Economy Watch

The global economy is the single biggest factor in driving international trade. More than at any time in history, the U.S. economic outlook and growth is linked directly to China’s economic performance and, especially in the current environment, the economy in Europe. Among the key economic indicators critical in determining the course of international trade are retail sales, housing reports, employment reports, consumer sentiment and manufacturing.

News & Analysis

Flag of Ukraine
21 Apr 2014
While agribusiness investments are a thriving sector for multinational expansion, Ukraine’s more mature sectors — energy, mining and metallurgy — remain highly inefficient and subject to corrupt practices, according to Anders Aslund, senior fellow at the Peterson Institute for International Economics.
23 Jan 2014
Despite the noise from winter storms, holiday backlogs and an early Chinese New Year, there are signs that higher manufacturing activity is boosting freight demand and transport revenue, speakers say at SMC3's JumpStart 2014 conference.
Shanghai container terminal
21 Jan 2014
Growth in demand from the Asia-Pacific will be critical to the fortunes of the logistics industry in 2014, according to the Agility Emerging Markets Logistics Index 2014.
Port of Los Angeles
17 Jan 2014
U.S. containerized imports are projected to increase 6 percent in 2014, up from 3.5 percent growth in 2013, according to Journal of Commerce economist Mario Moreno.
U.S. containerized imports through December 2013. Source: PIERS
13 Jan 2014
U.S. containerized import volume inched up 0.3 percent year-over-year in December, according to advance figures from PIERS...
Cocktails
10 Jan 2014
The global beverage trade will be a key contributor to shipping demand growth over the next five years, according to a new report.
09 Jan 2014
America's economy is in its best shape since before the Great Recession, but U.S. Chamber of Commerce President Thomas J. Donohue calls for more action on trade, energy production to create jobs.
30 Dec 2013
Political protests in Bangladesh are causing lengthy delays for inbound and outbound shipments via Chittagong, the country’s busiest gateway hub port, according to reports from Dhaka.
Apparel
24 Dec 2013
U.S. apparel imports in the third quarter of 2013 tumbled 17.7 percent year-over-year to 181,126 20-foot-equivalent units, the industry’s steepest decline since 2007.
U.S. containerized imports through November 2013. Source: PIERS, the Data Division of JOC Group Inc.
19 Dec 2013
U.S. containerized import volume fell 9.2 percent month-to-month in November, according to advance figures from PIERS, a JOC sister company. Imports totaled 1.45 million 20-foot-equivalent units in November. Volume remained flat year-over-year, following seven consecutive months of increases.
18 Dec 2013
WASHINGTON — The Senate today passed a two-year budget deal that is expected to provide the U.S. economy with surer footing in 2014 by preventing a partial federal government shutdown and better spreading the pain of sequestration cuts.

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Commentary

NEW DELHI, India—A yellow truck festooned with black tassels and hex symbols to ward off bad luck passed our van on the right as we jounced over the potholes that slowed us to a crawl on the road between Jaipur and Jodhpur. The truck was similar to many of the trucks I saw on a three-week road trip in the northern Indian states of Rajasthan and Uttar Pradesh this winter, except for one thing: It was carrying a 20-foot container, the only box I spotted in hundreds of miles of tortuous driving. The blue box bore the familiar APL logo.