CHICAGO, May 18 (Reuters) - Some U.S. importers who shifted cargo away from West Coast ports to rival gateways over fears that labor contract talks could disrupt shipments have begun bringing some of that volume back, even as those negotiations stretch into their 13th...
Reuters Tracks Hanjin, Cites Datamyne Stats on Bankrupt Carrier
Hanjin Shipping’s drift into receivership is roiling global trade as its ships are refused entry at ports – or seized – and freight rates surge. Reuters has tracked the developing story with updates through the last weeks of August – including an August 29 report on...
Japan Food Alert
Governments issue orders to test or suspend imports As Japan reports radioactive contamination of plant and animal foodstocks in the prefectures nearest the still-to-be-contained nuclear reactors at Fukushima Daiichi, countries around the world are moving to block...
Talking Trade with Colombia
Gauging the odds on an FTA, counting lost-opportunity costs In February, the Obama administration pledged to “intensify” talks with Colombia on the free trade agreement initially negotiated by the US in 2006. Now Senator Max Baucus (D-Montana), who is leading a trade...
Low Expectations
U.S. consumers are pessimistic; confidence is back in Asia, Brazil The Conference Board Consumer Confidence Index (released Feb. 23, based on a survey of 5,000 U.S. households through Feb. 17) now stands at 46.0 (1985=100), down from a relatively optimistic 56.5 in...