Traders have booked at least four cargoes of Australian grain for shipping from September to October after Beijing removed import tariffs on August 5.

Rio said it had struck a deal with Guinea and the Winning Consortium Simandou to develop the 600 kilometers of rail lines needed to transport the iron ore.

The Chinese Foreign Affairs Ministry said it was dissatisfied with the order and strongly opposed the U.S.’s new investment strategy in an August 10 statement.

One in five importers from outside the U.K. have had to change their supply chains due to geopolitical tensions while another 15% are considering supply chain alterations.

Is the age of globalization coming to an end? If so, what will the future of trade look like? 

U.S. ports are expected to handle 2.03 million TEU during August, marking the first time American ports have handled over 2 million TEU since October 2022.

It’s no wonder that companies from all over the world are establishing operations in Mexico.

Ortega’s family office has paid $109 million to acquire the center in Inland Empire, a logistics hub some 60 miles east of Los Angeles.

The unemployment rate in the U.S. transportation sector rose 0.7 percentage points to 4.9% in July 2022, above the pre-pandemic July 2019 level of 4.2%.

The order, announced August 9, would regulate U.S. investments in some Chinese semiconductor, quantum computing and artificial intelligence firms.