China June consumer inflation misses forecasts amid anaemic demand
China’s consumer prices grew for a fifth month in June but missed expectations, while producer price deflation persisted, with domestic…
US, China Challenges Persist for Global Credit Outlook
The 2024 global outlook for credit has improved since Fitch’s previous outlook review published at the end of 2023, says…
Capacity overplay, dipping volumes put elevated China-India rates in reverse
Forwarders cited two plausible factors for the price move – excess capacity pumped into the market and a moderation in…
German container ports hit by two-day ‘warning‘ strikes
An ongoing wage dispute between the ver.di union and port employers is continuing to disrupt operations at some of the…
Charleston clears vessel backlog, but expects some delays through November
The port was able to clear all the recently anchored vessels, helped by a temporary reopening of all Wando Welch’s…
US retailers upgrade import forecast for sixth straight month amid strong sales
The revised forecast from the National Retail Federation comes as US consumer spending remains strong despite higher prices for merchandise…
Infrastructure, green energy projects to boost Houston breakbulk activity
Spillover talk is surfacing, but a shift has yet to materialize at Port Houston while oil and gas-related steel demand…
INTTRA platform market share loss suggests new landscape for ocean freight booking
Shippers and forwarders now have a range of options to book with ocean carriers, who themselves have developed direct online…