COSCO Shipping launches new WSA8 route linking China & Mexico via Manzanillo port. Enhances efficiency with direct services, faster transit, and expanded Latin America trade capacity.
"Double Clearance to Door" simplifies international shipping with end-to-end logistics, including export/import customs and door-to-door delivery. It reduces risks and costs for traders.
Mexico emerges as a cross-border e-commerce hub amid tariff wars, driven by nearshoring, young demographics, and USMCA. Localized fulfillment mitigates logistics and security risks.
Fed’s Beige Book: U.S. prices rise in all districts due to tariffs. Input costs (insurance/utilities) up, firms pass costs to consumers. Consumer spending flat/declining, hiring cautious. NRF predicts 17.5% import drop in late 2025.
Chinese firm CCCC nears completion on Iraq's largest port, Al-Faw. Phase 1 (45M ton capacity) to reshape regional trade & support Iraq's economic diversification under Belt and Road.
Telex Release enables electronic cargo release via B/L info transmission. Faster & cheaper than physical B/L but has security/legal risks. Requires trust between parties.
SCFI index rebounds 2.1% after 11-week decline. US West Coast rates surge 17%, while Europe falls 11.2%. Carriers push September rate hikes amid tariff impacts.
