US China Trade

LNG Exports To China Might Drop Due To Weather Conditions

Natural disasters along the Texas Gulf Coast in the US that have disrupted many sectors may mean lagging liquefied natural gas (LNG) purchases by China under the phase one trade deal, Chinese experts have warned, citing the deep freeze’s ripple effect on the natural gas supply/demand chain and commodity prices, says an article published in Global Times.

Biden’s disaster declaration approval for storm disaster

In the aftermath of a winter storm that claimed the lives of at least two dozen people...

https://mfame.guru/lng-exports-to-china-might-drop-due-to-weather-conditions/

How trade policies affect retailers — Point of Sale

Point of Sale header

Every piece of the retail supply chain ultimately has to bow to trade policies and tariffs enacted by overseeing governments. On this episode of Point of Sale, host Andrew Cox explores the ins and outs of U.S. policy with retail analyst, Forbes contributor and former American Apparel & Footwear Association President Rick Helfenbein. 

The Trump administration put several policies into place that severely impacted the retail industry. One of the earliest was the Chinese 301 tariffs, which were...

https://www.freightwaves.com/news/how-trade-policies-affect-retailers-point-of-sale

Port of LA’s Seroka calls for US focus on exports

Port of Los Angeles Executive Director Gene Seroka called for a national export program to narrow the trade gap between the United States and China during an appearance on CNBC’s “Squawk Box Asia” this week.

“We are now at five imports to every export and that’s the widest trade gap we’ve witnessed at the Port of Los Angeles in some time,” Seroka told hosts Rosanna Lockwood and Sri Jegarajah on Thursday.

He said that import-export imbalance puts pressure on the port’s service providers and does...

https://s29755.pcdn.co/news/port-of-las-seroka-calls-for-us-focus-on-exports

Talking TEUs and tequila

Container lines and shippers commiserated over the coronavirus pandemic’s effect on their businesses during an Agriculture Transportation Coalition (AgTC) virtual conference Wednesday.

“COVID-19 obviously has had a significant effect on the global economy, on the U.S. operations and here in Asia. It’s like we’ve almost doubled down  on the complexity of the U.S.-China trade dispute we all faced together in 2019,” said Ocean Network Express (ONE) CEO Jeremy Nixon.

“After Chinese New Year here we...

https://s29755.pcdn.co/news/talking-teus-and-tequila

Shippers Face A ‘Bumpy Ride’ As Container Shipping Shows Slow Growth

According to Drewry’s outlook, the container industry remains ‘soft’, despite the good news of the phase one trade agreement signed between US and China today, January 16, reports Safety4Sea.

According to its predictions, the world container port throughput is set to rise by 3.3% this year, following an estimated 2.3% increase in 2019.

Container Shipping Decline

For the time being, Drewry explains that the current estimations see a decline of 0.7 points on the previous outlook given at the end...

http://mfame.guru/shippers-face-a-bumpy-ride-as-container-shipping-shows-slow-growth/

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