economic recovery

What Is Crucial For Global Economic Recovery And ‘Net-Zero’?

Adopting always-on connectivity to offer trade recovery is essential for the speed and viability of Net Zero emission plans in aviation, maritime, and private mobility.

Global economic recovery 

As the world seeks to rebound from the Covid-19 pandemic and the financial impact resulting from government measures taken during it, the transport industry is central to the global economic recovery.

Estimated to generate between 6 and 12 per cent of the developed world’s GDP, the sector has a positive...

https://mfame.guru/what-is-crucial-for-global-economic-recovery-and-net-zero/

Economists Keep An Eagle Eye For Signs Of ‘Moreflation’

Sentiment in financial markets changes quickly. The big worry for most of the last year has been about collapsing growth and falling prices. Now markets are fretting about inflation. Such fears were behind the sharp sell-off in US equities in the early part of last week, reports Reaction.

Rising rates

Investors worry that a strong recovery may create supply shortages and propel commodity prices higher. The ensuing inflation would force central banks to raise interest rates, hitting equity values.

I...

https://mfame.guru/economists-keep-an-eagle-eye-for-signs-of-moreflation/

[Watch] Road To Economic Recovery, Post Covid 19

  • The world will bounce back sharply from coronavirus, but rebuilding the economy and confidence will take time.
  • That’s the view of our guest Robin Bew, Managing Director of the Economist Intelligence Unit.

A recent news article published in the France 24 deals with the road to economic recovery post Covid 19.

A gist from the expert views

The world will bounce back sharply from coronavirus, but rebuilding the economy and confidence will take time.

That’s the view of our guest Robin Bew, Managing...

https://mfame.guru/watch-road-to-economic-recovery-post-covid-19/

Is inflation threatening economic recovery? — Freightonomics

The past few weeks has been wild for the freight markets with winter weather setting back transportation providers and limiting freight operations. As the markets go back into peak mode, Anthony Smith and Zach Strickland talked about how prices are responding to continued setbacks. 

Supply chains from retail to manufacturing are still waiting on inventory replenishment, and with another stimulus check hitting the bank accounts of Americans, retail spend is still expected to remain high. 

However,...

https://www.freightwaves.com/news/is-inflation-threatening-economic-recovery-freightonomics

Mauritius Incident Proves Global Shipping Need Changes: Richard Branson

In a major development, Virgin Group Founder and strong advocate for ocean sustainability, entrepreneur Sir Richard Branson, expressed his sorrow and solidarity for the unfolding environmental situation on the Indian Ocean Island of Mauritius following a major oil spill, reports Forbes.

Call for Global Shipping Changes

Speaking from his home on Necker Island in the Caribbean earlier today, he called for important changes to be made to global shipping in the wake of the breakup of Japanese vessel...

https://mfame.guru/mauritius-incident-proves-global-shipping-need-changes-richard-branson/

Commentary: COVID-19 impacting US manufacturers differently

The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates.

A consensus is emerging that a unique feature of the COVID-19 pandemic on freight markets is that it has created tremendous imbalances on carriers’ lanes. 

J.B. Hunt, for example, noted challenges with balancing intermodal containers and C.H. Robinson’s CEO pointed out difficulties balancing truckload capacity. Changes in consumer buying behavior have been one...

https://s29755.pcdn.co/news/commentary-covid-19-impacting-us-manufacturers-differently

United Airlines: Least worst is best

Two white United jets pointed nose-to-nose at each other. United Airlines is being cautious about adding aircraft to its schedule while the economy is still depressed.

When it comes to airline economics, being the least worst of the bunch is a plus. 

United Airlines (NASDAQ: UAL) executives on Wednesday took pride that the company’s record-setting second-quarter net loss was only $1.6 billion. They said the airline is outperforming big domestic competitors during the COVID crisis by better managing capacity and that stanching financial losses now is a harbinger for strong results when the economy improves. 

Last week, Delta Air Lines (NYSE: DAL) reported a $5.7...

https://www.freightwaves.com/news/united-airlines-least-worst-is-best

Tradeshift: ‘Green shoots’ of economic recovery emerging

coronavirus

Global trade fell 14.8% in the second quarter of 2020, according to Tradeshift, but evidence of an upward curve in June suggests the impact of the COVID-19 pandemic could bottom out at the lower end of the 13% to 32% decline predicted by the World Trade Organization.

Tradeshift’s Global Index of Trade Health, released Wednesday, used analysis of business-to-business transaction data to present a week-by-week picture of trade activity across global supply chains. Tradeshift said more than 1.5...

https://s29755.pcdn.co/news/tradeshift-green-shoots-of-economic-recovery-emerging

Wall Street Continues To Rally for 3 Days on COVID19 Lifesaving Drug Hope

According to a Reuters report, the S&P 500 closed lower on Wednesday as news of spiking pandemic data and the prospect of a new round of economic lockdowns dampened investor optimism over signs of economic recovery.

  • The S&P 500 and the Dow reversed earlier gains to snap a three-day winning streak. Tech shares led the Nasdaq to a modest gain.
  • Worries over a resurgence in the pandemic’s spread persisted, as new coronavirus cases hit a record in Oklahoma just days before President Donald Trump’s...

https://mfame.guru/wall-street-continues-to-rally-for-3-days-on-covid19-lifesaving-drug-hope/

Scheduled third-quarter sailings sinking

THE Alliance and 2M have canceled 75 sailings scheduled for the third quarter.

In a joint announcement, THE Alliance — Hapag-Lloyd, HMM, Ocean Network Express and Yang Ming — said Wednesday that it will continue to have blanked sailings through September at least. It said while the Asia-North Europe trade has been extraordinarily impacted by the COVID-19 pandemic, adjusted schedules in all trades will continue in order to match market demand.

Among THE Alliance services affecting U.S. ports,...

https://s29755.pcdn.co/news/blanked

+ More