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Gibbs Statement from Hearing on Supply Chain Impacts of Shipping Container Shortages, Delays & Increased Demand
Opening remarks, as prepared, of Subcommittee on Coast Guard and Maritime Transportation Ranking Member Bob Gibbs (R-OH) from today’s hearing entitled, “Impacts of Shipping Container…
Google’s smartphone with Asia’s richest man hits supply snag
Billionaire Mukesh Ambani’s plan to conquer the Indian market with a locally assembled Google-powered smartphone is facing headwinds, with supply-chain disruptions and rising component prices…
‘Time is running out’ in Brexit row over N. Ireland, Frost says
Talks aimed at resolving the dispute over post-Brexit trade in Northern Ireland are failing to make progress and running out of time, British minister David…
U.S. talking to China on Boeing Max approval, Raimondo says
The Biden administration is engaging with China in an effort to win approval for Boeing Co.’s 737 Max planes, which remain banned in the country…
U.S.-EU deal leaves doubts aircraft case will ever be resolved
The truce between the U.S. and the European Union over aircraft subsidies left intact doubts that the dispute will ever get fully resolved and end…
U.K. to import Norway’s cheap hydro-power along sub-sea cable
The first megawatts of electricity will flow between Norway and the U.K. Wednesday along the longest submarine power cable in the world. Once fully operational…
Chinese trucking startup seeks $1.6 billion in U.S. IPO
Full Truck Alliance Co., an Uber-like trucking startup, is looking to raise as much as $1.57 billion in a initial public offering, which would make…
Australia’s pandemic-hit farms to reach out to Asia for labor
Australia is looking to recruit Southeast Asian farm workers as the pandemic and a new free-trade deal with the U.K. exacerbates labor shortages in the…
Australia to decide ‘very shortly’ on WTO action against China
Australian Trade Minister Dan Tehan said his government is bolstering its legal arguments before potentially asking the World Trade Organization to resolve its wine-tariff trade…
U.S. seeks $25.6 million Air Canada fine for refund delays
The U.S. Department of Transportation is seeking $25.6 million in fines from Air Canada for allegedly failing to provide timely refunds to U.S. customers after…