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Global Trade & Economics: Page 141

FAA Probes Suspect Titanium Supply Used in Airbus, Boeing Jets

Boeing said in a statement that it’s removing any affected parts on airplanes prior to delivery and that its in-service fleet can continue to fly safely.

Photo: Silk Way West Airlines

Port of Los Angeles Imports Fell 4.5% in May, Exports Rose 23.8%

Overall container volumes at the busiest U.S. container port are up 18% in the first five months of the year compared to the same period in 2023.

Photo: iStock / viavado

Attacks Drove 90% Decline in Container Shipping Through Red Sea, U.S. Spies Say

The attacks have impacted at least 65 countries and forced at least 29 major energy and shipping companies to alter their routes.

Photo: iStock / IgorSPb

EV Leader Norway Won’t Follow EU on Chinese Electric Car Tariffs

Norway has the highest density of electric vehicles in the world, with more than 12% of EVs imported into the country coming from Chinese brands.

Photo: Bloomberg

Peak Shipping Season Arrives Early at U.S. Ports

The National Retail Federation projects more than 2.1 million TEUs in imports to the U.S. in each of June, June and August.

The Port of Los Angeles, Los Angeles, California. Photo: iStock.com/viavado

Carriers Divert Sailings Amid Growing Threat of Canada Rail Strike

Canada's rail union says it will conduct a new strike vote between June 14-29, promising a "quick process."

Photo: FarzadFrames, iStock

Port of Baltimore Ramps Back Up as Channel is Restored to Full Capacity

Dwell times at the port have stabilized across the board, having returned to their pre-closure levels with full capacity now restored to the port.

Photo: iStock / halbergman

Trade War Looms as EU Announces Tariffs of Up to 38% on Chinese EVs

European manufacturers are also bracing themselves for retaliatory measures from China, in the form of a range of duties on its exports, including vehicles, but also other products.

Photo: iStock.com/Oleksii Liskonih

U.S. Weighs More Limits on China’s Access to Chips Needed for AI

The measures being discussed would limit China’s ability to use a cutting-edge chip architecture known as "gate all-around."

A sheet of surround view camera sensor circuits sit on the automated driving technology production line at the Continental AG automotive factory in Ingolstadt, Germany, on Friday, March 2, 2018. Nvidia Corp., forging partnerships to embed its computer technology in future autonomous cars, will work with automotive supplier Continental to put robo-taxis on the road. Photographer: Alex Kraus/Bloomberg

Could Container Leasing Rate Price Bubble Be Poised to Burst?

Red Sea diversions have had many carriers pulling shipping schedules forward in anticipation of future disruptions in the region, but that is unlikely to last.

Photo: iStock.com/brunette

Strike Averted as Canada Border Agents Reach Tentative Deal

A possible strike had previously been delayed from June 6 to June 12 to allow for more time to negotiate.

Photo: MayaCom, iStock

Russian Oil Tanker Does Secret Cargo Switch to Dodge U.S. Sanctions

The SCF Primorye was sanctioned by the U.S. Treasury’s Office of Foreign Assets Control in October, after which it didn’t load oil again for about six months.

Suezmax tanker SCF Primoye transferred its cargo to the Ocean Hermana in the Riau archipelago, east of Singapore on June 3, 2024. Photo: Courtesy of European Union via Bloomberg

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