November 2023 U.S. transportation sector unemployment (4.5%) falls below the November 2022 Level (4.6%)
The unemployment rate in the U.S. transportation sector was 4.5% (not seasonally adjusted) in November 2023 according to Bureau of Labor Statistics (BLS). These data…
Import cargo peak came later than expected as volume kept growing
“We originally thought peak season would come in August but imports kept growing in September and again in October,” NRF Vice President for Supply Chain…
Mercosur summit ends without EU deal, eclipsed by Venezuela fear
A Mercosur summit planned to conclude a landmark trade agreement with the European Union closed Thursday in Rio de Janeiro with no deal in sight…
Northrop Grumman successfully tests a new solid rocket motor developed in less than a year
Northrop Grumman Corporation (NYSE: NOC) successfully conducted a full-scale static test fire of a new solid rocket motor that was developed in less than a…
EU considers restarting WTO case against US over steel tariffs
The European Union is considering reopening a case at the World Trade Organization against the US over a Trump-era steel and aluminum dispute that saw…
Taiwan exports grow by most since 2022 but still fall short
Taiwan’s exports recorded their highest increase in more than a year but still fell short of market expectations, tempering enthusiasm for a quick rebound in…
Merck navigates chip geopolitics with ‘China for China’ strategy
Merck KGaA, a major supplier of specialty materials for semiconductor manufacturing, says it can navigate rising geopolitical tensions between the US and China with what…
International business rep.: CISCE establishes platform for global cooperation
CISCE has established a new platform for global industrial cooperation and communication, said plenty of international enterprises. Their unwavering confidence in the Chinese market propels…
L.A. County’s job market will likely level off in 2024, but its strong economy should be enough to avoid a recession
The report, released Thursday by the Southern California Association of Governments (SCAG) as part of its 14th Annual Southern California Economic Summit, said L.A. County…
China’s weak trade data signals more economic pain to come
China’s imports unexpectedly shrank in November from a Covid-hit period a year ago, while exports edged up from a low base, suggesting the nation’s slowing…
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