Oil aided by China recovery but still set for worst ever quarter
Oil clawed back some losses as signs of a recovery in the Chinese economy bolstered hopes for a rebound in demand though prices are still…
Global demand woes laid bare as China struggles to export steel
China’s steel exporters face bleak times as sweeping lockdowns from Europe to Southeast Asia squeeze demand by shutting factories and stifling trade, highlighting the stiff…
Putin’s economic isolation suddenly doesn’t look so bad
Russian President Vladimir Putin has the U.S. Treasury Department to thank for helping his country prepare for a global economic crisis.
EU presses Johnson over Irish Customs checks after Brexit
The European Union warned the U.K. to set out what steps it will take to prevent a hard border in Ireland after Britain’s final break…
Freight Transportation Services Index (TSI), February 2020
. In the previous release for January, the Freight TSI was unchanged in January from December. From January 2019 to January 2020, the index fell…
Graves Statement on House Passage of the CARES Act
DC - Transportation and Infrastructure Committee Ranking Member Sam Graves (R-MO) statement on the passage of the Coronavirus Aid, Relief, and Economic Security (CARES) Act…
IPhone maker Hon Hai’s profit slides ahead of virus outbreak
Hon Hai Precision Industry Co.’s quarterly profit fell 24% after tepid smartphone demand and U.S.-Chinese tensions depressed sales ahead of the coronavirus outbreak.
Russia Wants to Limit Grain Exports to Protect Food Supplies
Russia, the world’s biggest wheat exporter, proposed limiting grain shipments to protect its own food security in the face of the spreading coronavirus pandemic.
United Fresh Applauds Decision on Foreign Worker Processing
United Fresh Produce Association applauds the administration for the announcement to ease restrictions on H-2A and H-2B employees that play a vital role in our…
India to Miss Sugar Export Target as Lockdown Roils Ports
Sugar mills in India, the world’s third-biggest shipper, will probably miss their export target this year as a nationwide lockdown to prevent the spread of…
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