The comparison of total cargo volume and shipping capacity in the U.S. largely determines the direction of freight rates. However, even when the overall cargo volume remains unchanged, when the ratio of capacity to cargo volume in local U.S. port areas changes significantly......
China's exports in the first half of the year mainly reflected the upward movement of global agricultural and energy prices, the sharp increase in demand for new energy equipment and new energy vehicles, and the slowdown in housing construction and investment after overseas interest rate hikes.
The top 10 countries with the highest default risk in order, El Salvador, Ghana, Tunisia, Pakistan, Egypt, Kenya, Argentina, Ukraine, Bahrain, and Namibia.
On July 25, Kuehne+Nagel announced its second quarter and first half of 2022 results, achieving three consecutive quarters of profit in excess of $1 billion.
Freight rates reflect the future, and there are still many unfavorable factors ahead: high inventories of U.S. retail, record high inflation again, the Fed is expected to raise interest rates again this week, and the lack of momentum in late demand growth.
The International Chamber of Commerce (ICC) first introduced Incoterms (International Trade Terms) in 1936 to provide guidance to buyers and sellers in the formulation and performance of contracts of carriage of goods.