The deteriorating situation in the Red Sea poses risks to the global economy as supply chains are disrupted and prices are pushed higher. Geopolitical tensions have now spread into the Eastern Mediterranean and the Indian Ocean, underscoring the fragmentation of global trade relationships and ... READ MORE >
shipping costs
Shipping costs from China plunge, helping ease inflation
Moderating inflation across the global and domestic economies has been driven by declining costs of goods, which through December fell by 4.8% on a three-month average annualized basis. While there are risks around further disruptions to global supply chains linked to the surge in ... READ MORE >
Managing a supply chain: The short and long game for consumer goods companies
Persistent bottlenecks throughout the global supply chain continue to stand in the way of middle market consumer goods companies’ ability to take full advantage of robust consumer demand. And while the challenges these companies face are not unique to the middle market, midsize businesses will need to ... READ MORE >
CHART OF THE DAY: Shipping costs reach 11-year high
The rise of the delta variant in Asia combined with surging demand around the world have sent shipping costs higher, which will show up in higher costs of imported goods as supply chain problems persist. The Baltic Dry Index, a metric of shipping costs, has reached an 11-year high as the resurgence of ... READ MORE >