Seroka reports Port of LA August imports are up as holiday season kicks in
At a September 15th virtual press conference, Port of Los Angeles Executive Director Gene Seroka announced that imports rose in August and the Port sees…
August imports fuel cargo surge at Port of Los Angeles
The Port of Los Angeles processed 961,833 Twenty-Foot Equivalent Units (TEUs) in August, the first monthly cargo increase in a year. The 12% gain in…
Are batteries the trade war China’s already won?
The U.S. risks the long-term viability of its auto industry and more.
Bombardier’s take in Alstom Rail sale cut by up to $500 million
Bombardier Inc. said it reached a definitive deal to sell its rail unit to French train maker Alstom SA, but at a lower price than…
The St. Lawrence Seaway System: U.S. farmers’ key advantage for competing globally
American ports in the Great Lakes-St. Lawrence Seaway System traded with a total of 32 countries in August. Shipments of commodities including wind energy components…
Delta to borrow $9 billion in largest airline debt deal ever
Delta Air Lines Inc. is raising $9 billion in the largest debt deal ever in the aviation industry, as the carrier garners massive investor support…
Airlines in India seek $1.5 billion in interest-free credit line
Airlines in India are seeking at least $1.5 billion as an interest-free credit line from the government, Civil Aviation Minister Hardeep Singh Puri said, as…
China criticizes US sanctions on firm tied to Cambodia project
China on Wednesday criticized a U.S. government decision to level sanctions against a state-owned company responsible for the development of a project along the coast…
British Airways says 10,000 jobs may be lost due to pandemic
British Airways is expecting to cut as many as 10,000 jobs due to the Covid-19 pandemic even as the airline reached deals or agreements in…
Boeing deception alleged in scathing House report on Max crashes
Sweeping failures by Boeing Co. engineers, deception by the company and significant errors in government oversight led to the two fatal crashes of the 737…
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