Treasury Secretary Steven Mnuchin said the success of President Donald Trump’s $1 trillion infrastructure package will likely depend on help from foreign investors, according to The Hill.
WTO chief seeks to promote women in trade
World Trade Organization Director-General Roberto Azevêdo said more needs to be done to ensure women have better access to the economic benefits of trade.
Boeing, UPS strike conversion deal
The Chicago-based commercial aircraft manufacturer reached a passenger-to-freighter conversion deal with United Parcel Service for three 767-300 aircraft.
Ex-Im Bank nominees
President Donald Trump sent names for U.S. Export-Import Bank president and board member to Congress.
Schneider enhances Phoenix operation
The nationwide trucking company has opened a new facility in Phoenix to handle its increasing freight transportation business in the Southwest.
Port of Mundra to receive $300m in investments
Port operator Adani Group and Chinese firm East Hope Group have agreed to pour investment money into manufacturing units at the deep-water port in India.
GM to lay off 1,000 workers in Kansas factory
With sedan sales dropping, General Motors has been forced to seek cuts in factories that exclusively produce sedans, such as the factory in Kansas City, Kan.
U.S. sea ports’ effects on the environment
Many ports across the U.S. found ships to be the largest polluter, but great stride has been made over the years in addressing ship pollution, said Susan Monteverde, vice president for government relations at the American Association of Port Authorities.
Northwest Seaport Alliance experiences double-digit box growth
International container volumes at the ports of Seattle and Tacoma increased 18 percent in May compared to last year.
Survey: Shipping confidence hits three-year high
The average confidence level in the shipping industry expressed by survey respondents rose to 6.1 out of 10 for the three months ending May 31, 2017, according to UK-based accounting and advisory company Moore Stephens.