Prices for iron ore and steel have both held fairly steady for the last couple of weeks, both having recovered from an April dip. This situation stands in contrast to the longer-term trend.
The trade conflict with China has hit the United States hardwood sector hard and the coronavirus pandemic has made matters that much worse.
Aluminum prices have cratered since late February, falling by over 50% during that interval. Suppressed demand thanks to COVID-19 closedowns are certainly one reason.
Cratering crude reveals cost and environmental complications of several strategies.
With supply-chain risk mounting, industry and technology developments point to more near-shoring and on-shoring production possibilities.
California citrus growers were hoping that the Phase One trade deal between the United States and China would boost their export prospects. That appears not to be the case.
The United Kingdom finally got divorced from the European Union on January 31, leaving the UK free to start formal trade negotiations with the United States—or so President Donald Trump believes. Trump has been champing at the bit to get a US-UK trade deal over and done with.
The end is in sight for the Airbus-Boeing cases, but the US is now going to war with France over a new tax.
Logistics providers are better positioned to test and integrate emerging technologies
Supply chain digitalization to this point is but a prelude to what may be expected over the next few years, if DHL’s strategy is any indication.
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