Price cuts, weaker spending may boost Fed’s faith in inflation outlook
A new round of price cuts by major U.S. retailersand data showing a consumer spending slowdown may boost the Federal…
Fed’s Goolsbee says inflation could still fall without rising unemployment
U.S. Federal Reserve officials are “trying to wrap their head around” whether further improvement in inflation will require higher unemployment,…
Container Rates on the Rise Again
Container shipping rates are on the rise once more. In its latest weekly report, shipbroker Xclusiv said that “container shipping…
Shipping’s new reality
After a period of relative stability spanning five decades, the industry finds itself grappling with a new reality. A maturing…
Double-check where you can anchor – lessons from the AFRA OAK decision
It is common for vessels that trade through the Malaca and Singapore Straits to receive instructions to wait “OPL Singapore”…
Vessel congestion building outside Charleston, Savannah
Container ships are anchoring outside both southeast US ports due in part to a project in Charleston that will shut…
Global port congestion taking out capacity, creating more delays
Ports not designed for transshipment are being inundated with boxes, one of the knock-on effects of Suez Canal diversions that…
Brazil seeks to buy 300,000 mt of white rice via June 6 tender
Brazil plans to buy up to 300,000 mt of milled rice from global origins via a June 6 tender, as…
Indonesia to issue copper export permits for Freeport, Amman, official says
Indonesia will issue copper concentrate export permits for miner Freeport Indonesia and Amman Mineral Internasional, a trade ministry official said…
South Korean’s KFA passes in 68,000 T corn tender, traders say
The Korea Feed Association (KFA) is believed to have rejected all offers and made no purchase in a tender on…