Customs data released on Thursday show that China’s exports and imports grew in April despite a drop in March. The data points to both improvement in demand at home and overseas, suggesting that policy support measures in recent months...
US Commerce Secretary Gina Raimondo issued a warning on Wednesday that the US could take “extreme action” and ban Chinese connected vehicles or impose restrictions on them. The Biden administration is conducting a national security investigation into electric vehicles...
The exercise equipment maker alleged in a complaint to the Federal Maritime Commission that the forwarder failed to meet its obligations under a carrier haulage agreement. READ SOURCE...
Air India Express, the low-cost carrier owned by Tata Group, today cancelled several flights. The cancellations are reportedly due to a protest by some cabin crew members against alleged 'mismanagement at the airline'. As per a PTI report, the discontent...
Clothing imports are rebounding in 2024, but retailers will likely wait for clear signs of demand growth to bring in additional product after a double-digit percentage drop last year. READ SOURCE...
China’s electric carmaker Zeekr will close book-building a day early this week for its New York initial public offering (IPO), which will raise up to $367.5 million. Zeekr’s IPO will the first in the United States by a Chinese...
With US manufacturers shrinking their plastics inventories, overseas buyers are taking up an even more important role for North American resins producers. READ SOURCE...
Yusen Terminals in Los Angeles is already holding twice its normal inventory of rail containers and is draying some of the boxes to a near-dock storage yard to prevent the backlog from interfering with cargo handling operations. READ SOURCE...
A section of permanent engineers of state-owned AIESL on Monday threatened to go on strike from May 24, seeking immediate implementation of their long-pending revised salary payments. The forum represents around 1,700 staff at the company that provides engineering services...
The locomotive of a Jammu-bound train detached from its coaches in Sirhind in Punjab on Sunday, officials said. The incident occurred after the train departed from the Sirhind railway station and the locomotive travelled for three kilometres without its coaches,...
