China’s exports to the US shrank for the first time in more than two years while shipments to Russia surged, adding to evidence that slowing economies and the war in Ukraine are shifting global trade flows along geopolitical fault lines.
Posts published by “Brendan Murray”
Most experts brave enough to predict that global supply chains would repair themselves in 2021 would’ve been humbled by how badly such forecasts panned out.
The cost to ship a boxload of goods to the U.S. from China edged close to $10,000 as the world’s biggest economy keeps vacuuming up imports amid slower recoveries from the pandemic from Europe to Asia.
Container shortages remain, but there’s a new challenge — gridlock at the world’s biggest ports.
Los Angeles Port Progress Reverses as More Ships Join the Queue
Oakland Tops L.A. Area as Waves of Ships Inundate World's Ports