The creation of a new envoy for the Canada-EU Comprehensive Economic and Trade Agreement (CETA) reflects the high priority the country places on signing the deal, despite recent opposition.
New Federal Aviation Administration rules for operating commercial drones took effect Monday, making it easier for businesses to use the flying robots for a variety of applications.
U.S. gross domestic product increased 1.1 percent in the second quarter of 2016, according to the “second” estimate from the Department of Commerce, following a revised increase of just 0.8 percent in the first quarter.
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The ocean carrier alliance will void one sailing each on its Central China 4 (CC4) and South China 2 (SC2) services between Asia and the United States West Coast in response to “expected low demand in October,” member OOCL said in a statement.
With 13 of the top 20 container lines reporting combined losses of $2.5 billion in the first half alone, industry losses will likely range from $8 billion to $10 billion for the full year, according to Lars Jensen, CEO of SeaIntelligence Consulting.
DSF said it expects intra-regional trades to grow in importance at the expense of the main east-west trades.