Business
Tariffs imposed by President Donald Trump have not yet led the U.S. into a recession, but worries over the economy are widespread and growing despite continued job and income gains, National Retail Federation Chief Economist Jack Kleinhenz said May 7.
“The possibility of a U.S. recession in the near future has increased due to rising trade tensions and other economic factors, but it hasn’t happened yet,” Kleinhenz said. A set of ...
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Retail sales in March snapped a two-month series of declines, but those gains were moderate, as consumers continued to anguish over rising tariffs, according to the CNBC/NRF Retail Monitor, the National Retail Federation said April 14.
The improved spending “came before the president’s ‘Liberation Day’ tariff ...
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Trailer Bridge Inc., the Jacksonville, Florida-based full-service transportation provider, said it has partnered with technology provider Highway to enhance its tech stack and better support its customers and carrier partners.Highway specializes in Carrier Identity® solutions for brokers, providing the necessary data to reduce fraud and ...
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Supply chain risk and compliance platform provider Resilinc said its EventWatchAI database revealed that overall disruptions to global supply chains increased 38 percent from 2023.EventWatchAI, a risk monitoring database found the top five disruptions in 2024 were factory fires, labor disruption, business sales, leadership transition ...
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There was a substantial disconnect between supply chain leaders’ expected and actual performance during the 2024 holiday season, according to post-peak analysis by Deposco, the supply chain software provider.While 93 percent of organizations entered peak season confident in meeting customer expectations, 58 percent struggled with ...
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Supply chain execution solutions provider Kaleris has made several appointments to its executive team: Bob White as CFO, Preshant Bhatia as chief go-to market officer, or CGMO, and Marc Degenkolb as chief revenue officer.White brings experience in financial expertise and strategic insight in planning, financial ...
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Logistics payment platform PayCargo and Gnosis Freight, a provider of supply chain visibility and execution software for shipping containers, on March 3 announced an integration and partnership with leading liner shipper Hapag-Lloyd to launch the Container Payment Portal, or CPP.
Hapag-Lloyd has released plans to ...
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Global trade will still grow even if all tariffs proposed during President Donald Trump’s election campaign are implemented, and other countries retaliate, said
in the latest edition of its Trade Atlas, published on March 12. However, the tariffs could significantly reduce the rate of ...
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Descartes Systems Group, a provider of on-demand, software-as-a-service solutions, said Illinois-based freight forwarder American Lamprecht has employed its cloud-based forwarder enterprise billing and accounting solution.Using Descartes’ shipment tracking capabilities, which are integrated with Descartes’ cloud-based forwarder enterprise billing and accounting solution, American Lamprecht can provide ...
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The BlackRock-TiL Consortium and CK Hutchison said March 4 they have reached in principle agreements whereby BlackRock-TiL will acquire HPH’s 90 percent interest in the Panama Ports Co.,BlackRock-TiL will also acquire CK Hutchison’s 80 percent effective and controlling interest in subsidiary and associated companies owning, ...
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