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US China trade war leaves Europe as collateral damage
Frankfurt, Germany — Like a sleek Mercedes crunched between two freight trucks, Europe’s economy is being knocked off course by the conflict between the U.S. and China over trade. The bill for damages from the U.S-China collision will likely be…
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ONE opens dedicated container depot in Rotterdam
Rotterdam, The Netherlands — Ocean Network Express (ONE) and the Kramer Group have recently strengthened their partnership by opening a dedicated ONE Line container depot in the port of Rotterdam. The newly opened depot is strategically located at Rotterdam Maasvlakte…
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Budget watchdog says no deal Brexit will spur UK recession
London, UK — The U.K. will plunge into recession if it leaves the European Union without a divorce deal, with the pound plunging in value and the economy shrinking by 2% in a year, Britain’s official economic watchdog said Thursday.…
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Nova Scotia wants to replicate Chinese trade success with Europe
Halifax, NS — Nova Scotia has turned its trade focus to growing its European exports through a new strategy that builds on successful efforts to boost trade with China. Premier Stephen McNeil said Thursday that although the Nova Scotia-Europe Engagement…
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Canada joins new German France ‘alliance’ that doesn’t include U.S.
OTTAWA — Canada has formally joined a German-French coalition aimed at saving the international world order from destruction by various world dictators and autocrats — and U.S. President Donald Trump. The initiative is part of ongoing government efforts to shore…
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EU agrees terms for limited trade talks with US
Brussels, Belgium — The European Union approved Monday its terms for negotiating a new trade deal with the United States, but set up a possible show-down with Washington by refusing to include agricultural products in the talks. Making public the…
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China’s spreading influence in Eastern Europe worries West
Belgrade, Serbia — Coal-powered plants, mobile networks, major bridges, roads and railways: Chinese investments have been booming throughout Central and Eastern Europe’s cash-strapped developing countries, even as European Union officials scramble to counter Beijing’s mounting economic and political influence on…
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Trick or treat? EU, UK agree to delay Brexit until Halloween
Brussels, Belgium — As if Brexit hadn’t spooked Britain and the European Union enough over the past three years, the two sides agreed early Thursday to extend the deadline to Halloween. The new, Oct. 31 cutoff date averts a precipitous…
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From jets to cheese: Trump wants to impose new tariffs on EU
London, UK — The United States wants to tax $11.2 billion worth of EU goods — from airplanes to Gouda cheese — in what some experts say marks another attempt by the Trump administration to use tariffs to reshape global…
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CEVA commences regular trucking service between China and Europe
Baar, Switzerland — CEVA Logistics has further extended its highway to the west road service between China and Europe following on from its first ever TIR truck to Poland at the end of last year. This week, the company marked…
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European shippers call for repeal of liner shipper regulation
Brussels, Belgium — The European Shippers’ Council (ESC) stated that the Consortia Block Exemption Regulation (BER) that is currently under the revision of the European Commission has not contributed to better services in maritime transport for shippers as it aimed…
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UK firms step up preparations for a ‘no deal’ Brexit
London — U.K. companies have ratcheted up their preparations for a disorderly “no-deal” Brexit as best they can over the past couple of months, the Bank of England said Thursday. With the prospect of a chaotic Brexit potentially eight days…