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Matson Offers Inside Glimpse Of Trans-Pacific Pandemonium
Tuesday, November 3, 2020 - 2:05pm | 1361Read More..."To give you a sense of the demand right now, we are turning away — each week — more cargo than we are carrying," revealed Matson Inc. (NYSE: MATX) CEO Matt Cox, referring to the scramble for slots on his company's two China-U.S. services. During a conference call with analysts Monday after...
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Tradeshift: 'Green Shoots' Of Economic Recovery Emerging
Thursday, July 16, 2020 - 10:37am | 832Read More...Global trade fell 14.8% in the second quarter of 2020, according to Tradeshift, but evidence of an upward curve in June suggests the impact of the COVID-19 pandemic could bottom out at the lower end of the 13% to 32% decline predicted by the World Trade Organization. Tradeshift's Global Index of...
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Seafarers Still Stranded At Sea — And More Test Positive
Wednesday, July 1, 2020 - 3:55pm | 1227Read More...Shipping groups and seafarer unions are desperately trying to convince governments to allow crew the right to transit after work contracts expire. Most governments still haven't listened. An estimated 200,000 crew remain stranded at sea, unable to get back to their homes after their initial work...
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US 2019 Trade Balance
Thursday, January 9, 2020 - 9:25am | 30Read More...Image Sourced from Pixabay
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Global Trade Flows Decline Even As Capital And People Flows Stay Resilient, Says DHL Report
Friday, December 6, 2019 - 9:04am | 927Read More...In a call this week, executives of freight forwarding giant DHL spoke on its observations of globalization based on DHL's Global Connectedness Index (GCI) that monitors the flows of trade, capital, information and people across the world. John Pearson, the CEO of DHL Express, initiated the...
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Slowing Wood Demand Reduces Global Trade Of Lumber
Tuesday, January 15, 2019 - 12:23pm | 1031Read More...The market for lumber slowed considerably in the second half of 2018 as the Chinese economy lost momentum and trade disputes with the U.S. persisted. The United States has cultivated a strong export market for lumber products in China. Prior to the escalating trade war, the American Hardwood Export...
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Benzinga Market Primer, Monday October 15
Monday, October 15, 2012 - 5:09am | 957Read More...U.S. equity futures rose in early Monday trading as China reported a trade surplus that rose faster than economist expectations, raising hopes that the Chinese economy is close to bottoming following a protracted slowdown in growth. The National Bureau of Statistics of China reported that the trade...
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Devaluing the Dollar - Against What?
Thursday, May 17, 2012 - 6:16pm | 664Read More...Devaluing the Dollar - Against What? Courtesy of Jesse's Cafe Americain When people talk about devaluing the dollar, as opposed to reissuing it completely, the natural question is, against what? What would one devalue it against officially if you do not wish to...
