World Economy News

World Economy News

The latest news in global trade, including trade deficits, production and orders indexes, exports, manufacturing and more.

Commentary

Accelerating freight growth is raising questions about capacity at North American ports, the truckload market and other troublesome bottlenecks.

News & Analysis

20 Mar 2015
The British government will consider ways to reduce a shortage of truck drivers that shippers and carriers say threatens economic growth in the U.K., including finding funds for driver training.
16 Mar 2015
India’s merchandise exports in February plunged 15 percent from a year earlier to $21.5 billion, following an 11.2 percent decrease in January, marking the lowest value in three years, according to provisional figures released by the Ministry of Commerce and Industry.
04 Mar 2015
The U.S. needs to boost its exports to fast-growing emerging markets, but it faces a number of barriers that stand in the way of a more balanced trade, Walter Kemmsies, chief economist of port design consultancy Moffatt & Nichol, told a panel at the 15th annual TPM Conference on Tuesday.
02 Mar 2015
Global economic growth will accelerate next year driven by lower energy prices, a resurgent U.S. consumer as a global driver of growth, and stimulus measures being imposed by multiple central banks, IHS Chief Economist Nariman Behravesh told the 2015 TPM conference in Long Beach on Monday.
19 Feb 2015
In an encouraging sign for the still-struggling Japanese economy, the nation’s exports got off to a powerful start this year, with shipments to the U.S. and some other major trading partners in January rising at a double-digit pace compared to the prior year.
14 Feb 2015
India’s merchandise exports tumbled 11.2 percent year-over-year in January, the lowest level since July 2012, but a steeper decline in imports helped pull the country’s monthly trade imbalance with the rest of the world down to an 11-month low, according to provisional trade data released by the Ministry of Commerce and Industry.
16 Jan 2015
India’s trade deficit with the rest of the world narrowed to a 10-month low in December, as imports declined more than exports, according to the latest trade data released by the Ministry of Commerce and Industry.
07 Jan 2015
Following a strong end to 2014, global air freight demand will rise 4.5 percent in 2015, outpacing the growth of world trade, the International Air Transport Association says.
30 Dec 2014
Western ocean carriers, port operators and freight forwarders are bracing for a slump in Russia’s freight traffic as the nation heads for recession and double-digit inflation in 2015.
19 Dec 2014
The Japanese government has recently expressed concern to the U.S. government regarding the delays of U.S. forage exports because of U.S. West Coast port congestion, according to an agriculture shipper group.