The 10-year US economic expansion is over, killed by the response to the coronavirus disease 2019 (COVID-2019), and the recovery will be slow, IHS Markit chief economist Nariman Behravesh warns.
World Economy News
World Economy News
The latest news in global trade, including trade deficits, production and orders indexes, exports, manufacturing and more.
08 Oct 2019
In his keynote address at the JOC TPM Asia Conference in Shenzhen, Cosco's Wang Haimin said US tariffs are accelerating the shift of production of furniture, tires, machinery, and footwear from China to Southeast Asia.
15 Jul 2019
Older vessels and jockeying for cargo are crimping the health of the breakbulk sector, which can be seen in recent rate data.
23 May 2019
The rise of populist governments is crimping the outlook for free trade, according to Boris Glass, senior economist with S&P Global Ratings.
19 Apr 2019
The World Trade Organization has downgraded its 2019 outlook for world trade growth to 2.6 percent from a 3 percent clip in 2018, and global manufacturing is weakening.
04 Mar 2019
IHS Markit Chief Economist Nariman Behravesh tells TPM 2019 slowing global economic growth puts the odds of a recession at 3-to-1, with a likelihood of a worldwide recession in 2020 at 50-50.
20 Nov 2018
In the next two decades, project construction and transport sectors can expect electricity generation to grow in importance, as emerging nations, particularly those in Asia, shift toward light industry, service economies, and digitization.
24 Jul 2018
Maersk, the world’s largest ocean carrier, said India — riding a wave of economic reforms — registered an impressive year-over-year increase in its export-import trade with the member countries.
22 Mar 2018
Executives are increasingly viewing the emerging market economy as a bright spot for investment. And the reason is clear: India’s GDP growth is expected to exceed China’s next year.
06 Mar 2018
IHS Markit Chief Economist Nariman Behravesh shares his outlook for global economic and trade growth with attendees at the 18th Annual TPM Conference at a time of growing uncertainty surrounding fiscal and trade policy.
05 Mar 2018
Political decisions, whether in trade or monetary policy, are the biggest threats toward US and global economic expansion, IHS Markit’s Nariman Behravesh tells TPM 2018.
18 Oct 2017
There was no slowing down Chinese containerized exports in September, but the double-digit growth continued to be accompanied by steadily declining freight rates.
13 Oct 2017
Nittsu Research Institute and Consulting Inc. has again revised upward its outlook for Japan’s container trade in fiscal year 2017.
28 Aug 2017
In terms of exports, the April-to-June index for the food and beverage industry led the pack.
17 Aug 2017
Container throughput at the world's major ports was up sharply in the first half, driven by rising volume being reported by carriers.
01 Aug 2017
Brazil’s container trade grew 5.8 percent year-over-year in the first quarter.
14 Jul 2017
The pace of growth in fiscal year 2017 will accelerate from fiscal 2016.
20 Jun 2017
India’s container trade is expected to grow at a faster pace in the coming months.
29 May 2017
Nine port pairs on services between Southeast Asia and the West Coast are experiencing faster transit times than before the new and enhanced alliances launched April 1.
24 May 2017
Julian Thomas, CEO of Hamburg Sud in the East Coast of South America, said the first-quarter figures are “impressive indeed.”
08 May 2017
Indices measuring the health of Japan’s import and export container trade improved in the first quarter.
27 Mar 2017
The fourth-quarter performance might be a blip, but there are plenty of indicators it isn't.
22 Mar 2017
Traffic began to take off in the second half of the year.
11 Mar 2017
A gradual return to more open domestic and international trade policies provided a small spark to the Brazilian economy in late 2016 and boosts carrier optimism.
08 Mar 2017
IHS Markit Chief Economist Nariman Behravesh discusses the US and global economic outlook with a particular focus on the impact on container trade.
27 Feb 2017
Much depends on the actions of President Donald Trump.
16 Feb 2017
India’s leading transportation and logistics companies booked healthy results in the third fiscal quarter compared with the second.
19 Jan 2017
“India could probably be the only country to deliver nearly double-digit growth in container trade this year."
02 Dec 2016
Maersk Line thinks Brazil’s shipping industry is in store for some Christmas cheer.
16 Nov 2016
Earnings at India’s leading transportation and logistics services providers took a hit in the second fiscal quarter, but there are signs of recovery.
18 Jul 2016
Indian exports are rebounding from a slide that lasted more than year.
12 Jul 2016
Japanese container trade volume will slip slightly in fiscal 2016 for the third straight year.
04 Jul 2016
With next month’s summer Olympics a disaster long before the torch is lit, and with political and economic upheaval swirling, South America’s biggest economy is in the midst of one of its deepest recessions.
29 Jun 2016
The impact of the U.K.’s vote to leave the European Union is expected to be muted.
29 Jun 2016
Ripples from Brexit could reach truck cabs on U.S. highways.
29 Apr 2016
Intra-Asia trade will increasingly benefit from the rapid growth of consumption in Asia as a higher percentage of cargo is shipped to end markets in the region instead of to destinations in other parts of the world.
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