China’s growth beats forecasts, aiding global economic rise
China’s economy exceeded its pre-pandemic growth rates in the fourth quarter, enabling it to expand faster than expected over the whole year as major peers…
Trump halts Huawei supply in final China blow, Reuters says
The U.S. government notified several of Huawei Technologies Co.’s suppliers that it’s revoking their licenses to work with the Chinese company and rejecting other applications…
Eurostar Survival Concern Grows as U.K. Firms Lobby for Rescue
U.K. business leaders called for a government rescue of Eurostar International Ltd. as border closures aimed at halting new strains of Covid-19 threaten to push…
Adviser to Five U.S. Presidents Expects China Tariffs to Remain
The upcoming inauguration of Joe Biden as president will allow the U.S. to reboot its relationship with China after a tumultuous four years under Donald…
Israel’s Biggest Banks to Cooperate With Bahrain Lender
Israel’s two largest lenders have each signed memorandums of understanding with National Bank of Bahrain to facilitate business dealings between the countries.
Seroka reports Port of LA moved 9.2 million TEUS In 2020
Gene Seroka, executive director of the Port of Los Angeles reported that the Port moved 9.2 million twenty-foot containers (TEUs) in 2020
Port of Long Beach moves a record 8.1 million TEUs in 2020
Essential workers at the Port of Long Beach moved more than 8.1 million cargo container units in 2020, setting a record in the face of…
Air Travel Consumer Report: November 2020 Numbers
The U.S. Department of Transportation today released its January 2020 Air Travel Consumer Report (ATCR) on reporting marketing and operating air carrier data compiled for…
Port Freeport receives 31st consecutive certificate of achievement in financial reporting
For the 31st consecutive year, Port Freeport received the Certificate of Achievement for Excellence in Financial Reporting by Government Finance Officers Association of the United…
OOCL Asia-Africa trade WAF3 service update
In response of customer demand and to offer enhanced services in OOCL’s West Africa network, OOCL announced the introduction of a direct port call to…
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