International Trade

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FBX Update: Global Container Index at Highest Point All Year

AJOT | June 18, 2018 | International Trade

The global container index has been at 2018 highs over the past two weeks. Falls on the transpacific lanes were largely offset by rises on the China-Europe lanes

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Secretary of Agriculture Sonny Perdue to Keynote United Fresh 2018

AJOT | June 18, 2018 | International Trade

WASHINGTON, D.C. – U.S. Secretary of Agriculture, Sonny Perdue, will join United Fresh attendees as the opening keynote speaker on Tuesday June 26 in Chicago. Secretary Perdue will address the key issues facing the produce industry, from immigration reform and the need for a legal workforce to NAFTA and the need to retain a fair international trade framework for agriculture. “We’re honored that Secretary Perdue will join us in Chicago,” said United Fresh President & CEO Tom Stenzel. “He’s a proven leader for agriculture, helping the Administration and Congress both to understand the importance of feeding the world. A task that requires a secure U.S. workforce, and a global trade system that supports both producers and consumers.” The fruit and vegetable industry is highly dependent on our workforce in order to sustain and grow our industry to meet increasing demand for fresh fruits and vegetables. Likewise, our ability to trade around the globe in an open and equal import/export environment allows our businesses to grow beyond our nation’s borders in order to better serve U.S. consumers. Secretary Perdue will speak at the United Fresh 2018 Keynote Breakfast taking place on Tuesday, June 26, from 8:00 to 10:00 am at the McCormick Place Convention Center in Chicago. The event requires a United Fresh All Access Package. Attendees who have already registered for Trade Show Only passes, as well as exhibitors, can upgrade their registration. To upgrade your current registration, navigate through your existing registration confirmation. If you have not yet registered for United Fresh 2018, visit www.unitedfreshshow.org and make your plans to attend and hear one of the most important leaders in agriculture today. Once again, United Fresh will co-locate with the Global Cold Chain Expo and the International Floriculture Expo, and new this year, the debut of the SmartFood Expo™ focused on fresh, healthy and better-for-you foods. Registration is available at www.unitedfreshshow.org. Media are invited to attend but must pre-register by contacting, United Fresh Senior Director of Marketing & Communications Mary Coppola.

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Adoption of autonomous vehicles could increase U.S. transportation energy consumption

AJOT | June 18, 2018 | Energy | International Trade

Autonomous vehicles are one of the main sources of uncertainty in the future of U.S. transportation energy consumption, as autonomous vehicle technology has the potential to change travel behavior, vehicle design, energy efficiency, and vehicle ownership.

U.S. Oil’s Pricing Allure Risks Being Dulled by China Tariff

Bloomberg | June 18, 2018 | Energy | International Trade

Magna Strikes Deal to Build Electric Vehicles in China With BJEV

Bloomberg | June 18, 2018 | International Trade

Oil Slumps Near $64 as OPEC Clash Looms and Trade War Escalates

Bloomberg | June 17, 2018 | Energy | International Trade

Japan’s Exports Continue Strength Amid Trade-War Anxiety

International Trade

Bloomberg | Top Story | June 17, 2018

Japan’s Exports Continue Strength Amid Trade-War Anxiety

Steady growth in Japanese exports for a second-straight month offered more reassurance that Japan’s economy is rebounding in the current quarter, despite rising trade tensions. A surge in imports pushed the trade balance to a bigger-than-expected deficit.