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Rising Tensions in US Ports: The Specter of a New Strike
As the 15 January deadline for the tentative agreement between the International Longshoremen's Association (ILA) and the United States Maritime Alliance (USMX) approaches, the US logistics industry is bracing itself for possible disruption. The agreement reached last...
Red Sea crisis: Impacts on operations, rates, and seasonal demand in 2024
The Red Sea crisis, which erupted in late 2023, profoundly affected the global shipping industry throughout 2024, impacting transit times, container rates, and seasonal demand dynamics. The need to reroute routes through the Cape of Good Hope resulted in additional...
Trump’s proposed 25% tariffs: possible economic and trade repercussions for Canada, Mexico, and the U.S.
President-elect Donald Trump's proposals to impose 25 percent tariffs on all imports from North America's trade allies-Canada and Mexico-could profoundly rewrite the dynamics of trade in the region, generating high costs for key sectors and affecting both American...
ECB cuts interest rates for fourth time in 2024: a look at strategy and economic outlook
On Thursday, the European Central Bank (ECB) announced another interest rate cut, the fourth this year, leaving open the possibility of further action in the near future. This decision reflects the need to support a still-weak European economy and ensure that...