OceanX radar: Doom & gloom at the IMF; China's new plan; Bought in the US of A
Here comes the rain again
The World Bank has warned that there is significant economic risk to China and East Asia, and has cut its growth forecasts. While lower oil prices would help growth, global economic uncertainties, a strengthening dollar and higher US interest rates and monetary policy divergence could be harmful. It also recommended reducing supply mismatches.
Container shipping can see ‘green shoots’ of freight demand recovery
Supply chains 'finally beginning to stabilise', says Maersk
Forwarding M&A round-up: plenty of action making smaller headlines
Some ocean trades stabilising, but transatlantic rates still falling
B: China, Brazil strike deal to ditch dollar for trade
DB Schenker sale – storm clouds gathering
Another rail strike in Germany to add to European freight troubles
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