Commodities, Business & Shipping (and Tariffs)

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Copper Prices Rebound + Big Tariff Rumors: January 2025 Scrap Market Report!​

This Week's Scrap Metal Market Highlights
Join us as we kick off 2025 with the latest insights on scrap metal prices and trends! From a copper rebound to potential tariffs on key metals, we’ve got all the updates scrappers need to stay ahead this year. Here's what we’re covering:
Read more below the vid on youtube.

19:31

Read more: https://iscrapapp.com/blog/weekly-scr...
 

S&P 500 ekes out narrow gain as investors shake off Fed’s inflation warning: Live updates​

The S&P 500 posted a modest gain on Wednesday as traders assessed the potential for future Federal Reserve rate cuts amid persistent inflationary pressures.

The broad market index added 0.16%, closing at 5,918.25, while the Nasdaq Composite slipped 0.06% to 19,478.88. The Dow Jones Industrial Average outperformed, rising 106.84 points, or 0.25%, to end at 42,635.20. The three major averages are on pace for a second straight weekly loss.

More:

 

ILA, USMX reach contract agreement on automation, avoiding port strike

The International Longshoremen’s Association (ILA) and the United States Maritime Alliance (USMX) have reached a tentative agreement on a new six-year master contract. The agreement will replace the expiring contract
www.freightwaves.com

CPB looks to close security gaps on rail exports to Canada, Mexico

U.S. Customs and Border Protection is proposing a rule requiring railroads to provide more timely information to the agency for all export cargo to crack down on high-risk illegal shipments.
www.freightwaves.com

UPS broadens network with double health care acquisition

UPS makes acquisitions to bolster the health care segment of its business.
www.freightwaves.com
 
CLS Weekly Market Report 1 (Registration is free)

Fearnleys Week 2

World Container Index - 06 Mar

06 Mar 2025: Drewry’s World Container Index decreased 3% to $2,541 per 40ft container this week.
www.drewry.co.uk

Baltic Exchange Dry Index - Price - Chart - Historical Data - News

Baltic Dry increased 231 points or 23.17% since the beginning of 2025, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Baltic Exchange Dry Index - values, historical data, forecasts and news - updated on March of 2025.
tradingeconomics.com
 
Nothing to see. Can listen in one tab, play around the forum in a different tab.

Shaping the Future of Small Farms - Brian Reisinger​

Jan 10, 2025

Kerry Lutz and Brian Reisinger discussed the challenges small family farms face, particularly due to government regulations and increasing compliance costs, which are exacerbated by tight profit margins, especially for Amish farms. They highlighted the rising consumer demand for organic and healthy food as a potential opportunity for farmers to pivot towards more profitable crops, while emphasizing the need for a stronger local food movement and regional economies to facilitate this transition. Reisinger pointed out that the traditional food system is struggling to provide affordable food due to rising prices and supply chain vulnerabilities, worsened by the concentration of food production.

He noted that technology could either support small farmers or marginalize them further, advocating for scale-neutral technology that benefits farms of all sizes. Reisinger concluded with optimism about the potential for nearly 2 million small family farms to succeed if provided with appropriate entrepreneurial opportunities.

15:31
 

It Is Always Salty In Philadelphia | Salt Carrier MV Algoma Verity Runs Aground | Jan 8, 2025​

Jan 10, 2025 #supplychain #algomaverity #philadelphia

No Salt For Philly!

In this episode, Sal Mercogliano—a maritime historian at Campbell University (@campbelledu) and former merchant mariner — discusses the grounding of the Bahamas-flagged bulker MV Algoma Verity with 45,000 tons of salt on board.

12:35


- Bulk Carrier Carrying 45,000 Tons of Salt Runs Aground in Delaware River https://gcaptain.com/bulk-carrier-car...
- Algoma Central Corporation https://www.algonet.com/

Fairless Hill Port

Fairless Hills USFAH Details: Departures, Expected Arrivals and Fairless Hills (United States) Calls | Shipnext

Real-time updates about vessels in the Fairless Hills (United States) USFAH: Expected arrivals, port calls & wind forecast for Fairless Hills by Shipnext.
shipnext.com
 

Dow tumbles 700 points after strong jobs report dampens Fed rate-cutting outlook: Live updates​

Stocks plunged on Friday after a hot jobs report dampened Wall Street’s expectations for more interest rate cuts from the Federal Reserve this year.

The Dow Jones Industrial Average traded 703 points lower, or 1.7%. The S&P 500 shed about 1.5%, while the Nasdaq Composite lost 1.6%. Friday’s losses pushed the major benchmarks into the red for 2025.

More:

 

Markets Now Closing Markets 1-10-25 - Where Do Corn and Soybean Prices Go After USDA's Production Cut​

Jan 10, 2025

11:41
 

Wall Street gears up for key economic data and the kickoff of earnings season: Live updates​

Stock futures were little changed on Sunday as investors look toward a data-heavy week, which includes the December report on U.S. inflation and big bank earnings.

Futures tied to the Dow Jones Industrial Average gained 60 points, or 0.1%. S&P 500 futures edged higher by 0.01%, while Nasdaq 100 futures added 0.04%.

More:

 

Grounded Bulker Safely Refloated in Delaware River

The grounded self-unloader Algoma Verity has been refloated and safely moved to a nearby berth, the U.S. Coast Guard reported Sunday. At about 1130 h...
maritime-executive.com
 

Stock futures slide as key tech stocks get hit, Nasdaq futures drop more than 1%: Live updates​

Stock futures slipped Monday as key tech shares that have led the bull market continued to be dumped by investors.

S&P 500 futures dropped 0.8% while Nasdaq 100 futures shed 1.2%. Futures tied to the Dow Jones Industrial Average lost 150 points, or 0.4%. All three benchmarks are down for the last two weeks with tech shares causing most of the damage.

More:

 

Wall Street Week Ahead​

The first full trading week of the year will be a busy one for Wall Street.

Inflation will be front-and-center, with the December 2024 producer and consumer price reports scheduled for Tuesday and Wednesday, respectively. The economic calendar will also see the Fed Beige Book on regional U.S. economic activity, and the retail sales update for December 2024.

More:

 

Wall Street Breakfast Podcast: Canada Ready To Counter Trump Tariffs​

Summary​

  • Canadian PM Trudeau warns of retaliation if Trump imposes tariffs on Canadian imports.
  • Europe’s largest pension fund, ABP, divests from Tesla over dissatisfaction with Elon Musk's $56 billion pay package and poor working conditions.
  • Biden administration delays order for Nippon Steel to drop its $14.9B takeover of U.S. Steel, despite opposition from Biden and Trump.
More:

 
The optimism over US banks is about to be put to the test

Investors ended 2024 brimming with optimism about US banks. What happens during the start of earnings season this week will put that optimism to a new test in 2025.

The stocks of the biggest US lenders rallied following the election of Donald Trump on hopes that a new Republican administration would loosen some rules and apply more leniency in approving the sort of corporate mergers that produce big profits for Wall Street giants.

More:

 

What the Ship (Ep115) | Updates | Russia Sanctions | China Blacklist | Red Sea | Trump Maritime​

Jan 13, 2025 #supplychain #russia #china

What the Ship (Ep 115) | Updates on Everton, Algoma Verity, Eagle S, Royal Fleet Auxiliary & ILA Port Strike | Sanctions Against Russia and Impact on Oil Trade | US Blacklists China Shipping Firms | Red Sea Shipping & the Houthis | Trump Maritime Policies: Panama & Greenland
You can read more and review a lot of links below the vid on youtube.

What the Ship (Ep115) | Updates | Russia Sanctions | China Blacklist |
 

Wall Street Breakfast Podcast: Pay To Stay: Starbucks Refreshes Store Rules​

Summary​

  • Starbucks (NASDAQ:SBUX) will enforce a new policy requiring purchases to linger in stores and use restrooms, effective January 27th.
  • Honeywell (NASDAQ:HON) plans to split into two independent companies, focusing on automation and aerospace, driven by Elliott Investment Management.
  • Comcast (NASDAQ:CMCSA) acquires a minority stake in the Philadelphia 76ers and partners to build a new arena in South Philadelphia.
Get it on:

 
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