Analyst insight: Despite its profitability, the U.S. and global automotive industries are struggling with labor costs and sales declines as they aim to meet consumer demand for new technologies. In recent years, automotive manufacturers in the U.S. and worldwide have made massive adjustments in response to tariffs, skilled labor shortages and foreign competition. How is
The theme of “back to normal” season patterns for United States-bound consumer goods may be ready to take hold in early 2020, following an even 2019 that was riddled with atypical trends and volumes related to the U.S.-China trade war and related tension. That was the word from the most recent edition of the Port
As U.S.-China trade talks undergo more advances and setbacks than a ping-pong match, South Carolina businessman John Ling is increasingly pessimistic that any meaningful trade deal will be reached under President Donald Trump. “I’m becoming very doubtful there will be any deal that would solve the current problem,” said Ling, a consultant for Chinese companies
A final tariff push set to take effect in December is pegged to result in another month of increased import activity for United States-based retail container ports, according to the most recent edition of the Port Tracker Report, which was issued late last week by the National Retail Federation (NRF) and maritime consultancy Hackett Associates.
While reports this week point to the possibility of progress being made on the phase one trade deal between the United States and China in the ongoing tariff-centric trade war, that does not diminish the impact and increased costs that this situation has wrought to date. That sentiment was made clear in data issued this