Chaos strikes global shipping
“No one knows how long the upheaval will last, though some experts assume containers will remain scarce through the end of the year, as the factories that make them — nearly all of them in China — scramble to catch up with demand.”
[The New York Times]
China ratifies RCEP trade deal three months ahead of schedule
“The RCEP agreement will enter into force 60 days after six Asean member states and three non-Asean member states have ratified the deal.”
[South China Morning Post]
Laredo looks to add, expand bridges to boost Mexico trade
“Some of the projects already underway include the World Trade Bridge FAST Lane Initiative and addition of weigh-in-motion (WIM) technology in existing commercial lanes, Eads said.”
[FreightWaves]
Raimondo sworn in as new secretary of Commerce
She said, “The Commerce Department will work relentlessly to create good-paying jobs, level the playing field for our workers and businesses, and build an economy that does not leave any communities behind.”
[Department of Commerce]
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