Posts Tagged ‘International’

US Container Imports Still Strong as Tariff Increase Approaches

Imports at the nation’s major retail container ports have dipped since peaks seen last fall but remain at higher-than-usual levels as a possible increase in tariffs on goods from China approaches in March, the National Retail Federation (NRF) and Hackett Associates said. 

Transpacific airfreight rates decline again in January

Airfreight rates on the transpacific trade lane continued to come under pressure in January as contacts say that demand at the start of 2019 has been lacklustre. Figures from Tac Index show that airfreight rates on services from Hong Kong to North America declined by 0.8% year on year to an average of $3.66 per […]

Ocean Carrier Trends: Containing capacity while remaining poised for growth

Coinciding with the upswing in the world economy two years ago, global seaborne trade is doing well, note analysts for the Geneva-based United Nations Conference on Trade and Development (UNCTAD). They also observe that containerized shipping expanded by 4% in 2018-the fastest growth in five years.

IATA reports passenger and freight growth in 2018

The International Air Transport Association (IATA) announced global passenger traffic results for 2018 showing that demand (revenue passenger kilometres or RPKs) rose by a healthy 6.5%, whilst air freight grew by 3.5% (both compared to full-year 2017).

The US-China trade war could benefit Europe, Mexico and Japan

The trade war between the United States and China has caused major disruptions for global businesses – but it may also bring benefits for some. Companies in Europe, Mexico, Japan and Canada could add tens of billions of dollars in export orders if the conflict drags on, according to a study released this week by the United Nations Conference on […]

Consumer spending on track for worst year in decade, says National Bank

A slowing Canadian economy will result in consumer spending falling to its lowest level in a decade this year, according to a new report from the National Bank of Canada. Economists at the bank expect real consumption growth – which is calculated once the impact of inflation is stripped out – to hit 1.3 per cent in 2019, which would be the lowest since 2009 […]

NY/NJ Port Reaches 7 Mn TEU Milestone

The Port of New York and New Jersey witnessed a record-breaking year as it handled over 7 million TEU in 2018 for the first time in its history.

State of Global Logistics: Time for a reality check

A combination of rising global interest rates and ongoing trade protectionism will continue to create unexpected turbulence for logistics managers over the course of 2019, say analysts. Meanwhile emerging markets will provide opportunities for faster growth-yet each faces its own set of operational challenges.

Asian airlines report growth in 2019 despite end of year slowdown

Asian Pacific airlines recorded an “encouraging” increase in air cargo volumes in 2018, despite a slowdown towards the end of the year. The latest figures from the Association of Asia Pacific Airlines (AAPA) show that air cargo volumes increased by 3.9% year on year in 2018. However, growth continued to slow as the year progressed, […]