News

The latest industry news and PSA BDP Happenings from across the globe.

November 27, 2018

According to a Federal Reserve report on 2018’s third quarter, there was “moderate output growth,” but the same report raised warnings on potential difficulties on the horizon, including rising materials costs and uncertainties over the trade environment.

November 27, 2018

A two-year investigation into whether Antwerp port authority broke EU state aid regulations in its relationship with its major container terminal operators during the depths of the global financial crisis has ended.

November 26, 2018

Trade growth is likely to slow further into the fourth quarter of 2018, according to the WTO’s latest World Trade Outlook Indicator.

November 26, 2018

British Retail Consortium (BRC) CEO Helen Dickinson said it is now up to Parliament to ensure that there is a smooth transition period to avoid a chaotic no-deal Brexit for consumers.

November 20, 2018

The IMO’s 0.5% sulphur cap, to be imposed in January 2020, could be a “blessing in disguise” for shipping lines, should the regulatory fallout finally end the industry’s elusive search for supply and demand balance.

November 20, 2018

The Trump administration pushed ahead with plans to tighten restrictions on technology exports, a measure that Deutsche Bank AG says would have a “profound and long lasting adverse impact” on relations between the U.S. and China.

November 20, 2018

MSC is optimizing its Asia-South America east coast network through a new vessel-sharing agreement (VSA) with two other carriers. The new arrangements will slash transit times on MSC’s Ipanema service by at least a week.

November 20, 2018

The National Retail Federation projects sales between $717.5 billion to $720.9 billion this holiday season, representing a 4.3% to 4.8% increase over last year's sales of $687.9 billion, which were a 5.3% increase over 2016.

November 19, 2018

While most economists agree that trade wars are ineffective and harmful, some players in the logistics industry are seeing opportunities – mostly in air freight, which typically benefits from chaos and change.

November 18, 2018

The European Union is hammering out the first bloc-wide rules to prevent foreign investments from threatening national security, as Chinese acquisitions foster political unease.