What We're Reading: Trendwatch Week 14

sea port containers and cranes

Your weekly update on the latest trends and news from the supply chain world. 

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U.S.-China trade war timeline: What's happened in 2019 so far

April 2, 2019 - A year into the tariff war between the U.S. and China, officials are signaling that a hard-negotiated deal to end the standoff is near. President Xi Jinping’s top trade envoy, Liu He, is set to be in Washington this week for further talks.

Source: Bloomberg 
 
The Brexit day that wasn't leaves Britain counting the cost

April 1, 2019 - For more than two years, the clock ran down toward March 29, the day Prime Minister Theresa May pledged Britain would leave the European Union. As the drama rolls on, the costs mount from the Brexit day that wasn’t. May’s deferral of the departure to at least April 12 came too late for companies that spent months assuming the crunch would arrive as scheduled. If London and Brussels delay further to avoid a chaotic no-deal split, some of the preparations could turn out to have been for naught.

Source: Bloomberg 

Case Study Spotlight:

Sustainable solutions: How a LEARN Project led to reduced carbon emissions for FMC

BDP and FMC teamed up on a Logistics Emissions Accounting and Reduction Network (LEARN) Project, focused on measuring emissions using the Global Logistics Emissions Council Framework and identifying opportunities for increased efficiencies on selected trade lanes.

Read the Case Study here

BDP and FMC LEARN Project

To ease post-Brexit congestion, 'trailer traffic could be switched to containers'

April 3, 2019 - UK container terminals and European shortsea box carriers have enough capacity to handle some 20% of Dover’s trailer traffic, should alarmist predictions of post-Brexit congestion at the ferry port materialize.

Source: The Loadstar

 

Shippers' council slams block exemption rule and calls for liner consortia reform

April 1, 2019 - As the European Commission continues its review of the liner shipping’s Block Exemption Regulation (BER), which allows container carriers to work in consortia, cargo owner lobby group the European Shippers Council (ESC) has called for the law to be repealed – or at least fundamentally altered.

Source: The Loadstar 


Global trade growth could rebound in 2020

April 2, 2019 - World trade will continue to face strong headwinds in 2019 and 2020 after growing more slowly than expected in 2018 due to rising trade tensions and increased economic uncertainty, according to the World Trade Organization (WTO). 

Source: The Maritime Executive

 

Kudlow: Some tariffs may remain even if trade war resolves

March 29, 2019 - The idea that tariffs may remain even after negotiations reach a satisfactory end will be unwelcome news to the business community, which has dealt with one year of uncertainty as to which categories of goods will be affected next. This news may, however, offer some comfort to the growing list of businesses that have planned for tariffs to stay in place if not increase this year.

Source: Supply Chain Dive

 
U.S. court rules against opening Arctic waters to drilling

April 1, 2019 - On Monday, offshore drilling proponents called for the White House to continue to fight for drilling in Arctic waters after a court dealt the Trump administration's offshore regulatory plans a setback last week. 

Source: The Maritime Executive