China services activity hits 7-month high but US trade fears dent optimism, Caixin PMI shows
China's services activity expanded at the fastest pace in seven months in December, driven by a surge in domestic demand, but orders from abroad declined,…
Russia clears beaches after Black Sea oil spill, declares emergency in Crimea
Russia declared a regional state of emergency on Saturday in Crimea, which it seized from Ukraine in 2014, as workers cleared tons of contaminated sand…
China seeks to bolster ports and aviation hubs in western regions
China said on Sunday it would launch 15 measures to bolster the development of its western provinces with the construction of logistical infrastructure such as…
Rival CEO spread doubt about Nippon Steel deal prospects to Wall Street, documents allege
Even as Nippon Steel faced skepticism of its doomed $14.9 billion bid for U.S. Steel from the Biden administration, it was also contending with headwinds…
Nippon Steel president says suing US government is an option, NTV reports
TOKYO (Reuters) - Nippon Steel President Tadashi Imai said filing a lawsuit against the U.S. government is one of the "important options", Nippon Television reported…
Winston & Strawn’s Papavizas says proposed Ships Act could create U.S. shipbuilding boom - If Congress acts
The recently proposed Bi-Partisan Ships for America Act or Ships Act could lead to a major new shipbuilding mobilization in the United States, if Congress…
CPA applauds Biden Administration action to block Nippon Steel’s purchase of U.S. Steel
The Coalition for a Prosperous America (CPA) commends President Biden’s decisive action to block Nippon Steel’s $14.9 billion bid to acquire U.S. Steel. This decision…
Logistics are the life force of New Jersey’s economy
There is an industry in New Jersey that every single one of us relies on every day. It has become so critical to the daily…
AAR Reports Rail Traffic for the week ending December 28, 2024
Total carloads for the week ending December 28 were 184,028 carloads, up 1.1 percent compared with the same week in 2023, while U.S. weekly intermodal…
BTS to will begin releasing preliminary estimates of airline passenger travel in 2025
Monthly passenger enplanement numbers are not reported by the carriers and published by BTS for the month until more than a month later. BTS developed…
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