IMF lowers global growth forecast to 3.1% amid supply chain risks
The IMF has cut its global growth forecast to 3.1 percent as conflict-driven disruption in the...
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Shipping
EU targets China’s Belt and Road routes in trade crackdown
The EU is tightening enforcement on Chinese fiberglass imports rerouted through Belt and Road countries, raising...
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Iran war disrupts global trade as shipping routes stall and costs surge
The war involving Iran is beginning to ripple through global trade networks, disrupting shipping routes, raising...
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FedEx shifts strategy to high margin B2B and premium e-commerce growth
FedEx is repositioning its business around higher margin freight and specialized shipping as it seeks to...
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Hapag Lloyd to acquire ZIM for 4.2 billion dollars in global shipping consolidation
Germany’s Hapag Lloyd said it will acquire Israel’s ZIM Integrated Shipping Services for 4.2 billion dollars...
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