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Falling Sea Freight Costs from Asia: A Look at Recent Dynamics
In recent months, the global ocean freight market has experienced significant fluctuations in costs, with a slight decline in rates for sea freight from Asia to major trade routes. This article explores the causes of these variations, their effects on different...
The Uncertain Future of Ring Trading at the London Metal Exchange: Tradition or Innovation?
The London Metal Exchange (LME), one of the last bastions of ring trading in the financial world, is at a crossroads. Although ‘ring trading’ appears to be safe for the moment, with most of the companies involved pledging to maintain this historic mode of trading, its...
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...