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Image via Flickr cuxclipper The container ship industry has experienced significant change recently. An influx of new ships that boast more container capacity and cheaper fuel costs have caused shipping prices to drop and ocean liners to collect lower profits. However, many container ship and port terminal companies see this as an opportunity to expand…
Image via Flickr by jurvetson For years, companies in the U.S. have found it cheaper and more efficient to manufacture goods in China, which helped make China the world’s second-largest economy. This, however, also decreased manufacturing gains in America. In 2014, experts have seen a steady reversal, causing China’s economy to struggle. Conversely, the economic…
Image via Flickr by Curimedia | P H O T O G R A P H Y On March 17, Jet Airways announced that they will start operating dedicated freight planes instead of passenger-only planes. As long as the company gets regulatory approval, the first freight planes will begin operations in April 2015. Jet Airways…
Image via Flickr by Agência CNT de Notícias President Dilma Rousseff recently created diesel fuel taxes to help the government in Brazil shore up their fiscal accounts. This has caused fuel prices to skyrocket where most places around the world are actually experiencing lower than normal fuel. The diesel tax took effect on February 1,…
Image via Flickr by Dana Beveridge On Friday, Ohio Governor John Kasich, along with Jobs Ohio managing director Kristi Tanner and Fuyao chairman Cao Dewang, announced that the Chinese auto parts maker plans to purchase about one million square feet of the old General Motors plant in Moraine, Ohio. The new plant is expected to…
Image via Flickr Mehr Demokratie e.V. The U.S. has been working on a Transatlantic Trade and Investment Partnership (TTIP) with the E.U. However, it has been held up by European Parliament because some members are skeptical of the benefits to Europe. Additionally, some citizens are protesting the deal and making their voice known to parliament….