IHS Markit asks if global supply chains are at risk of recession

August saw another intensification of the trade conflict between the United States and China. Then, in mid-September, the attack on Saudi Arabian oil production facilities resulted in an oil price spike. Both are bad news for the global supply chain managers coming at a time when the world’s economic growth is already slowing, says IHS Markit. Source: logistics Mgmt

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FedEx issues rate changes and fiscal first quarter earnings

For the holiday season, FedEx said that 2019 will mark the third consecutive year it will not apply residential surcharges, with a few exceptions, including shipments that are oversized unauthorized, or require additional handling. And on the earnings side, total revenue, at $17.058 billion, was flat, and operating income, at $977 million, dipped 9%. Source: logistics Mgmt

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Trump’s plan for Mexico tariffs does not sit well with U.S. business concerns

The topic of tariffs and the ongoing trade war has primarily involved the United States and China. But Mexico is now in the mix, too, albeit not formally yet, based on Tweets and a statement issued by President Trump yesterday. In short, Trump said that, effective June 10, the U.S. will impose a 5% tariff on all goods imported from Mexico. And he explained that this effort stems from the “ongoing illegal immigration crisis” at the Southern border. Source: logistics...

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