Economic slowdown

How to get and stay ahead in the freight recession using the weather

ITS ConGlobal, North America’s largest integrated intermodal services provider, has been a leader in the logistics industry for over 50 years. But it’s not just their decades-long customer relationships or industry-leading technology capabilities that allow them to stand out. 

They have a key (and often overlooked) competitive advantage—weather intelligence. 

With outdoor depot job sites across the world, high winds are among the biggest risks to ITS ConGlobal’s container stacks, which can be...

https://www.freightwaves.com/news/how-to-get-and-stay-ahead-in-the-freight-recession-using-the-weather

For shippers, flexible operators key during slowdown and preparing for growth

Signs of a supply chain slowdown are appearing, and many shippers are scrambling to pivot operations that they were finally starting to normalize after two years of pandemic challenges.

Buddy Sexton, chief commercial officer at OptiX, an international logistics solutions provider with offices in Houston, Texas and Savannah, Georgia, likened the supply chain coming out of the pandemic to a clogged water line.

“The dramatic halt to global trade at the start of COVID-19 backed up an enormous volume...

https://www.freightwaves.com/news/for-shippers-flexible-operators-key-during-slowdown-and-preparing-for-growth

Oil Prices Could Stabilise As Supply Risks Reemerge

A recent news article published in the Bunker Post states that Oil could slow as supply risks return to fore.

Recent oil price decline

A recent oil price decline could slow in the last quarter of the year and into 2023 as focus shifts from concerns over a recessionary hit to demand to tightening global supply, a Reuters poll showed.

A survey of 42 economists and analysts forecast benchmark Brent crude would average $100.45 a barrel this year, and $93.70 in 2023, down from estimates of $103.93 and...

https://mfame.guru/oil-prices-could-stabilise-as-supply-risks-reemerge/

Britain’s Economic Crisis Rings An Alarm For the World

  • Britain’s economic crisis is a warning to the world.
  • It is also a sign of a failed fiscal orthodoxy.
  • Leaving EU membership has little to do with it.

Falling exchange rate and rising bond yields are the typical characteristics of a financial crisis in an emerging market. Those who never forgave the UK for its decision to leave the EU like to remind us of this fact right now. But an emerging market crisis doesn’t even begin to capture what is going on. It is a macro financial crisis story, EU...

https://mfame.guru/britains-economic-crisis-rings-an-alarm-for-the-world/

COVID-19 Vaccines Key for Economic Resurgence

  • Vaccines against the novel coronavirus disease (COVID-19) are emerging as an antidote for under-development.
  • Over 90 per cent of the world’s countries have reported an economic slowdown due to the pandemic.
  • But access to COVID-19 vaccines and their deployment seem to be a critical precondition for fast economic recovery currently.
  • In the global post-pandemic development discourse, access to vaccines has gained a status similar to that of financial capital after any recession or big economic...

https://mfame.guru/covid-19-vaccines-key-for-economic-resurgence/

COVID-19 Commodity Chain Disruption and The Global Bullwhip Effect

  • New pathogens generated unintentionally by agribusiness are not themselves natural-material use-values.
  • They are toxic residues of the capitalist production system.
  • It can be traced to agribusiness commodity chains as part of a globalized food regime.
  • The ripple effects of combined ecological and epidemiological disasters are felt.
  • They have been introduced by today’s global commodity chains and agribusiness.
  • This has given rise to the COVID-19 and disrupted the entire system of global...

https://mfame.guru/covid-19-commodity-chain-disruption-and-the-global-bullwhip-effect/

IMO Regulations: How Well the Distillate Margins Can Do Under Pressure?

  • Distillate consumption expected to rise substantially from the start of next year as a result of new marine pollution rules introduced by IMO.
  • The forecast increase in consumption of middle distillates has led to widespread predictions of shortages and price increases.
  • Slower manufacturing and trade growth is expected to create more room for the distillate market to absorb the impact of IMO fuel rules without a spike in prices.
  • The anticipated economic slowdown has had a bigger impact on...

http://mfame.guru/imo-regulations-how-well-the-distillate-margins-can-do-under-pressure/

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