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Major Logistics Provider Tasco Reports Mixed Bag Of Financial Results
Monday, December 2, 2019 - 12:36pm | 1589Read More...Integrated logistics services provider Tasco (BM: 5140) has reported second quarter 2019 revenues of 190.7 million Malaysian ringgit ($45.5 million) alongside a net profit of 4.3 million ringgit ($1.0 million). Although net profits have surged in the company's second quarter, analysts are...
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UN Takes Aim At US Trade Policy
Friday, November 1, 2019 - 9:43am | 788Read More...The uncertainty caused by rising protectionism will slow growth across the maritime sector over the next five years, according to a major new report from the United Nations (U.N.). In a thinly veiled swipe at the trade policies of President Trump, the report said "trade tension and growth in...
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Exports Boost Canada's Economy
Friday, August 30, 2019 - 3:46pm | 213Read More...Canada's economy grew by 3.7 percent in the second quarter of 2019 as a surge in exports offset weaker domestic demand. Trade largely fueled the increase in real gross domestic product (GDP) reported by Statistics Canada on August 30. Broad strength in exports included a 3.7 percent increase in...
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Commentary: Decline In Exports Hurts Agricultural Producers And Railroads
Friday, August 9, 2019 - 10:28am | 813Read More...FreightWaves features Market Voices – a forum for voices with unique knowledge of numerous transportation/logistics/supply chain sectors, as well as other critical expertise. Earlier this week China hit the U.S. with a figurative bombshell when it announced that it would not purchase any more...
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Asparagus Exports Go Boom Heading Into 2019
Monday, March 4, 2019 - 12:31pm | 1122Read More...February and March are peak months for California and Mexico asparagus air exports. Ground zero for these movements is Los Angeles International Airport (LAX). Along with cherries and strawberries, asparagus is one of the top three perishable products based on tonnage exported each year by air from...
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The States With The Most Employment Exposure To Exports, Foreign-Owned Companies
Sunday, April 15, 2018 - 5:09pm | 538Read More...Amid a potential trade war with China, President Donald Trump directed staff to look into renegotiating U.S. participation in the Trans-Pacific Partnership agreement, according to reports. "That's really good news for America," Sen. Ben Sasse (R-Nebraska) said following a White...
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Pastel Paintings And Landmines: 7 Of The Weirdest Top State Exports
Monday, March 5, 2018 - 5:26pm | 772Read More...Whiskey’s a top Kentucky export, and lobsters rank first in Maine, but that probably doesn’t come as a surprise. Many of the U.S.’s top state exports only serve to reinforce state-by-state caricatures. It’s fitting that Rhode Island’s 11th-strongest seller is sailboats...
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Qualcomm, Cisco Hurt By U.S. ZTE Trade Restrictions
Tuesday, March 8, 2016 - 2:11pm | 408Read More...QUALCOMM, Inc. (NASDAQ: QCOM) and Cisco Systems, Inc. (NASDAQ: CSCO) are in for some negative headwinds, according to a recent JPMorgan research note. Due to forthcoming exportation trade restrictions by the United States against China's ZTE CORP ‘H'CNY1 (OTC: ZTCOF) (SHE: 000063) (HKG: 0763), a...
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As Exports Increase, So Should C.H. Robinson Worldwide's Stock Price
Tuesday, December 10, 2013 - 5:40pm | 420Read More...With American exports hitting a record high, many investors are looking at firms that sell abroad -- such as Boeing (NYSE: BA), Caterpillar (NYSE: CAT) and Dow Chemical (NYSE: DOW). All are great companies and among the leading exporters in the country. Not as well known, but just as well-...
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Market Wrap For November 15: Janet Yellen's Post Fed Nomination Keeping Markets In The Green
Friday, November 15, 2013 - 5:42pm | 1425Read More...The major indices can bank another day in the green. The Dow Jones and S&P 500 both reached new highs during Friday's trading session as markets continued its momentum following U.S. Federal Reserve's new boss Janet Yellen confirmed the central bank's economic stimulus would continue. The...
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China Expected to Become Top Business Travel Market
Tuesday, October 29, 2013 - 9:34am | 405Read More...Another sign of China's growing role in international commerce. According to a report commisssioned by the Global Business Travel Association (GBTA) and sponsored by Visa (NYSE: V), China is expected to surpass the United States as “the world's most dominant business travel market” within the...
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ISM Non-Manufacturing Index Slumps in June But Employment Gains Accelerate
Wednesday, July 3, 2013 - 11:26am | 492Read More...The ISM Non-Manufacturing Index, the broad index of services activity in the United States, slipped in June to 52.2 from 53.7 in May. Economists surveyed by Reuters had forecast a reading of 53.7. Output Drops The broad measure of the health of the services economy across the U.S. dropped in June...
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Chinese Manufacturing Slumps Further In June; Liquidity Crunch Hurts Small Businesses
Monday, July 1, 2013 - 9:25am | 647Read More...China's manufacturing sector showed signs of slowing again in June as two key measures of manufacturing output fell to four- and nine-month lows respectively in the country that accounted for nearly 38 percent of world GDP growth and 21.8 percent of emerging market growth in 2012. Manufacturing...
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Shale Gas Exports Set To Grow (LNG, CQP)
Thursday, May 12, 2011 - 1:19pm | 273Read More...The Marcellus Shale formation in the Northeast could be one of the best solutions to the world's growing demand for energy. Recent moves by Cheniere Energy (NYSE: LNG) and Cheniere Energy Partners LP (NYSE: CQP) are now helping underscore that potential. Cheniere Partners owns 100 percent of the...
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Brazil's Imports Of U.S. Corn Ethanol Surge (CORN, FUE)
Saturday, May 7, 2011 - 2:58pm | 260Read More...Brazilian ethanol, which is made from sugarcane, has traditionally been one of the cheapest sources of biofuels around. However, according to the U.S. commerce department, Brazil imported nearly 70 million liters of corn-based US ethanol in 2010, up from just 1 million in 2009. The surge in ethanol...














