The anti-globalization and anti-trade rhetoric of the U.S. presidential election has become a primary economic threat to emerging countries, according to Bloomberg's Mohamed A. El-Erian .
United States GDP grew slightly more than initially expected in the first quarter of 2016, and durable goods orders ticked up in April, according to the most recent data from the Department of Commerce.
Meanwhile, the struggling South Korean ocean carrier said in a statement Sunday it expects to reach an agreement with ship owners regarding charter rate renegotiations “soon.”
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The Chinese container line received a large handout to help upgrade vessels with anti-pollution technology, but has since routed the vessels to ports in other parts of the world instead, according to a report from the L.A. Times.
In order to transport goods beyond its borders, Iowa relies on a network of 10,000 miles of highways, 3,825 miles of tracks used by 18 large and small railroads, and 491 miles of navigable inland waterways bordering the state.
The 3rd Circuit U.S. Court of Appeals decision, which relies on a 1866 Supreme Court opinion, is being heralded as a victory for ocean carriers.