Retailers downgrade outlook, as inflation and high inventories bite
Amazon yesterday reported a Q2 net loss of $2bn, which it said was in part ...
Bloomberg is reporting that the next round of China-US tariffs could be the costliest yet for American consumers. According to the report, the US will announce tariffs on all remaining Chinese imports by early December, with the impact on consumers as much as 10 times worse than the tariffs thus far implemented. Expected to take effect in February, they would hit finished goods including iPhones and Nike trainers – so far untouched by the trade war. It seems manufacturers and retailers are already prepping for the imposition. One source said “everyone knows he’s going to do it,” in reference to Donald Trump.
Dock strike at Felixstowe 'inevitable', after last-ditch pay talks break down
China trade surplus under threat as peak season collapses and demand cools
More blank sailings on the cards as ocean spot rates continue to tumble
Shipping lines' move to become integrators 'a compliment' to air freight
New talks at ACAS a last-ditch bid to prevent disruptive strike at Felixstowe port
Rant radar: Here's the 'go to hell' message to forwarders
Port congestion driving more shippers to China-Europe rail and road options
Air cargo industry still eyeing a peak season, despite losing in-cabin capacity
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