Commodities, Business & Shipping (and Tariffs)

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No one expected LEGO to refute Trump’s latest tariff threats: “Not what keeps me awake at night”​

Earlier this year, US President Donald Trump threatened to impose steep tariffs if Denmark did not allow the US to acquire ownership of Greenland, an autonomous territory in the Arctic Circle that is part of the Kingdom of Denmark. Furthermore, the US president stated a few days ago that he intended to impose a blanket 25 percent tariff on all products manufactured in the European Union. These economic and retaliatory measures could lower the prices of some US-made products, potentially impacting companies like Lego.

More:

https://www.msn.com/en-us/money/com...S&cvid=e6f9a22b274a45c89ef0c945abc222e9&ei=12
 

Stocks tumble on Thursday, pushing the S&P 500 into a 10% correction: Live updates​

Stocks fell on Thursday, with equities unable to shake a three-week market rout under the weight of new tariff threats from President Donald Trump.

The S&P 500 dropped about 1.4%, bringing its losses from its record close in February to 10%. If the benchmark closes at these levels, it will be an official market correction, according to Wall Street. The Dow Jones Industrial Average fell 590 points, or 1.4%, its fourth day of declines putting it below the 41,000 level. The Nasdaq Composite shed 1.9% with shares like Tesla and Apple lower.

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BlackRock Becomes a Power Player in Global Shipping—With Help From Trump​

World leaders rolled their eyes when President Trump kicked off his second term by threatening to take back the Panama Canal. Yet within weeks a massive sale put the waterway’s biggest ports and dozens of others in American hands—reshaping the global shipping business.

BlackRock, the world’s largest asset manager, last week said it was leading a consortium that would pay $22.8 billion to buy more than 40 ports around the world, including crucial berths on either end of the Panama Canal, from Hong Kong-based CK Hutchison, controlled by one of Asia’s richest men.

More:

https://www.msn.com/en-ie/money/mar...-help-from-trump/ar-AA1AEDth?ocid=socialshare
 
www.drewry.co.uk

World Container Index - 13 March

13 March 2025: Drewry’s World Container Index decreased 7% to $2,368 per 40ft container this week.
www.drewry.co.uk www.drewry.co.uk

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

Baltic Dry increased 272 points or 27.28% 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 April of 2025.
tradingeconomics.com tradingeconomics.com
 

Stock futures bounce after S&P 500 closes in correction territory: Live updates​

Stock futures rose Friday following a losing session that dragged the S&P 500 into correction territory.

Futures tied to the S&P 500 added 0.8%, while Nasdaq-100 futures advanced 1%. Dow Jones Industrial Average futures gained 213 points, or 0.5%.

Sentiment on Wall Street got a boost Friday as it appeared a government shutdown would be avoided. Senate minority leader Chuck Schumer, D-N.Y., said he wouldn’t block a Republican government funding bill.

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Wall Street Breakfast Podcast: BC Unplugs Tesla From Charger Rebates​

Summary​

  • British Columbia excludes Tesla chargers and batteries from rebates, favoring Canadian goods.
  • Ulta Beauty's Q4 results beat expectations, but conservative FY25 guidance disappoints, leading to mixed investor reactions.
  • Li Auto's Q4 EPS beats estimates, but revenue misses by $60M; Q1 outlook shows a decrease in revenue expectations.
More:

seekingalpha.com

Wall Street Breakfast Podcast: BC Pulls Tesla From Rebates

British Columbia stops rebates on Tesla chargers, battery installations. Ulta Beauty's Q4 results offset conservative guidance. Li Auto earnings: Q4 beats EPS estimates, misses on revenue.
seekingalpha.com seekingalpha.com
 

Dow bounces 600 points as comeback rally from the week’s steep losses gains steam: Live updates​

Stocks rallied Friday, clawing back some of the steep losses seen this week, as investors got a reprieve from tariff-related headlines.

The Dow Jones Industrial Average traded 651 points higher, or 1.6%. The S&P 500 climbed 2%, and the Nasdaq Composite advanced 2.5%.

Big tech shares that were rattled earlier this week saw a sharp recovery on Friday. Nvidia shares popped more than 4%. Tesla and Meta Platforms gained more than 1% along with Netflix, Amazon and Apple.

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gcaptain.com

Baltic Index Logs Fourth Straight Weekly Gain

The Baltic Exchange's dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, hit a 17-week peak on Friday and posted a fourth straight weekly gain, as rates firmed for all segments.
gcaptain.com gcaptain.com

gcaptain.com

Steel Buyers Enter Tariff Era as Ships Rerouted, Trucks Halted

An ocean freighter from India pulled into the bustling Port of Tampa Bay Tuesday loaded with hundreds of tons of aluminum destined for multiple US stops. Abruptly, the entire shipment was ordered to be unloaded then and there.
gcaptain.com gcaptain.com
 
reason.com

Trump makes Canada free again

Canada’s retaliation against Trump’s tariffs is wiping American alcohol off store shelves—and fueling an unexpected push to deregulate its own restrictive liquor laws.
reason.com reason.com
 

Florida's orange groves may soon be no more​

Mar 14, 2025
Population growth, hurricanes and a vicious citrus greening disease have left the Florida orange industry reeling. Consumers are drinking less orange juice, citrus growers are folding up their operations in the state and the major juice company Tropicana is struggling to stay afloat. With huge numbers of people moving into Florida’s orange growing areas, developers are increasingly building homes on what were once orange groves.


2:08
 

Stock futures fall after Dow posts worst week since 2023: Live updates​

Stock futures fell early Monday as the struggles that plagued Wall Street last week continued.

Dow Jones Industrial Average futures slid 184 points, or 0.4%. S&P 500 futures and Nasdaq 100 futures dipped 0.4% each.

Wall Street is coming off another brutal week for equities. The Nasdaq Composite sank deeper into correction territory last week, while the small-cap Russell 2000 neared a bear market, or 20% off from its high. The S&P 500 briefly dipped into a correction as well, before snapping back above that level. The Dow had its biggest one-week drop since 2023, losing 4.4%.

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Wall Street Breakfast Podcast: Buffett Raises Stakes In Japanese Trading Houses​

Summary​

  • Warren Buffett's Berkshire Hathaway increased its stakes in five major Japanese trading houses, including Mitsui & Co and Mitsubishi Corp.
  • Forever 21 filed for Chapter 11 bankruptcy for the second time in six years, citing weak sales and competition from online retailers.
  • Joby Aviation partnered with Virgin Atlantic to launch an air taxi service in the UK, expanding on its existing agreement with Delta Air Lines.
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www.ubs.com

Portfolio diversification from precious commodities

With risk aversion rising and the US imposing commodity-specific tariffs, some investors might be concerned about commodities exposure. We would instead urge investors to consider the fundamental supports for commodities as a whole, and the individual components. The asset class has the capacity...
www.ubs.com www.ubs.com
 
www.freightwaves.com

US Postal Service invites DOGE to fix structural problems

Postmaster General Louis DeJoy is welcoming assistance from Elon Musk’s DOGE team to help address perceived mismanagement by partner agencies and the Postal Service Commission.
www.freightwaves.com www.freightwaves.com

www.freightwaves.com

SnapFulfil survey: Warehouse automation growing beyond early-adopter phase

According to a SnapFulfil survey, 56% of respondents expect their warehouse automation levels to increase somewhat over the next two years, while 23% foresee a significant increase.
www.freightwaves.com www.freightwaves.com
 
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