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Industry experts offer insight into the challenges impacting the import and export of cold food and beverages, discussing everything from tariffs and governmental regulations to price increases and third-party logistics.
Volume at major container ports bumped up significantly in November, as retailers imported merchandise ahead of new tariffs set to take effect this month, according to the Global Port Tracker report released by the National Retail Federation, Washington, D.C., and Hackett Associates, Alexandria, Va.
Shoppers are already paying more for various grocery items, including 6% more on pork, 5% more on yogurt and writing tools/supplies and 4% more on fruit.
A new report from Acosta, Jacksonville, Fla., reveals how tariffs influenced grocery item prices since late summer and shares the perspectives of consumers, manufacturers and retailers.
DHL Express, Plantation, Fla., and NYU Stern School of Business, New York, released the 2019 update of the DHL Global Connectedness Index (GCI), which highlights key developments in international flows of capital, trade, information and people.
Nearly three in four (74%) businesses surveyed said that expanding opportunities between the United States and customers in other countries will increase job growth in the United States.
Small business leaders increasingly view U.S. participation in global trade as the way to improve the overall economy and create American jobs, according to the fifth FedEx Trade Index.
CEOs have grown more pessimistic about current economic conditions, with only 8% saying conditions are better compared to six months ago, down from 13% last quarter.
The confidence level of chief executive officers remained unchanged at 43 in the second quarter of 2019, but declined to a reading of 34 in the third quarter (a reading of more than 50 points reflects more positive than negative responses), according to a study released by The Conference Board, New York.
The national survey examines Americans’ perceptions about the manufacturing industry, including sustainability and tariffs, as well as whether they plan to pursue a career in this sector.
While only one quarter of respondents think the current state of manufacturing is either growing or stable but strong, 95% of all respondents stated that manufacturing is important to the U.S. economy, as outlined in the “Manufacturing Perception Report,” presented by Thomas, New York.
Continued tensions in the U.S.-China relationship, an uneven playing field and simmering retaliatory actions by Chinese authorities against American companies are creating an increasingly uncertain commercial environment, according to a report published by The US-China Business Council (USCBC), Washington, D.C.
