OceanX radar: Doom & gloom at the IMF; China's new plan; Bought in the US of A
Here comes the rain again
A couple of good points in this Forbes article on sourcing. “Eventually prices will have to rise” notes the author, but what will manufacturers do in the meantime? Low costs and a young population make sub-Saharan Africa interesting – but is that enough? Do manufacturers consider cost as well as price? And why is 40% of Asia’s population broadly dismissed by factories?
The 'mother of all BAFs' looms for shippers as green targets advance
First shipper uses new land-air corridor ex-India for Bangladesh exports
Maersk idles more ships while NOOs see a rebound in demand
Container shipping can see ‘green shoots’ of freight demand recovery
Forwarding M&A round-up: plenty of action making smaller headlines
Shippers advised to give strike-hit port of Hamburg a miss
Some ocean trades stabilising, but transatlantic rates still falling
Retailers warn of challenging orderbooks amid continued high inventory
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