FreightWaves Founder and CEO Craig Fuller analyzes the impact of the latest Chinese lockdowns on the supply chains between China and the U.S.
Thanks to COVID, there are no seasonal highs and lows for international shipping. There is so much demand for goods that the peak season never seems to end — and ports, railroads, truckers and warehouses are reaching the breaking point.
Demand for its products skyrocketed, but port congestion and freight capacity constraints have prevented their delivery, and now Peloton is spending $100 million to try and fix its supply chain.
Airfreight rates from China are on the rise again. The rest of the world is more stable when it comes to air cargo. But China is driving much of the transport activity because of its export of face masks and other goods.
Pandemic-caused shortages put spotlight on importance of cargo moved through California ports
The extended strength in the official manufacturing PMI is positive for markets and aided by a drop in U.S.-China trade tensions.
After adjusting for Lunar New Year distortions, the growth rate for Chinese exports to the U.S. in November was the lowest since January 1996.
Contributor Ben Thrower writes about the growing ties between the Chinese and European economies and the potential danger of those ties.
September saw China record its lowest monthly export growth to the U.S. since 1996 as the trade war inflicted more damage.
President Trump announced that the U.S. will delay the next round of scheduled tariff increases.
China’s National Bureau of Statistics reported slowing growth pointing to weaker exports as the China Manufacturing Purchasing Managers Index (PMI) dropped to 50.8 percent, down 0.5 percentage points from the previous month to the second lowest reading in 12 months.
