Logistics
Consumers face an overall average effective tariff rate of 27 percent, the highest since 1903 and, despite the 90-day pause, trade tariffs still feel like a constantly moving picture with a huge amount of uncertainty around what could happen next.
“There seems to be more common acknowledgement that nobody expects this to be short lived, and the longer it drags on, the more inflationary the pressure will be,” said Patrik Berglund, ...
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The 17th edition of the One World’s Market Sentiment Index, or MSI, for the multipurpose and breakbulk industry, shows further slippage in sentiment from 54.3 in the last edition to 53.3 in this edition but still above 50 which marks the point between generally positive ...
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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 ...
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The British International Freight Association, or BIFA, has launched a cargo community advisory body to undertake activities previously covered by the CCSUK User Group.
The advisory body will initially focus on the impact of the planned massive redevelopment of Heathrow Airport’s cargo village and the associated ...
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According to a report from market research provider Transport intelligence (Ti), the global e-commerce logistics and fulfillment market is forecast to grow 15.5 percent in 2025.
CEO Simon Wong said U-Freight Group, the Hong Kong-based international freight forwarding and logistics group, is ready to meet the ...
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Trans Global Projects said Michael Andrews has returned to TGP as business development director, an international role based at TGP’s new headquarters in Sevenoaks, UK.
Andrews brings more than 37 years of extensive experience in project logistics and business development. His career spans several decades and ...
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The severe downturn in U.S. imports following Trump’s 145 percent tariffs against China and similar exorbitant rates across the Pacific Rim and the world has been no surprise for the nation’s port officials.
“It’s not a surprise to us. We knew what the impact of ...
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U.S. consumer confidence slumped for a fifth-month to a 13-year low, a level not seen since the onset of the Covid-19 pandemic, as anxiety over the impact of tariffs takes a heavy toll, the Associated Press reported.
The non-partisan think tank Conference Board said April 29 ...
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Ryanair would consider cancelling planes it has on order from Boeing if U.S. tariffs materially affect the price and look at alternative suppliers, its CEO Michael O'Leary said May 1.
Ryanair, Europe's largest airline by passenger numbers, is due to take delivery of the final 29 ...
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The U.S. House of Representatives on April 30 voted to rescind the Environmental Protection Agency's 2023 approval of California's plans to require a rising number of zero-emission heavy-duty trucks, Reuters reported.
The House also voted to repeal an EPA waiver issued in December under former President ...
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