The anti-globalization and anti-trade rhetoric of the U.S. presidential election has become a primary economic threat to emerging countries, according to Bloomberg's Mohamed A. El-Erian .
United States GDP grew slightly more than initially expected in the first quarter of 2016, and durable goods orders ticked up in April, according to the most recent data from the Department of Commerce.
Meanwhile, the struggling South Korean ocean carrier said in a statement Sunday it expects to reach an agreement with ship owners regarding charter rate renegotiations “soon.”
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The Trans-Pacific Partnership would have a positive impact on U.S. retailers and consumers, according to a new report from the National Retail Association.
The price of an average container fell 15 percent during the first quarter of 2016, according to a recent report from London-based shipping consultant Drewry Maritime.
FedEx Corp. completed its $4.9 billion acquisition of TNT Express and will start integrating the European company into its network immediately.