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Category: International

China’s Belt and Road Initiative is one of the most ambitious undertakings in modern history, and of all its myriad projects, the construction of new rail lines to connect China with Europe are among the most visible. Like much of the Belt and Road, the impact of China-Europe rail is fiercely debated, with some observers […]
In 2013, when China announced the Belt and Road Initiative, a massive program of international infrastructure projects, Western critics reacted with suspicion as to China’s motives and skepticism that Beijing could realize its dreams of connecting its mainland to far-flung corners of Africa and Asia. Recently, several countries targeted for development have begun to express […]
Navigating conflict in any relationship–whether it’s between people, companies, or nations–is largely a matter of weighing your desire to win the current battle against your desire to protect the relationship as a whole. Resorting to bullying might help you come out on top of a single dispute, but it will make it that much harder […]
Flying in the face of the Trump Administration’s isolationist trade policies, US imports are soaring, buoyed by strong consumer spending. Global Port Tracker projects that this summer, containerized imports will surpass last year’s records, topping 1.83 million TEU each month. That’s great news for retailers, but the brisk rate of trade threatens to run headlong […]
On April 26, the CEO of Maersk Shipping, Sǿren Skou, delivered a stinging indictment of government shipping subsidies, which he criticized as anticompetitive, and which threaten to stifle the carrier industry’s burgeoning recovery. Speaking at a Singapore shipping conference, Skou accused the subsidies of encouraging companies to build ships which are “not needed, for companies […]
In the weeks since the US and China released their dueling lists of tariffs, the world has gotten a glimpse of just how delicate and complex our supply chains have become. The US had already imposed steep tariffs on imported steel and aluminum, then specifically targeted China with heavy machinery, medicine, and 1,300 other items. […]
It’s a volatile time for US-China relations, and the effects of the brewing trade war are being felt around the world. Seemingly every week, a new volley of tariffs is announced by the Chinese government or the Trump administration, creating uncertainty for freight forwarders, Wall Street traders, and heartland farmers alike. Despite the fact that […]
In recent months, shippers and freight forwarders have noticed a precipitous drop in the reliability of transatlantic carrier schedules. According to JOC, in 2017, reliability on westbound transatlantic routes fell 10.5 percent to 67.4 percent, while eastbound routes fell 10.6 percent, to land at 70.2 percent reliability. The first few months of 2018 have been […]
The Trump Administration has made it clear that its “America First” philosophy is incompatible with many of the free trade agreements which have been the cornerstones of American trade policy for decades. In the year since taking power, the Trump White House has walked away from trade deals that had been years in the making, […]