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Washington Post (October 16)

2019/ 10/ 16 by jd in Global News

A no-deal Brexit has “been compared to “downshifting a car at full speed from fifth gear to first.” The U.K. could lose “continuity of trade relations with many of the 71 nations that have forged preferential trade agreements with the EU.” To date, the U.K. has secured continuity agreements with only about a dozen of these countries and it remains to be seen whether sufficient customs infrastructure will be in place. “Large U.K. businesses like engine-maker Rolls Royce Holdings Plc and brewer Heineken NV have outlined plans to hoard supplies in case a tumultuous Brexit chokes just-in-time supply chains and creates backlogs at ports.”

 

New York Times (September 25)

2018/ 09/ 26 by jd in Global News

Companies are discovering that “quitting China is hard to do” as they look to shift operations to avoid Trump tariffs. “Few places can match China’s convenience and reliability.” Not only is China a near comprehensive source of “the ingredients that go into today’s consumer goods,” it also boasts “a dependable source of workers who know how to hold down factory jobs,” along with “reliable roads and rail lines connecting suppliers to assembly plants to ports.”

 

Bloomberg (March 3)

2017/ 03/ 05 by jd in Global News

There is a “big problem with China’s bridge and tunnel addiction.” It looks unsustainable. “China spent more than $10.8 trillion on infrastructure from 2006 to 2015…. Outlays for roads, airports, ports, railways, and the like rose 17.4 percent last year, far outpacing the country’s 6.7 percent expansion in gross domestic product.” To maintain the pace, Beijing is promoting public-private partnerships (PPP), but these look “unstable.”

 

Los Angeles Times (December 29)

2015/ 12/ 30 by jd in Global News

“In an effort to move more cargo on less fuel, ocean freight carriers are in a race to build megaships with much larger capacities than the typical ships calling at U.S. ports. The average container ship being built now is nearly three times the size of the average a decade ago.”

 

Washington Post (May 27)

2015/ 05/ 28 by jd in Global News

“China is attempting to steal a march on its neighbors by rapidly constructing airstrips, ports and other infrastructure on reclaimed land in one of the most sensitive maritime areas in Asia—one with multiple overlapping sovereignty claims. While it probably cannot be stopped, the project should be fully exposed—and China’s attempts to restrict air and sea traffic near its installations decisively rejected.”

 

Bloomberg (February 5)

2015/ 02/ 06 by jd in Global News

Slowdowns at West Coast ports have already disrupted the operations of Honda, Subaru, Toyota and McDonalds. Now it looks like the “union-led work slowdowns could shut the U.S. West Coast’s 29 ports in five to 10 days” unless a new contract deal is accepted. Excepting Toyota, all of the mentioned companies have resorted to the expensive airlifting of some cargo.

 

[archive]