Downtrodden won can’t catch a break as South Korea exports cool
A four-month decline in South Korea’s currency has vindicated the call of won bears. All signs point to more weakness ahead.
Taiwan joining WTO is not a precedent for CPTPP, China says
China indicated that Taiwan’s path to joining a regional trade deal is going to be difficult, with a government spokeswoman saying that the fact that…
United says 593 US workers face firing for rejecting shot
United Airlines Holdings Inc. said as many as 593 employees face termination after declining to get the coronavirus vaccine following the carrier’s deadline this week.
Fortress to finalize financing plans for $8 billion Vegas rail line
Brightline Holdings, Fortress Investment Group’s rail company, will finalize the financing plans for its $8 billion project laying train tracks to Las Vegas from southern…
United Airlines extends Africa reach in deal with local carrier
United Airlines Holdings Inc. expanded its reach to southern African destinations like Madagascar, Mozambique and Victoria Falls, inking a code-share agreement with a growing local…
CMA CGM THC update in Malaysia (import/export)
Effective October 1st, 2021, date of loading in the origin ports (November 1st, 2021 for US trades) until further notice:
Le Havre call suspension on CMA CGM SAFRAN service connecting North Europe with East Coast South America
In order to recover schedule reliability on SAFRAN service connecting Europe with East Coast South America, CMA CGM will be extending the suspension of Le…
U.K. Brexit talks with EU expected to continue for several weeks
The U.K. and European Union are seeking to cool tensions over a thorny Brexit dispute related to Northern Ireland as they prepare to engage in…
MOL signs “Call to Action for Shipping Decarbonization” toward decarbonization of international shipping
Mitsui O.S.K. Lines, Ltd. has signed the "Call to Action for Shipping Decarbonization", which is called for by the "Getting to Zero Coalition", a coalition…
Secretary Raimondo outlines agenda to increase American competitiveness
Over the past six months, I’ve had an opportunity to define how the Commerce Department contributes to President Biden’s Build Back Better agenda.
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