Maersk, an integrated container logistics company operating in 130 countries, expects global economic growth to hover around 2% in 2023. Despite the improvement in the first quarter of the current year, cracks in the economic outlook began to appear in the second quarter. In China, the recovery from
The United States on Monday requested Mexico to review labor rights issues at Grupo Yazaki‘s automotive components factory located in the state of Guanajuato. For the seventh time in 2023, and twelfth time overall, the United States requested Mexico’s review under the Rapid Response Labor Mechanism of the
The Export-Import Bank of the United States (EXIM) defined 10 priority sectors to face competition from China. EXIM, a wholly state-owned entity, is the official export credit agency of the United States. It is an independent agency of the federal government, which assists exporters who cannot access private
FedEx has expanded e-commerce delivery options for retailers with FedEx Extra Hours. It is a service that allows participating retailers to fulfill e-commerce orders into the evening and receive late pickups from FedEx Express, with local next-day delivery and two-day shipping to any address in the continental United
Among the largest importers of jewelry items in the world in 2022, Hong Kong, the United States and the United Arab Emirates stand out. According to data from the World Trade Organization (WTO), Hong Kong exported such products for a customs value of $18.829 billion, followed by the
The European Union, United Kingdom and United States were the top exporters of insurance (including pension services) in 2022, according to data from the World Trade Organization (WTO). The European Community bloc exported this type of services for a value of 58,767 million dollars in 2022, a year-on-year