Accelerating freight growth is raising questions about capacity at North American ports, the truckload market and other troublesome bottlenecks.
World Economy News
World Economy News
The latest news in global trade, including trade deficits, production and orders indexes, exports, manufacturing and more.
News & Analysis
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.
17 Dec 2014
Japan’s trade surplus with the United States expanded by a whopping 20.4 percent in November on a year-on-year basis, as exports grew relatively strongly while imports fell, according to preliminary trade figures released by the Japanese Finance Ministry on Wednesday
05 Dec 2014
Brazil’s trade deficit narrowed for the third month in a row in November as the economy continues to face headwinds.
19 Nov 2014
The good news is the U.S. economy will continue to expand through at least 2017. The bad news is it won’t expand that much