Hongkong Post suspends services to 'unreasonable' and 'bullying' US
Alongside a blistering attack on the US, Hongkong Post announced this morning it would suspend ...
Fears of a global recession have grown increasingly acute as 2020 has got underway, and were underlined this week by the publication of the annual emerging markets logistics index.
Around two-thirds of respondents to the survey, which forms the basis of the index, said they thought recession was likely this year as the global economy continues to struggle with shocks and fears of higher trade barriers haunt cross-border supply chains.
However, Essa Al-Saleh (pictured above), Agility chief executive, told The Loadstar today ...
Amazon pushes into LTL for small package fulfilment and UPS does a u-turn
New senior management for DSV as it readies for DB Schenker takeover
Volumes set to 'fall off a cliff' as US firms hit the brakes on sourcing and bookings
Asian exporters scramble for ships and boxes to beat 90-day tariff pause
Temporary tariff relief brings on early transpacific peak season
'Tariff madness' will prompt renegotiation of ocean shipping contracts
Forwarders 'allowing the fox into the chicken run' by supporting 'hungry' carriers
Response to tariffs by Chinese importers may see extra costs for US shippers
Comment on this article
Derek Jones
February 14, 2020 at 3:47 pmWhen will people learn that recessions are a self-fulfilling prophecy? You predict one and – guess what? Having scared everybody into keeping their money in their pockets for the rainy day that wasn’t coming, you get . . . . a recession.
Do YOU think we’re going to have a recession? OK, do us all a favour and keep it to yourself.