Advanced AGV cleaning high-risk zones to recover critical metals in gigafactories
“By combining DREV's expertise in contamination control with Kollmorgen's industry-leading AGV systems, we're driving innovation in the battery industry, delivering solutions that safeguard people and…
Biden-Harris Administration announce preliminary terms with Coherent, SkyWater, and X-Fab to advance U.S. supply chain security
Proposed CHIPS investments in Minnesota and Texas would help enhance the production capacity of important semiconductor manufacturing components
OOCL Uunveils its second 16,828 TEU vessel, OOCL Iris
“Iris" not only refers to a type of flower but also represents OOCL's in-house IT system, the Integrated Regional Information System, of which the company…
Global trade reaching new highs, with opportunities and challenges for developing economies in 2025
World trade is on track to hit a record $33 trillion in 2024, but risks of expanded trade wars and ongoing geopolitical challenges cast uncertainty…
Southwest Airlines, American lift forecasts as holiday travel takes off
U.S. carriers Southwest Airlines and American Airlines lifted their fourth-quarter forecasts on Thursday, betting on buoyant domestic travel demand during the holiday season and improved…
Oil rises after OPEC+ pushes back output hike, extends cuts through 2026
Oil prices rose on Thursday after OPEC+ decided to delay its planned output increase by three months to April 2025, and extend the full unwind…
US weekly jobless claims edge up; falling imports compress trade deficit
The number of Americans filing new applications for unemployment benefits rose slightly last week, pointing to steadily easing labor market conditions heading into the final…
US judge rejects Boeing plea deal in fatal crashes
A U.S. federal judge on Thursday rejected Boeing's agreement to plead guilty to fraud in the wake of two fatal 737 MAX crashes, faulting a…
US trade deficit shrinks on decline in imports
The U.S. trade deficit contracted sharply in October as imports declined by the most since late 2022, potentially positioning trade to contribute to economic growth…
CBP will seize aluminum products manufactured using forced labor by Chinese-owned, Dominican based company
U.S. Customs and Border Protection issued a Finding against Kingtom Aluminio S.R.L., the first Chinese-owned entity in the Dominican Republic, based on information that reasonably…
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