The freight forwarders have had a tough start to 4Q with a drop in U.S. seaborne imports and increasing competition from challengers including Amazon and Flexport. The phase 1 U.S.-China deal may cut tariffs, but won’t remove supply chain uncertainties.
Also: the hardest Brexit has been averted but trade deals with the EU, U.S. and CPTPP are urgently needed; Lululemon aims to squeeze growth from current segments, import mix changes; Maersk’s Vietnam expansion could provide new service to New Balance; Europe set to get tough as WTO weakens; and one USMCA vote is done,...