Tag: Economy

Increase in U.S. producer prices in february

The acceleration of producer prices in February suggests that inflation could remain high in the spring During the month of February, producer prices in the United States experienced a sharper increase than anticipated, raising concerns about a potential acceleration of inflation in the country. The Bureau of Labor Statistics of the Department of Labor released […]

Transportation price surge, supply chain and future expectations

During February the transportation capacity growth rate was higher, indicating a recovery in the industry. The latest supply chain report showed that transportation prices increased from low levels for the second time during February. However, the transportation capacity growth rate was higher, indicating that a significant recovery in the freight transportation cycle has not yet […]

Local oil market: countries adapt strategies in the face of Red Sea conflicts

Militant attacks in the Red Sea and rising freight costs are pushing the global oil market towards becoming more localized. Militant attacks in the Red Sea and rising freight costs are pushing the global oil market towards becoming more localized, favoring sourcing supplies from nearby locations to avoid high fees. The disruption of oil traffic […]

Disruptions in freight transport following Suez Canal problems

This scenario affects the efficiency and speed of shipping worldwide. The Suez Canal, a crucial maritime route connecting the Mediterranean Sea to the Red Sea, has been facing significant challenges since mid-November due to attacks by Houthi rebels from Yemen, backed by Iran. This has led to increased maritime transportation costs, with major container companies […]

Chancay Mega-Port: transforming trade dynamics in Peru and China

The mega-port aims to strategically position Peru between South America and Asia. The new Chinese mega-port in Chancay, Peru, promises to strengthen trade ties between South America and China. Valued at $3.5 billion and predominantly controlled by the Chinese state-owned company Cosco Shipping, this deep-water port will be China’s first in South America. It is […]