global trade
2021 Global Trade Hit Record $28.5 Trillion. What Will 2022 Bring?
UNCTAD data indicates that $28.5 trillion amounts to a 25 percent increase over 2020 and 13 percent more than…
Drone On: Flexport Eyes Autonomous Air Freight
Investing in autonomous aircraft adds to the digital freight forwarder's push to build a smarter ecosystem…
Asia-Pacific Partnership Creates New Global Trade ‘Center of Gravity’
The RCEP will become the largest trade agreement in the world as measured by the GDP of its members and…
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UNCTAD: 2022 Global Trade Forecast ‘Very Uncertain’
The backlogs across major supply chain hubs during most of 2021 could continue into 2022 and negatively…
Canal Istanbul to Make Turkey a ‘Playmaker in Global Maritime Trade’
The Turkey Logistics Master Plan revealed the need for an alternative waterway in the region due to increased…
WTO: Merchandise Trade Posted Strong Gains in First Quarter
The volume of merchandise trade rose strongly in Asia, but reverted to pre-pandemic levels in Europe and…
IHS Forecasts Global Trade Surge After Steep 2020 Fall
IHS Markit forecasts real value of global trade to surge a year-over-year 7.6 percent this year and 5.2…
Is a Blue Wave Win in the Cards?: The Week Ahead
A new UBS report examines the probability of winning on either side of the aisle.
Alba Wheels Up Exec on LA Trade and Trans-Pacific Challenges
Alba Wheels Up's Vincent Iacopella says Covid sparked new trans-Pacific logistics issues on top of fashion's…
Air Cargo Suffers Rapid Descent in March as Capacity Crunch Tightens
"At present, we don't have enough capacity to meet the remaining demand for air cargo," IATA's director…
UNCTAD Issues 10-Point Plan to Bolster Global Transport, Trade During COVID-19
As countries adopt radical measures to bring the coronavirus pandemic under control, trade and transport…
Global Fashion Trade Groups Seek Government Aid to ‘Keep Supply Chains Solvent’
As the apparel and footwear industry struggles to stay afloat in markets across the globe, trade groups are…
Localization Trend Stands to Rewrite the Rules of Global Trade in 2020
In 2020, localization will gain greater focus than globalization, leaving much unanswered about what's to…
DHL Global Trade Barometer Shows US-China Rift Taking a Toll
The DHL trade index outlook fell eight points to a new index value of 48, driven by significant losses for…
Global Trade Takes Sharp Turn Down With Biggest Drop Since 2009
Global trade has taken a sharp turn down, and the world economy could be in its worst state since the…