The Economist writes: “Capitalism has suffered a series of mighty blows to its reputation over the past decade. The sense of a system rigged to benefit the owners of capital at the expense of workers is profound. In 2016 a survey found that more than half of young Americans no longer support capitalism. This loss of faith is dangerous, but is also warranted. Today’s capitalism does have a real problem, ...

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DHG GF: “Topic of the Month: Impact of Trade Tariffs”

Monthly update: “How customers react? Forward extra cost to customers or accept lower profit at least for the short term”.

More: Re-source import supplies from alternative country and re-route exports(e.g. Chinese honey industry exporting into US via 3rd country) ; re-locate production to other countries; stop business due to cost & margin pressure.

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CoLoadX writes: “Oil prices have cratered in the last two months, with benchmarks Brent Crude and WTI set for their sixth straight week of price decreases. While oil prices tend to fluctuate, in this case, there’s more to it than meets the eye.”

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In response to the expected low demand during the upcoming Christmas and New Year period, we would like to inform you of the withdrawal of the following Trans-Atlantic sailings:
Gateway Express 2 (GEX2) service
Westbound: No sailing from Southampton on December 25, 2018 in Week 52
​       • Eastbound: No sailing from Montreal on January 4, 2019 in Week 1
For any questions or enquiries, please contact our local customer service ...

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After Bogotá in August, Panalpina has obtained another Good Distribution Practice (GDP) certification, this time for its new logistics center in Singapore, where many of the world’s top pharmaceutical companies have manufacturing facilities. The GDP quality assurance standard includes stringent requirements for the handling, storage and distribution of pharmaceuticals. The number of Panalpina locations globally with GDP certification now stands at 32.

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“UPS (NYSE:UPS) today announced the addition of 14 new countries served by UPS Worldwide Express, part of UPS’s international suite of shipping services that guarantees time- and day-definite delivery for urgent shippers. The sweeping expansion of global services also includes later pick-up times, improved time-in-transit and Saturday delivery in seven countries in ISMEA, all part of the company’s desire to better connect businesses to its smart global logistics network, while ...

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Seeking Alpha: “Amazon has more than 10,000 employees working on its Alexa virtual assistant and the Echo devices it powers, double the staff in that division a little more than a year ago.”

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Zero Hedge: “Five months after the IMF sounded the alarm over junk bonds, it has now moved on to the credit market bogeyman du jour and overnight joined others such as the Fed, BIS, Oaktree, JPMorgan, and Guggenheim in “sounding the alarm on leveraged loans.“
 

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MarketWatch: “Rampant expectations for a global oil supply glut sent the U.S. benchmark to its lowest finish of the year.”

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The Asia to the US east coast component of the Shanghai Containerised Freight Index (SCFI) has continued to gain traction.
This week it added 3.5% to reach $3,739 per 40ft, on strong demand fundamentals.
Spiked by the rush to beat 25% tariffs to be levied on a range of consumer imports to the US from China on 1 January, carriers are running full ships and therefore able to secure premium rates for ...

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