Shipping giant Maersk is seeing tentative signs of a bounce back in global trade

KEY POINTS Consumers in the U.S. and Europe have been key drivers in the demand uptick, Vincent Clerc told CNBC’s Silvia Amaro, and those markets have continued to “surprise on the upside.” The upcoming pickup would be fueled by consumption, he said, rather than the “inventory correction” which has featured heavily in 2023. There are… Continue reading Shipping giant Maersk is seeing tentative signs of a bounce back in global trade

Benchmark diesel price up 4.8 cents a gallon, but out West it’s soaring

Benchmark diesel price up 4.8 cents a gallon, but out West it’s soaring When it comes to retail diesel prices in the past week, the real estate adage applies: location, location, location. The average national retail price for diesel, published by the Department of Energy/Energy Information Administration, rose just 4.8 cents a gallon in a… Continue reading Benchmark diesel price up 4.8 cents a gallon, but out West it’s soaring

The reconfiguration of global supply chains

Global shippers are now implementing a “China plus” strategy that includes more than 40 countries in Asia, the Middle East, and Latin America. Our analyst team takes a look at the contenders that are most relevant to logistics and supply chain managers in the United States. Logistics and supply chain managers were looking at 2022… Continue reading The reconfiguration of global supply chains