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Freight Rates Seen as a 'Smoking Gun' on Inflation

By Ana Monteiro (Bloomberg) — The pandemic-era surge in shipping costs was a “smoking gun” that foretold the global inflation spike, and the sharp drop in maritime-freight expenses since peaking last. ....

Monteiro Bloomberg , Jonathand Ostry , International Monetary Fund , Georgetown University , Pacific Department , Tana Monteiro , Drewry Shipping ,

US Goods-Trade Deficit Narrows to Smallest in Nearly Two Years

By Ana Monteiro (Bloomberg) — The US merchandise-trade deficit narrowed in November to the smallest since December 2020 due to a plunge in imports. The shortfall decreased 15.6% the most. ....

United States , Monteiro Bloomberg , Chris Middleton , Commerce Department , Federal Reserve , Tana Monteiro , West Coast ,

US Dockworker Union Deal Will Take Months Says Seroka

By Ana Monteiro (Bloomberg) A labor deal between 22,000 dockworkers at US West Coast ports and their employers may take several months to reach, but service disruptions while negotiations continue are. ....

New York , United States , Port Of Long Beach , Los Angeles , Monteiro Bloomberg , John Mccown , Pacific Maritime Association , International Longshore , Warehouse Union , Tana Monteiro , Director Gene Seroka , Blue Alpha , Gulf Coast ,

U.S. Containership Logjam Shifts to East Coast Ports

By Ana Monteiro (Bloomberg) — Ocean carriers looking to avoid logjams at the U.S.’s busiest container gateways on the West Coast are now facing even longer queues out east. As of. ....

South Carolina , United States , Long Beach , San Pedro Bay , Laura Curtis , Los Angeles , Monteiro Bloomberg , Tana Monteiro , West Coast , East Coast ,

U.S. Trade Gap And Imports Hit New Records

By Ana Monteiro (Bloomberg) The U.S. merchandise-trade deficit unexpectedly widened in December to a fresh record as imports continued to rise, outpacing shipments overseas. The gap increased to $101 billion. ....

Monteiro Bloomberg , Rubeela Farooqi , Commerce Department , Tana Monteiro , High Frequency Economics ,