Articles

  • Jan 22, 2025 | freightwaves.com | Michael J Rudolph |Michael Jackson Worked

    Following his inauguration on Monday, President Donald Trump set his sights on a dramatic restructuring of global trade, with an aim to impose significant tariffs on key trading partners — Canada, Mexico and the European Union among them. These actions mark a continuation of his campaigning on an “America First” agenda, aiming to reduce trade deficits and boost domestic manufacturing.

  • Jan 10, 2025 | freightwaves.com | Michael J Rudolph |Michael has worked

    Facebook Twitter/X LinkedInThe U.S. labor market was more fiery than analysts expected in December 2024, adding 256,000 nonfarm jobs and slightly reducing the unemployment rate to 4.1%, per the Bureau of Labor Statistics. The robust employment growth — coupled with stable job openings and minimal layoffs — is a double-edged sword, however.

  • Jan 6, 2025 | freightwaves.com | Michael J Rudolph

    In its final days, the Biden administration is poised to impose a new round of sanctions on Russian oil exports, marking a significant escalation in efforts to curtail Moscow’s energy revenues. These sanctions — targeting tankers, traders and insurance companies involved in the transport of Russian crude oil — are set to accelerate the reshaping of global oil supply chains, with possible headwinds for the shipping industry.

  • Nov 15, 2024 | freightwaves.com | Michael J Rudolph |Michael has worked

    Facebook Twitter/X LinkedInWith a second administration under Donald Trump now a guarantee, much talk has been devoted to tariffs and the economic harm they threaten to inflict on the U.S.But in “A User’s Guide to Restructuring the Global Trading System,” Stephan Miran makes a compelling case that — contrary to popular belief — tariffs can achieve a multitude of aims without causing inflation or market volatility. The downside?

  • Nov 8, 2024 | freightwaves.com | Michael J Rudolph |Michael Jackson Worked

    Facebook Twitter/X LinkedInDomestic freight demand is not only strong, it is growing stronger. Yet this statement, supported by data from SONAR, U.S. trade agencies and numerous industry observers, rings false to many carriers operating in the market today.

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