(Bloomberg) -- The Port of Los Angeles processed more container units last month than any other July on record, driven by retailers eager to get their...
-- The Port of Los Angeles processed more container units last month than any other July on record, driven by retailers eager to get their holiday goods in early.Johannesburg Mayor Quits Amid Infighting, Financial Woes
Meanwhile, cargo handlers moved more than 323,000 empty containers, a 54% increase over last year. “This substantial movement of empties back to Asia tells me there’s more cargo headed our way,” Seroka said.The International Longshoremen’s Association, which represents dockworkers at ports from Boston to Houston, is preparing to strike if there’s no deal on a new contract by the Sept. 30 deadline.
The dollar remained on the back foot on Wednesday after tumbling versus major peers overnight as a benign reading for U.S. producer prices reinforced bets on Federal Reserve interest rate cuts this year. Risk-sensitive currencies stayed strong after the unexpected softening in inflation buoyed equities, even with crucial U.S. consumer price index figures still looming later on Wednesday.
The market rally made a bullish move Tuesday, with several stocks flashing buy signals. But a CPI inflation report looms.After the COVID-19 pandemic, two strikes in Hollywood and with the impact of streaming and the advent of A.I, the media landscape has continued to shift and consolidate, as Warner Bros. Discovery CEO David Zaslav predicted as recently as the 2024 Allen & Co. Sun Valley Retreat.
Bloomberg Gene Seroka Container Units Holiday Goods Paul Bingham
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Port sees strong July thanks to grain shipmentsAbove average grain volumes led to a strong July for the Port of Thunder Bay
Read more »
A powerful explosion sets off a fireball on a container ship at a Chinese portBEIJING (AP) — A powerful explosion set off a fireball on a container ship loaded with hazardous goods at a major port on China's Pacific coast, state media ...
Read more »
Israel's Airstrike on Houthis Rebels in Yemen Sets Port City AblazeIsrael said it downed a missile launched by Houthi rebels, a day after the military launched an airstrike on Hodeidah, Yemen.
Read more »
Aptos defies altcoin trends as trading volume increases by 148%APT surges on weekly charts by 22.29%. Amidst 148% rise in trading volume, Aptos market cap has increased by 10%
Read more »
Solana’s trading volume spikes: Analyzing the impact on SOL pricesSolana volume saw a surge and so did its Total Value Locked (TVL), as activities of memcoins ramp up on the network.
Read more »
‘ETH is slow after Ethereum ETF’ – What happens now?From 23rd July to 26th July, Grayscale ETH ETF experienced over $1.5 billion in outflows, including $356 million on 26th July.
Read more »