Trade development is key to job creation, poverty reduction, and economic prosperity but its efficacy is being questioned amid global labor-market upheavals and protectionist trends. Check what the latest World Bank report informs about the impact of trade on jobs, wages, and productivity across a range of economies.

This is an excellent initiatove feom The Bank on the value of Trade Facilitation.

We have no doubt of the power of trade facilitation to create growth & prosperity. I have seen it happen.

It is time to release this power for the greater good of our world. We certainly need it.

You can read the report here: World Bank Reports

Maersk joins coalition to pilot heavy-duty battery-electric vehicle charging between Los Angeles and El Paso, Texas. In a step toward advancing electric-powered, heavy-duty fleet transport, the shipper-carrier coalition will test long-haul charging operations along the Interstate 10 (I-10) corridor.

“To electrify trucking on a meaningful scale, all stakeholders need to invest in expanding the electric grid for charging capabilities,” said Charles van der Steene, Regional President for Maersk North America. “With our ambition to reach net zero by 2040, we’re committed to being part of collaborative efforts like these, which help move us toward our goal and allow us to offer customers a pathway toward a decarbonized alternative for trucking.”

Read the Smart Freight Centre press release: https://lnkd.in/dHmfHX-y

UK has signed a historic Enhanced Trade Partnership with Thailand.

This is a crucial milestone towards exploring a potential future Free Trade Agreement and building on an already strong trading relationship worth £5.9bn a year.

More: https://lnkd.in/eyX5mwkm