WASHINGTON—The U.S. trade gap narrowed in April, easing one of the biggest drags on economic growth during the opening months of the year. (This article requires a subscription with The Wall Street Journal. To access, please click on the above link.)
Maersk Line today signed an order for eleven 19,630 TEUs container ships, in a $1.8 billion deal aimed at consolidating its ranking as the world’s largest ocean carrier. (This article requires registration at the Journal of Commerce. To access, please click on the above link.)
Iraq is taking OPEC’s strategy to defend its share of the global oil market to a new level.
Americans stepped up their borrowing in March, as the WSJ’s Eric Morath reports, but the question remains whether the consumers who make figure so prominently in the global economy will start buying in big numbers after taking a break from stores in the first quarter. For planners of retail supply chains, a major part of […]
WASHINGTON—Prices of imported goods fell last month, suggesting weak global demand and a stronger dollar continue to hold back U.S. inflation. (This article requires a subscription with The Wall Street Journal. To access, please click on the above link.)
After more than 18 months of delays, the much heralded first phase of Brazil’s more that Reais 10 billion ($3.36 billion) port concession program received the go-ahead to proceed from the Tribunal de Contas da Uniao. (This article requires registration at the Journal of Commerce. To access, please click on the above link.)
When harbor drayage companies ask terminal operators in Los Angeles-Long beach these days why the average truck visit still takes 100 minutes, the truckers get an answer they really don’t like. (This article requires registration at the Journal of Commerce. To access, please click on the above link.)
Several hundred truck drivers at the ports of Los Angeles and Long Beach began a strike against four fleets, including two controlled by XPO Logistics, but there were no reports of interrupted cargo flow on the docks at the nation’s two largest ports.
Orders for business equipment unexpectedly fell in March for a seventh consecutive month, a sign business investment will remain sluggish. But demand for all durable goods — items meant to last at least three years — rose 4% on aircraft and autos.
On Monday, April 27, 2015, port truck drivers serving the nation’s largest port complex began a strike of four major drayage firms serving the twin ports of Los Angeles/Long Beach, where a crippling slowdown in early 2015 sent shock waves through the U.S. economy. Primary picket lines are now up company yards in the greater […]
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