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Global Trade & Economics: Page 139

U.S. to Fight Labor Shortage With New Chips Act Worker Program

The program will use some of the $5 billion in federal funding set aside for a new National Semiconductor Technology Center.

Photo: iStock / William_Potter

Global Shipping Activity Leaps Most Since 2010 After Red Sea Attacks

The marker, which multiplies the volume of cargo transported by the distance it sails, is heading for an increase of 5.1% compared to 2023.

OAKLAND, CALIFORNIA - MAY 21: In an aerial view, a shipping crane sits idle at the Port of Oakland on May 21, 2024 in Oakland, California. Container shipping rates have surged nearly 30 percent as ships continue to be diverted from the Red Sea due to attacks by Iran-backed Houthi rebels. (Photo by Justin Sullivan/Getty Images)

Vietnam Air Gets Loan Extension to Avoid Insolvency Risk

The company will focus on restructuring its assets, capital, investment portfolio and organizational structure as well as corporate governance reforms.

Photo: Bloomberg

U.S. Senators Query EPA on Possible Fake Chinese Used Cooking Oil

Six senators sent the Biden administration a letter asking what steps were being taken to ensure that imports of the oil, known as UCO, do not contain virgin vegetable oil.

Photo: iStock.com/fluxfoto

U.S. Industries Fearing a Port Strike Urge Biden to Revive Labor Talks

The current agreement, which covers about 45,000 dockworkers at facilities including six of the 10 busiest US ports, expires September 30.

Photo: iStock / Edgar Feliz

TrusTrace AI Tool Lets Companies Assess Supply Chains for Forced Labor

TrusTrace's Forced Labor Prevention tool has traced more than two million purchase orders to date, while mapping over 55,000 suppliers and facilities.

Credit: TrusTace, courtesy photo

Peru Resolves Chinese Port Spat as President Prepares to Meet Xi

China’s Cosco Shipping has been building the Chancay port near Lima expecting to be its exclusive operator when it opens in November.

Dina Boluarte speaks in San Francisco on Nov. 16, 2023. Photographer: David Paul Morris/Bloomberg

Red Sea Delays the 'New Normal' Headed into Peak Shipping Season

Supply chain visibility platform Project 44 estimates that passages through the Suez Canal dipped by 80% between May 2023 and May 2024.

Photo: iStock / IgorSPb

Canada Could Be Next to Hit China With Tariffs on EVs

Canada will next open a 30-day public consultation period on July 2 to weigh responses to any potential tariffs against China moving forward.

Shanghai, China. Photo: iStock / Jenson

Companies Face New Normal of Tariffs, Trade Regulation Compliance

It may seem like rapidly changing trade rules are the result of temporary geopolitical upheavals, but compliance experts say the chaos is here to stay.

Photo: iStock / narvikk

China and European Union Attempt to Head Off Trade War

The European Commission, the executive body of the EU, had announced plans for tariffs of up to 38% on electric cars from China, on top of an existing 10% on all imported cars.

Photo: btgbtg, iStock

U.S. Announces Restrictions on U.S. Investments in Chinese Technology

The restrictions require investors to notify the Treasury Department about certain kinds of transactions, and some types of investments are explicitly prohibited, for fear of enhancing China's military.

Photo: iStock.com/loonger

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How a Leading U.S. Floral Distribution Company Reduced Warehouse Labor Costs by 45% with RFID

Recycled Tagging Fasteners: Small Changes Make a Big Impact

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Enhancing High-Value Electronics Shipment Security with Tive's Real-Time Tracking

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