Tim Jay

5 days ago | globaltrademag.com | Tim Jay

The monumental $500 billion German investment is not just a figure, but also a gateway to significant economic growth for the U.S. and Northwest Illinois. In this exclusive interview, Gary Camarano, Economic Development Director for Whiteside County, Illinois, engages with Dr. Andreas Eckstein, Managing Director of Invest in Niedersachsen (Lower Saxony), and Aryan Zandieh, CEO of NRW Global Business (North America).

6 days ago | globaltrademag.com | Tim Jay

Spot ocean freight rates from China to the Arabian Gulf are spiking amid heightened tensions in the Middle East, with carriers bracing for potential disruptions to regional trade routes. Read also: Container Shipping at Risk as Middle East Tensions Rise After Israeli Strikes on IranAccording to Xeneta, average spot rates from Shanghai to Jebel Ali—the Gulf’s busiest port—have jumped 55% month over month, reaching $2,761 per forty-foot equivalent unit (FEU).

1 week ago | globaltrademag.com | Tim Jay

Freight Summit featured keynote by IDOT’s Gia Biagi and updates from MoDOT’s Ed Hassinger, both focused on historic investments and shared priorities supported by a culture of collaborationThe headline event of FreightWeekSTL 2025, brought together transportation leaders and industry stakeholders to spotlight the transformative infrastructure investments underway in Illinois and Missouri and to underscore the St. Louis region’s growing role in national freight movement.

2 weeks ago | globaltrademag.com | Tim Jay

After months of escalating trade tensions, the United States and China have outlined a tentative framework agreement to ease their ongoing economic dispute. The progress comes after two days of talks in London, marking a potential turning point in a standoff that has rattled global supply chains. Read also: How Geopolitics is Shaping Global Trade in 2025While not yet finalized, the deal addresses several flashpoints that have disrupted bilateral trade.

2 weeks ago | globaltrademag.com | Tim Jay

DALLAS, TX — June 10, 2025 – Global Trade Magazine, a leading voice in international trade and logistics, is proud to announce that nominations are now officially open for its 13th Annual Top 3PL (Third-Party Logistics) Awards. Now in its 13th year, the annual awards program honors excellence, innovation, and resilience in the 3PL sector — recognizing providers that go above and beyond to power global supply chains.