Logistics

The port of Baltimore had another historic year in 2018. The Maryland Port Administration’s public terminals handled 10.9 million tons of general cargo — more containers, cars, construction equipment and other cargo than ever before — surpassing 10 million tons for the third straight year, officials announced March 6.

President Donald Trump says he has asked China to immediately remove all tariffs on U.S. agricultural products in what could be a huge blessing for American farmers. But how will global trade flows change in the event of a deal?

Companies added fewer workers to U.S. payrolls in February after a burst of hiring in the prior month that was stronger than previously reported, signaling that the labor market continues to underpin what may become the longest economic expansion on record this year.

Investors should keep their expectations about Tesla Inc.’s ability to operate profitably in China “very low,” Morgan Stanley analyst Adam Jonas wrote in a note, adding that he’s cautious about the country’s role in the carmaker’s long-term strategy and fundamental value.

A sprawling General Motors assembly plant near Youngstown, Ohio, will be idled March 6 after more than 50 years producing cars and other vehicles, a move that will eliminate nearly 1,700 hourly positions by month’s end.

Maryland and CSX Transportation have submitted another application for federal money to heighten the Howard Street Tunnel in Baltimore so it can fit shipping containers stacked two high on freight trains — a project long sought by the Port of Baltimore, officials announced March 4.

Target Corp. jumped the most in more than two months as it followed up strong holiday sales with upbeat projections for the current year, distancing itself from the travails of mall-based department stores.

President Donald Trump announced plans to end key trade preferences for India and Turkey, in the latest move by the United States to counter what it calls unfair trade practices.

Tesla Inc. CEO Elon Musk caught many employees by surprise with his announcement last week that the electric-car maker would close most stores and shift to online-only sales, according to three people familiar with the matter.

The United States has confirmed the country is postponing “until further notice” a scheduled tariff increase on Chinese goods, the latest sign that the world’s two largest economies could be headed toward a de-escalation of their trade dispute.