Dec 21 2020 at 12:36 PM | Maritime News | Liner Shipping
The reefer business has been called “pandemic proof” as demand has continued to grow throughout the Covid-19 crisis. But there are a number of underlying “catalysts” driving the reefer market that grant it some immunity from economic vicissitudes as Greg Tuthill, CCO of SeaCube, explains in an interview.
Nov 25 2020 at 09:14 AM | International Trade | Commodity
Descartes-Datamyne recently published a series of trade reports under the moniker “Big Book” that delve into the impacts in 2020 of the COVID-19 pandemic on U.S. imports. The various reports provide a unique analysis tool for measuring the effect that the pandemic has had on U.S. trade.
Editor’s Note: William (Bill) P. Doyle was appointed by Maryland Governor Larry Hogan as the Executive Director of the Maryland Port Administration (MPA) on July 22, 2020. As executive director, Doyle oversees and manages the Helen Delich Bentley Port of Baltimore’s six state-owned, public marine terminals.
The demand for imported autos – and really all vehicles – had all but dried up in the middle months of 2020. But a rubber band effect was in play – slowly the supply chain emptied and the demand increased and a spring back has begun with the fourth quarter. The question is will it last?
Oct 21 2020 at 08:00 AM | Maritime News | Liner Shipping
The Economic Commission for Latin America and Caribbean (ECLAC) in their July report “The effects of coronavirus disease (COVID-19) pandemic on international trade and logistics” outlined the myriad impacts that the pandemic induced recession has had on Latin America’s supply chain.
The gloom. It’s palatable, and it’s understandable. Many Latin American economies were beset with economic problems – some of their own making, many the result of a confluence of global economic conditions – and now the Covid-19 pandemic has replaced what might have been a period of qualified economic growth with the question of whether the 2020s will turn into another lost decade for the region. And the issue of sovereign debt looks to potentially slow recovery.