Tag: Warehousing

Political tensions between the U.S. and China are contributing to lower container shipments between the world’s two largest economies, on top of an already-underway reshaping of global trade, according to a major shipping industry boss.  “We are seeing a de-leveraging of trade between the U.S. and China,” Jeremy Nixon, chief executive officer of Ocean Network

Global supply chains are still dealing with a turbulent and difficult operating environment. A softening in the demand for imports is expected for major economies in the coming months. Spending capacities in Europe and in the U.S. have weakened. In China, strict COVID restrictions spanning the country’s key ports continue to have a ripple effect