Trump and U.S.-Mexico issues continue to garner headlines. • Mexico indices and select individual companies performed strongly during the week. • Slower GDP growth for the fourth quarter isn’t such a bad thing; but getting the federal budget passed […]

US-Mexico currency gap to spur LTL shipping

The strong US dollar and higher fuel prices will mean more less-than-truckload shipping in Mexico and across the US-Mexican border, an executive at trucking industry association and technology provider SMC3 said at the group’s JumpStart 2017 conference here Monday. (This article requires registration at the Journal of Commerce. To access, please click on the above […]

December airfreight prices remain ahead of 2015 levels

Airfreight prices continued to track ahead of the year-ago level in December, despite a seasonal drop-off in prices.The latest figures from consultant Drewry’s Sea & Air Shipper Insight report shows that the average buy rate across 21 major east-west routes reached $3.14 per kg in December.