EU lawmakers back US trade pact with built-in safeguards
The European Parliament and EU Council agreed to eliminate tariffs on U.S. industrial goods, retaining the power to suspend cuts if Washington exceeds the agreed-upon duties.
The European Parliament and EU Council agreed to eliminate tariffs on U.S. industrial goods, retaining the power to suspend cuts if Washington exceeds the agreed-upon duties.
Despite market uncertainty, some shippers like Bob’s Discount Furniture and Dollar Tree have expressed confidence in their ocean freight contracts.
The retailer is facing elevated vendor input costs and higher delivery fleet expenses as Iran war ripple effects challenge the furniture industry.
A new stand-alone FedEx Freight may resemble a start-up, but the LTL carrier is far from it, experts say.
The snack and confectionery manufacturer plans to bring more manufacturing and packaging in-house to "save quite a bit of money," EVP, COO and CFO Luca Zaramella said.
As the Iran war upped oil prices, transportation and warehousing costs rose 5% in April and wholesale energy prices rocketed 7.8%, per the Bureau of Labor Statistics.
The tea company faced unpredictable delivery times and lower sales in the U.S. without the trade rule exemption, CEO Sarah Segal said.
The two countries will use the board to manage bilateral trade for certain goods, and they also aim to resolve some non-tariff barriers in agriculture.
The “most pro-U.S. manufacturing trade agreement in history” can still be enhanced during negotiations at the six-year mark with process improvements, the National Association of Manufacturers said in a new report.
The agency plans to round up any fraction of an inch for several of its services, part of a wave of changes set to impact package shippers on July 12.
Spring and summer goods are arriving at the port, with back-to-school products and holiday inventory in the pipeline, Executive Director Gene Seroka said.
Competitors such as BNSF, CPKC and CSX say Union Pacific and Norfolk Southern's refiled application falls short. Here's why.