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Uber denies report it will test unmanned flying taxis in Kenya
| March 22, 2018 | Air Cargo
US and EU can make trade great again
| March 22, 2018 | International Trade
EU runs Into Trump trade test as bloc seeks metal-tariffs waiver
| March 22, 2018 | International Trade
Trump is said to plan to impose $50 billion in China tariffs
Here are US targets most vulnerable to China trade retaliation
| March 21, 2018 | International Trade
Trump’s steel tariffs may take a swipe at battery-storage market
| March 21, 2018 | International Trade
US said to be flexible on key auto demand in NAFTA talks
Powell Fed talks tariff worries without tallying likely fallout
| March 21, 2018 | International Trade
Argentine airport operator seeks emerging-market deals
| March 21, 2018 | Air Cargo
SeaLand North America Trucking Update and Inland Tariff Change Effective April 14th
| March 21, 2018 | Maritime | Liner Shipping | Ports & Terminals | Ports
FLEETCOR & Uber Freight Partner to Bring Savings to Carriers and Their Drivers
| March 21, 2018 | Intermodal | Trucking
United Airlines CEO says `We got it wrong’ with dog’s death
| March 21, 2018 | Air Cargo
First new crane begins work at Port of Savannah
| March 21, 2018 | Ports & Terminals | Terminals
Ship-to-shore fleet grows to 30 by the end of April; six more to arrive in 2020
The SolarWorld that loves Trump’s tariff, the one that doesn’t
| March 21, 2018 | International Trade
SC Ports Authority Reports Record Container Volume through February Construction begins on Charleston Harbor Deepening Project
| March 21, 2018 | Ports & Terminals | Ports
South Carolina Ports Authority reported a fiscal year-to-date container volume record of over 1.4 million twenty-foot equivalent container units (TEU) handled since July.
Boeing Delivers First 737 MAX 9
| March 21, 2018 | Air Cargo | General
Added capacity of MAX 9 will launch new international routes
Volga-Dnepr Group Appoints Tony Bauckham as Commercial Director for Charter Business
| March 21, 2018 | Air Cargo | Charters
Tony Bauckham has joined Volga-Dnepr UK, a global charter sales centre for Volga-Dnepr Airlines, as Commercial Director, reinforcing Volga-Dnepr Group’s strategy of building an international team to further its leadership ambitions in the global air charter market.
U.S. may delay steel tariffs for some nations wanting relief
| March 21, 2018 | International Trade
U.S. International Transactions: Fourth Quarter and Year 2017
| March 21, 2018 | International Trade
Current-Account Balance, Fourth Quarter The U.S. current-account deficit increased to $128.2 billion (preliminary) in the fourth quarter of 2017 from $101.5 billion (revised) in the third quarter, according to statistics released by the Bureau of Economic Analysis (BEA). The deficit was 2.6% of current- dollar gross domestic product (GDP) in the fourth quarter, up from 2.1% in the third quarter. The $26.7 billion increase in the current-account deficit mostly reflected increases in the deficits on goods and secondary income and a decrease in the surplus on primary income. Exports of goods and services and income receipts Exports of goods and services and income receipts increased $16.6 billion in the fourth quarter to $878.8 billion. • Goods exports increased $14.2 billion to $400.7 billion, mostly reflecting an increase in industrial supplies and materials, primarily petroleum and products. • Primary income receipts increased $6.0 billion to $243.9 billion, mostly reflecting increases in direct investment income and in portfolio investment income. • Secondary income receipts decreased $5.9 billion to $35.3 billion, partly offsetting the increases in goods exports and in primary income receipts. The decrease in secondary income receipts mostly reflected a decrease in U.S. government transfers, primarily fines and penalties. Imports of goods and services and income payments Imports of goods and services and income payments increased $43.3 billion to $1,006.9 billion. • Goods imports increased $33.1 billion to $614.9 billion, mostly reflecting increases in industrial supplies and materials, primarily petroleum and products, and in consumer goods except food and automotive. • Primary income payments increased $7.3 billion to $186.7 billion, primarily reflecting an increase in direct investment income. Capital Account, Fourth Quarter The balance on the capital account shifted to a deficit of less than $0.1 billion in the fourth quarter from a surplus of $24.9 billion in the third quarter. The third-quarter transactions reflected receipts from foreign insurance companies for losses resulting from hurricanes Harvey, Irma, and Maria. Financial Account, Fourth Quarter (tables 1, 6, 7, and 8) Net U.S. borrowing measured by financial-account transactions was $29.8 billion in the fourth quarter, a decrease from net borrowing of $121.8 billion in the third quarter. Financial assets Net U.S. acquisition of financial assets excluding financial derivatives decreased $172.8 billion to $177.9 billion. • Net U.S. acquisition of portfolio investment assets decreased $95.9 billion to $83.3 billion, reflecting a shift to net U.S. sales of foreign equity and investment fund shares from third-quarter net purchases. • Transactions in other investment assets shifted to net U.S. liquidation of $10.7 billion in the fourth quarter from net acquisition of $74.7 billion in the third quarter, mostly reflecting a shift to net foreign repayment of loans from third-quarter net U.S provision of loans to foreigners. Liabilities Net U.S. incurrence of liabilities excluding financial derivatives decreased $282.6 billion to $208.4 billion. • Net U.S. incurrence of portfolio investment liabilities decreased $211.5 billion to $84.9 billion, reflecting a decrease in net foreign purchases of U.S. long-term debt securities and a shift to net foreign sales of U.S. equity and investment fund shares from third-quarter net foreign purchases. • Net U.S. incurrence of direct investment liabilities decreased $49.6 billion to $54.1 billion, primarily reflecting a shift to net U.S. repayment of debt instrument liabilities from third-quarter net incurrence. • Net U.S. incurrence of other investment liabilities decreased $21.4 billion to $69.5 billion, reflecting largely offsetting changes in transactions in loan and deposit liabilities. In loans, transactions shifted to net U.S. repayment of loan liabilities from third-quarter net incurrence. In deposits, transactions shifted to net incurrence of deposit liabilities from third-quarter net foreign withdrawal of deposits in the United States.
Solar photovoltaic costs are declining, but estimates vary across sources
| March 21, 2018 | Energy | Alternative
Costs for utility-scale solar photovoltaic (PV) systems have declined in recent years—most sources show that system costs on a per-watt basis have fallen about 10% to 15% per year from 2010 through 2016.
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