Government, Business

With Talks on Ice, Deadline Slips for EU Trade Deal With US

shipping containers Bloomberg News

The European Union won’t clinch a trade deal with the U.S. by Nov. 1 as originally targeted, according to the bloc’s chief trade negotiator.

Rafaela Lindeberg | Bloomberg News
August 23, 2019
Government, Business, Logistics

Trump Looking to Impose New Tariffs on European Union

Martin Meissner/Associated Press

The Trump administration wants to tax $11.2 billion worth of EU goods — from airplanes to Gouda cheese — in a move that some experts say marks another attempt by the administration to use tariffs to reshape global trade in its favor.

April 9, 2019
Government, Business

Irish Drivers Warned to Get Paperwork for ‘No-Deal’ Brexit

border between the Irish Republic and Northern Ireland A bureau de change on the border between the Irish Republic and Northern Ireland, near the town of Jonesborough, Northern Ireland. (Peter Morrison/AP)

LONDON — Ireland’s deputy prime minister said Feb. 28 that the European Union wants to work with Britain to ensure there is a Brexit deal as Irish drivers were warned they will need new paperwork to cross the currently invisible border to Northern Ireland if the U.K. leaves the bloc without an agreement.

Jill Lawless | Associated Press
February 28, 2019
Government, Business

EU Trade Chief to Continue Talks With US

Cecilia Malmstrom European Union’s trade chief, Cecilia Malmstrom (Carolyn Kaster/Bloomberg News)

The European Union’s trade chief, Cecilia Malmstrom, will continue talks with her U.S. counterpart Jan. 10, after the two met earlier the week of Jan. 7 in an effort to tamp down escalating commercial tensions, according to the European Commission.

Jenny Leonard | Bloomberg News
January 10, 2019
Government, Business, Equipment

Volkswagen’s Scania Fined $1.03 Billion by European Union for Price Fixing

Scania Group

Volkswagen AG’s tarnished reputation suffered another blow after its Scania unit was slapped with a 880.5 million euro ($1.03 billion) fine for fixing truck prices, a year after other members of the cartel reached a record settlement with the European Union.

Aoife White | Bloomberg News
September 27, 2017

Philadelphia Port Sees Growth in Cargo Imports

Port of Philadelphia

Containerized freight in 20- and 40-foot boxes was up 28% in the Philadelphia port in April compared with the same month a year ago, port officials said.

Linda Loyd |
May 11, 2017

March Was a Great Month for North American Ports

Lance Cunningham/Flickr

Container traffic increased in March compared with 2016 levels at the top North American ports, including a strong post-Chinese New Year upswing at the two largest ports — Los Angeles and Long Beach, Calif.

April 14, 2017
Business, Government

Deutsche Post Harvests Online-Shopping Boom With Record Profit

Martin Leissl/Bloomberg News

Deutsche Post AG’s third-quarter profit jumped more than threefold to a record as the mail operator shifts to tap booming shipments from Internet shopping and recovered from costs for a failed software project.

Richard Weiss | Bloomberg News
November 8, 2016
Government, Business

The History of Trucking, On Display at Museums

The gleaming old trucks housed in transportation museums across the country do more than offer visitors something pretty to see; they can provide a history lesson in how far the trucking industry has come.

October 6, 2014
Business, Government

Deutsche Post Earnings Beat Estimates on Parcel Business

Ralph Orlowski/Bloomberg News

Deutsche Post AG’s second-quarter profit beat analysts’ estimates as the German parcel business and international express unit of Europe’s largest postal company expanded.

August 5, 2014