The 13,000 square meter center located in Dubai Industrial City is the United Arab Emirates' first Cold Store facility.

U.S. officials asked banks and regulators to identify high-tech American items that were being shipped to Russia via Hong Kong, according to sources that spoke with Nikkei Asia.

GM sales rose almost 19% during the second quarter of 2023 while Toyota claimed its sales grew by 7.1% during the quarter.

The U.S. is also examining options for raw materials supply from Africa, but so far has only a few tentative plans, including preliminary cooperation agreements with the DRC and Zambia.

Moving into the summer, freight forwarders sit in an advantageous position to drive pricing down and demand on-time performance.

The announcement comes just days before a high-stakes trip to Beijing by U.S. Treasury Secretary Janet Yellen.

The Dutch government said that from September 1, the export of "certain advanced semiconductor manufacturing equipment" would have to be authorized.

GM will loan E25 $85 million to partially fund the construction of a new battery-grade manganese sulfate processing facility located in Louisiana.

KOBC will be in charge of securing funding for the centers while CJ Logistics will be responsible for operating the facilities.

IMMEX is a program that enables foreign companies to operate in Mexico under a preferential, low-tax cost structure.