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The Railway Strike in Canada: A Lightning Crisis with Global Repercussions
Last Thursday, Canada witnessed an episode that could have had serious consequences for North American logistics: the lockout of unionised railway workers. However, what threatened to become a prolonged disaster for the freight sector lasted only eighteen hours. On...
Gold Under Pressure: Prices Fall as Market Waits for US Interest Rate Indications
Today, Friday 9 August 2024, gold prices remained subdued, with the week characterised by an overall decline, as investors await further signals on the extent of a possible interest rate cut in the United States scheduled for September. At 10:36 a.m. Italy time, spot...
Oceanic and Air Tariff Trends and Prospects
Over the past week, Sea Freight from Asia remained stable on many routes, holding at the mid-July highs. However, reports of increased ease for shippers and carriers in securing spot allocations and bookings, coupled with projections of a decline in US imports...
Transport Tariffs: Typhoon Gaemi devastates the Philippines, Taiwan and South-East China
Typhoon Gaemi caused massive destruction in the form of evacuations, deadly landslides and flooding in the Philippines and Taiwan, extending its devastating effects to parts of south-eastern China. The storm sank a cargo ship off the coast of Taiwan and stranded...