WASHINGTON | BY LUCIA MUTIKANI (Reuters) – New orders for U.S. factory goods recorded their biggest increase in eight months in March, boosted by demand for transportation equipment, but the underlying trend remained weak against the backdrop of a strong dollar. The report on Monday from the Commerce Department was the latest indication that the
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Si Huan, China Daily Editor/April 4,2015 -Orders at famed event seen as signal of the outlook for nation’s export-oriented firms Organizers of the latest China Import and Export Fair said transactions at the fair are expected to be stable even though China’s foreign trade volume and exports both declined in the first three months. The
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Oakland, Calif.—After working without a contract for seven months, dockworkers at 29 West Coast ports breathed a sigh of relief Feb. 20, when labor negotiators reached a tentative working agreement. But many suppliers serving the wine industry are still waiting for their shipments to be delivered, and laborers have yet to vote on the proposed
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By: AJOT | Feb 25 2015 at 05:40 PM | Liner Shipping Container shipping lines have begun the slow work of repairing their networks as U.S. West Coast congestion difficulties ease. At the same time, forward bookings suggest that post-Lunar New Year cargo demand will resume after the week-long Asia holidays and continue to pick up pace. Restoring service levels and
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Last night, the owners of 29 West coast shipping terminals and the union of dockworkers that staff them reached a tentative deal for a new contract, after nine months of negotiations that culminated in four days of meetings with two cabinet secretaries. The ports can now resume normal operations — or at least start working on the backlog of stalled
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SAN PEDRO (CBSLA.com) — A tentative labor agreement between dockworkers and port employers was hailed Monday by the mayors of Los Angeles and Long Beach, who say their cities will work more closely on eliminating cargo congestion at the port complex. Officials at the two ports “plan to redouble our efforts to invest in port infrastructure,
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