It’s been a week of turmoil — and tentative relief — across global trade. Hurricane Melissa wreaked havoc in the Caribbean but spared Jamaica’s vital Kingston terminal, while in Asia, the aftermath of the Dhaka Cargo Village fire continues to choke Bangladesh’s garment exports. Meanwhile, hopes for stability in the Red Sea have faded as Israel resumes airstrikes on Gaza.
Anchor and news reporter Charlotte Goldstone brings you the highlights of these stories to keep you up to date on the news ahead of the new week.
And there is a glimmer of good news: Washington and Beijing have agreed to suspend their port call fees for a year, easing trade tensions and cutting “fentanyl tariffs” by 10 percent. Gavin Van Marle joins to unpack the tolls already imposed on US port volumes and whether rate increases could continue after weeks of GRI-based recovery.
Alex Lennon discusses the latest in air cargo, from the Christmas peak to the new US plan to ban belly cargo from Mexico City. He then talks to Mrs. Goldstone about UPS’s various revenues.
All that, plus a look at the important week when the U.S. Supreme Court hears tariffs and Loadstar The team heads to the airport’s Forum Road in Abu Dhabi.
Click here to receive an email notification every time we publish a podcast.
About the Author
