Global supply chains have been and continue to be deeply impacted by the changes that have taken place in the last 12 months. From the Suez canal debacle to the current shortage of HGV drivers in the UK, it is fair to say that the industry is, currently, facing significant challenges.
Our editor, Deepesh Patel sat down with Zencargo’s Sales Director, Sam Greenhalgh to discuss what changes need to take place to make the shipping industry more attractive to young professionals.
Your morning coffee briefing from TFG. Exports of intermediate goods sustain gains in Q1 of 2021 after rebound from pandemic, job slow down could lead the Federal Reserve to continue with stimulus, inflation could spark new financial crisis, China says US tensions threaten fight against climate change and UK labour crisis could last up to two years, CBI warns.
The impact of the March 2021 incident of the container ship M.V. Ever Given with around 18,300 containers onboard running aground in the Suez Canal has generated international attention and its consequences will continue to unravel for years to come.
Your morning coffee briefing from TFG. COVID-19 vaccine transporter Reftrade secures major export win, lockdown-easing helps SMEs recover despite rising insolvencies, emerging economies cannot afford ‘taper tantrum’ repeat, says IMF’s Gopinath, business confidence in UK at four-year high but staff shortages a concern and UK launches £450m fund for energy network innovation.
COVID-19 puts international trade to a halt following the closure of the Ningbo-Zhoushan port in China and causing a global microchip shortage. There are other unanticipated issues to account for, such as the Suez Canal blockage.
World trade of goods has declined some 12% in the last year, representing a loss of $22 trillion USD of trade. Is it all doom and gloom for trade, or will we see a resurgence?
Your morning coffee briefing from TFG. Goods Barometer hits record high, confirming strength of trade recovery, UKEF backs first ever £430 million green transition loan, new World Economic Forum survey shows a mix of polarisation about the benefits of globalisation, global economic data disappointments add to rising growth angst, United States gives USD 600,000 to boost negotiating capacities in developing countries, Contour announces partnership with GSBN to drive digitisation in the global shipping industry and the UK rejects industry plea for visas for EU truck drivers.
MSMEs are the backbone of the economy, however, they have faced a stream of obstacles on their road to obtaining crucial financing, particularly in emerging and developed markets, such as India and Southeast Asia.
Your morning coffee briefing from TFG. Japan’s economy starts to show signs of growth after being slow to bounce back from the Covid-19 pandemic, shipping bottlenecks set to prolong supply chain turmoil, economies in Latin America and the Caribbean are urged to boost resilience in the face of commodity price hikes, HSBC is the first bank to join Walmart’s inclusive financing initiative and the UK signs historic partnership with CABEI.
TFG’s Joana Fabiao sat down with Victoria Cleland, the Executive Director for Banking, Payments and Innovation at the Bank of England for City Week 2021,
Global supply chains have been hit by a surge in Covid cases in southern Vietnam, aluminium prices are at a 10 year high as global demand surges
Trade between Moscow and the EU increases by 2% year-on-year, CDC provides USD 50 million trade finance facility to bring liquidity to trade finance in Africa, FMC creates a program to review detention and demurrage practices, UKEF backs major offshore wind farms and ARRC formally recommends Term SOFR.
TFG, today announced a media partnership with the International Trade and Forfaiting Association (ITFA), for the 47th Annual International Trade and Forfaiting Conference.
Brexit, which is one of the most discussed topics this year, other than the pandemic, has had yet another unexpected impact. With the increase in border control and the free movement of people being restricted, one sector was deeply impacted: the logistics sector.