China’s Rocky Economy Is a Major Warning for the U.S. (msn.com)

The trend toward deglobalization is happening in some places-but not others.  Decoupling from China is a trend and it is impacting China 

Felixstowe Port Accuses Union of Letting Down Dockworkers (gcaptain.com)

In the UK, inflation is on track for 18% next year according to Citibank. 

‘UK trade is changing,’ warns expert ahead of publication of government’s new Target Operating Model - The Institute of Export and International Trade

Watch for more news this fall on the changes and how businesses need to respond.

Plaid-NACHA-Whitepaper-R2__2_.pdf (ctfassets.net)

The use of ACH for web payments must include standards to detect fraud.  ACH fraud is currently $.08 for every $10,000 of transactions.  This is the lowest of all payments forms.  Read the suggested account validation methods here.

DCSA and the European Shippers' Council Agree to Collaborate to Drive Adoption of DCSA Standards - DCSA

DCSA and ESC are collaborating to develop containerized shipping standards to improve visibility of cargo. 

Billions in port grants rolled into Democrats’ inflation bill - FreightWaves

This legislation prevents port automation in the face of larger ships and rising container volumes.  

The Future of Automation at Terminals & Ports | iContainers

China and other large ports are automating 

Jamie Dimon warns ‘something worse’ than a recession could be coming (msn.com)

Interest rates and tensions with China are rising.  Oil prices are down but home heating season is on the horizon. How are you planning for 2022Q4 and 2023?  Expert perspectives vary. 

PeakDemandSurcharges_US.pdf (ups.com)

UPS is applying peak season surcharges effective August 14, with no end date specified. 

FedEx sets earlier start date for peak delivery surcharges - FreightWaves

Fedex will apply peak season surcharges starting on Labor Day