For the latest business news today, the Global Trade Daily offers the latest trade news, headlines and commentaries from one convenient source.
US to Impose Charges on Chinese-Built Ocean Carriers
The United States is set to introduce hefty charges on ocean container lines and carriers calling U.S. ports, specifically targeting… Read More
Descartes Buys Utah-Based Customs Info for $41.5 Million
Salt Lake City, UT – The Ontario, Canada-based Descartes Systems Group, a Canadian supply chain information technology (IT) company, has… Read More
Damco Opens New Warehouse in Vietnam
Madison, NJ – Third-party logistics provider Damco and Vietnamese warehouse owner HTM (Construction and Mechanic HTM, JSC) have opened a… Read More
US Trade Deficit Surges to Two-Year High
Washington, DC – The volume of US imports surged and exports declined in April, pushing the US trade deficit to… Read More
US-Based Univar Forms Saudi Joint Venture
Redmond, WA – Chemical distributor Univar Inc. has created a joint venture with E.A. Juffali & Brothers, a major player… Read More
Reports Call for End to US Petroleum Export Ban
Washington, DC – US consumers could see their energy bills shrink and more than one million jobs would be created… Read More
US SecCom on Major Philippine Trade Mission
Washington, DC – US Secretary of Commerce Penny Pritzker is leading a major business delegation to the Philippines this week…. Read More
Delta Offers New Seattle-Seoul Service
Atlanta, GA – Delta Air Lines is now offering a new non-stop service from Seattle to Seoul, Korea. The Seattle-Seoul… Read More
Motorola To Shutter Texas Assembly Facility
Schaumburg, IL – After less than a year of operations, Motorola’s smartphone manufacturing plant in Fort Worth, Texas has been… Read More
CaroTrans Strengthens China – US LCL Network
Clark, NJ – NVOCC CaroTrans has expanded its China-US LCL (less than container load) service network with a new partner… Read More
US Satellite Export Controls Aligned, Relaxed
Washington, DC – Revisions to the federal Export Control Reform Initiative have been implemented that relax government controls over the… Read More
IBM Opens New Linux Cloud Center in China
Endicott, NY – IBM has opened the world’s first dedicated System z Linux and Cloud Center of Competency in Beijing, designed… Read More
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