For the latest business news today, the Global Trade Daily offers the latest trade news, headlines and commentaries from one convenient source.
U.S. Port Import Surge Fueled by Strike Concerns and Potential Tariff Increases
U.S. container imports are projected to rise through the end of the year as retailers prepare for a possible East… 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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