China, the world鈥檚 largest soybean buyer, has put purchases of American supplies on hold after the trade war between Washington and Beijing escalated, according to people familiar with the matter.
May 30, 2019Search
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500 Tornadoes in 30 Days Among Highest Reported From Past Seven Decades
The United States has been rocked by 500 tornadoes in the past 30 days with a trapped jet stream in the atmosphere 鈥渟tuck in neutral,鈥 according to the U.S. Storm Prediction Center.
May 30, 2019Goods-Trade Gap Widens Second Month to Highest This Year
The U.S. merchandise-trade deficit widened for a second month to the highest level since a record in December as exports dipped.
May 30, 2019FedEx Practice of Diverting Delivery of Huawei Parcels Called a Political Ploy
FedEx Corp.鈥檚 reported practice of rerouting Huawei parcels to the United States without the Chinese company鈥檚 authorization demonstrates that the U.S. government is leaving no stone unturned to disrupt normal business activities, analysts said May 28.
May 29, 2019Auto Industry鈥檚 Weakness Drags Down Global Economic Growth
A decline in global car sales likely reduced world gross domestic product by 0.2% last year, and a flat auto market will continue to dampen global manufacturing indicators in 2019, according to a report by Fitch Ratings on May 28.
May 29, 2019In Middle of Trade War, Port of Los Angeles Terminal Gets Ready for Robots
Pier 400 in Los Angeles is North America鈥檚 largest shipping terminal. More than 1,700 trucks pass through on average per day, even in the middle of the U.S.-China trade war.
May 22, 2019Supreme Court Rejects UPS Appeal That Postal Service Should Raise Delivery Rates
The U.S. Supreme Court turned away a UPS Inc. appeal that aimed to force the U.S. Postal Service to raise its prices for delivering packages.
May 20, 2019Amazon Proposes Airfreight Hub in Florida
LAKELAND, Fla. 鈥 Amazon is looking to make a more than $100 million investment in Lakeland.
May 17, 2019Maine Highway Agencies Aim to Ease Traffic Woes During I-95 Construction
Maine鈥檚 two highway agencies launched a rare coordinated public information campaign May 15 in an effort to ease the impact that two construction projects less than 9 miles apart on a busy stretch of Interstate 95 will have on traffic.
May 16, 2019Ports Off to a Strong 2019 Start, but Concern Looms Over Trump Tariffs
Many of the nation鈥檚 ports have reported record monthly and quarterly container volumes so far in 2019, but port executives are expressing concern that steeper tariffs on Chinese goods imposed by President Donald Trump could hurt the economy 鈥 and their facilities.
May 15, 2019