Panjiva Daily: Room for more COVID-19 medical tariff cuts; Mexican gas deflation risk April 1, 2020 The U.S. has more room to cut tariffs to reduce costs for the medical supply industry as COVID-19 rages – Medline and Cardinal Health could be beneficiaries. Demand for natural gas imports in Mexico could be at risk if coronavirus rules are tightened. Also: Lenzing cuts costs as COVID-19 disru... Read more →
Lenzing cuts costs as COVID-19 disrupts textile fiber flows March 31, 2020 Textile fiber producer Lenzing has suspended its earnings guidance as the impact of the COVID-19 outbreak “cannot yet be reliably estimated” while the firm has started cost cutting to offset the “negative impact on its textile sales volume”. Lenzing is deep within the apparel supply chain and ... Read more →
Finding a new normal for volumes and fuel – S&P Global Platts Container Update, March 2020 March 31, 2020 Container shipping rates for Asia to North America routes have stabilized and actually improved somewhat in the past month with North Asia to west coast North America rates having risen by 8.8% to $2,775 / FEU during March. That’s in part as a result of widespread cancellations of sailings by ... Read more →
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