For the latest business news today, the Global Trade Daily offers the latest trade news, headlines and commentaries from one convenient source.
Port of Lake Charles Surges into Top 10 US Ports for Cargo Handling
The Port of Lake Charles has catapulted into the ranks of the nation’s top 10 busiest ports, according to the… Read More
UPS Report: Traditional Industrial Distributors Face Mounting Risk
Asset-light e-marketplaces and other nontraditional shopping channels, combined with shifting demographics, are upending industrial distributors’ inventory-heavy model more rapidly than… Read More
Study: US Manufacturing, Logistics Grew Dramatically Over Last Generation
Contrary to public perception, US manufacturing and logistics industries experienced dramatic growth over the past generation, says a new report… Read More
Mexico Fines Ocean Carriers for Monopolistic Practices
The Board of Commissioners of the Mexican Federal Economic Competition Commission (COFECE) determined that seven shipping companies are responsible for… Read More
US and Indonesia Agree to Step Up Work to Expand Trade
Officials from the United States and Indonesia met earlier this week under their Trade and Investment Framework Agreement (TIFA), agreeing… Read More
PortMiami Welcomes Largest Containership To Call Florida
MAERSK SHANGHAI, a 10,081 TEU container ship, the largest to ever call a Florida deepwater port was at PortMiami this… Read More
Lineage Logistics Acquires European Automated Warehouse Leader
Lineage Logistics, one of the world’s largest temperature-controlled warehousing and logistics companies, announced yesterday it has acquired Partner Logistics, Europe’s… Read More
WATCH: US Participation in International Trade Agreements
Trade agreements and regulations have often been a source of controversy in the United States, but seldom been as hotly… Read More
Industry Group Urges Trump to Continue Cuba Engagement
Amid reports that President Donald Trump will announce rollbacks as early as tomorrow to the Obama administration’s efforts to normalize… Read More
Fed Raises Rates Despite Data
As expected, the Federal Reserve opted to raise interest rates 25 basis points yesterday, from 1.00 percent to 1.25 percent…. Read More
UPS Opens New Healthcare Facility In Colombia
UPS has announced the opening of its new healthcare-dedicated facility in Colombia. The 76,000-square-foot center represents UPS’s latest investment in… Read More
China’s Economic Reforms Have Hit a Wall
By almost any measure, China’s economic performance over the past four decades is as impressive as the Great Wall is… Read More
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