Global logistics companies tell CNBC they have started the planning for a potential Trump win in November and the strategies that will be needed to mitigate any additional tariffs, with Mexico a key import gateway for any escalation in the trade war against China begun under Trump and continued during the Biden presidency. The planning … Read more
The Maersk Sentosa container ship sails southbound to exit the Suez Canal in Suez, Egypt, on Thursday, Dec. 21, 2023. Stringer | Bloomberg | Getty Images Attacks on ships in the Red Sea continue to push ocean freight rates higher, triggering warnings of inflation and delayed goods. To avoid strikes by Iran-backed Houthi militants based … Read more
Transport containers are loaded onto rail automobiles on the World Container Terminals Vanterm container terminal on Vancouver Harbour in Vancouver, British Columbia, Canada. Bloomberg | Bloomberg | Getty Photos Members of the Worldwide Longshore and Warehouse Union (ILWU) of Canada voted to ratify the second tentative settlement with West Coast port possession, which means an … Read more