US retail inventories hit new heights, and probably caused early transpac peak
In a warning to container shipping lines serving North America that the hitherto strong demand ...
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By Ian Putzger
The US economy appears to be on the road to recovery, judging by the improvement in manufacturing in July and rising export orders.
However, pundits caution operators to adopt a flexible stance, as the trajectory of the pandemic could lead to decline in the short term.
Data released by the Institute for Supply Management (ISM) show that the US Purchasing Managers Index (PMI) for July climbed for the second month in a row, after a three-month decline, to reach 54.2 (with a ...
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