Panjiva Research

Dell’s Dynamic, Lenovo Reboots as Laptop Tariff Threat Powers Down

December 19, 2018

U.S. laptop computer sales may be in for a fourth year of contraction after imports in the three months to Nov. 30 fell 0.1% on a year earlier. That came despite a surge in shipments in September and October, potentially as importers anticipated the implementation of tariffs on Chinese exports... Read more →

Japan’s Export Slowdown Due To Industrial Supply Chain Activity, Not Tariffs

December 19, 2018

Japan’s trade growth slowed to 6.2% year over year in November from 9.3% on average in the prior three months. That was mostly accounted for by an increase of just 0.1% in exports. While such a slowdown hasn’t been unusual in Asia – China, India and South Korea have all seen ... Read more →

TNT’s Failings Blow Up Fedex’s Profitability

December 19, 2018

Fedex Corp reported fiscal 2Q revenues (to November) that grew 9.3% on a year earlier, which was slower than the prior three quarters’ 10.6% average. A weaker performance from the firm’s European business (formerly TNT) was blamed, with a cost cutting plan launched in response. The... Read more →

Uber Can’t Get Over Tariffs, Calls For E-Bike Exemption

December 19, 2018

Uber Technologies has joined over 1,350 companies in requesting an exemption from tariffs on Chinese exports. That relates to 25% duties applied in August to electric bikes that form part of its local mobility program. The firm faces a long way – only 18.2% of requests have been assessed... Read more →

Maersk and MSC Dominate U.S. Shipping as CMA-CGM Loses Power

December 18, 2018

Container-lines operating U.S.-inbound services saw a slowdown in growth in November, with total volumes rising just 3.8% on a year earlier from 7.9% in the prior three months on average. That reflects a mixture of lower shipment growth from China due to tariffs as well as a downturn in shippi... Read more →

Hunters Win From Tariff Exemptions, 80% of Requests Still Outstanding

December 18, 2018

The process for requesting exemptions from the U.S. tariffs applied to Chinese exports in July and August closes on Dec. 20. As of Dec. 14 11,769 requests were made by 1,352 companies across 909 product categories. So far only 5.6% of requests have reached the penultimate stage for approval wh... Read more →

Panjiva Daily: China’s reforms at 40, K+N could use a hand from Hapag-Lloyd and Baby Alive wins Xmas

December 18, 2018

After 40 years of reform and opening, China’s trade growth is slowing and policy risks loom as competition with the U.S. grows. K+N saw the worst slowdown in activity among the U.S. freight forwarders in November. Toy import growth looks likely to have had a third lackluster year. Also: ... Read more →

Liners Still Doing Fine As Signs of Tariff Rush Slowdown Meet Oil’s Collapse

December 18, 2018

Container-line operators have seen a decline in average rates for shipping out of China for a fourth straight week. On average rates are now 1.4% below their recent peaks after a 4.3% drop in rates for China-U.S. west coast services and a 5.9% decline for China-U.S. east coast. That likely ref... Read more →

AMLO’s Oil Ambition Starts Production Versus Exports Earnings Race

December 18, 2018

Mexican President Andres Manuel Lopez Obrador has announced plans to raise the country’s oil production by 45% from current levels by 2025. That’s consistent with earlier plans to also invest in oil refining by Pemex to boost the country’s energy independence. The demands of ... Read more →

China’s Reforms at 40 – Trade Growth Miracle Fades, Trade Policy Challenges Emerge

December 18, 2018

The 40th anniversary of China’s “reform and opening up” era comes as the country faces slowing trade growth and widening trade policy challenges. China’s global trade has expanded by 16.1% annually between Jan. 1, 1981 and Oct. 31, 2018. That’s slowed to a 7.7% growth in the past 10 years. The... Read more →