China has effectively extended its trade truce with the U.S. by two months, after announcing it would continue to suspend certain trade measures.
The trade truce was due to expire on November 10, with Chinese President Xi Jinping and U.S. President Donald Trump expected to meet for the third time so far this year at the APEC leaders' summit in China the following week.
Maritime employers and the union representing security watchmen at the ports of Los Angeles and Long Beach have extended their negotiating deadline to Nov. 20, postponing a potential strike at the nation’s busiest container-port complex.
The Pacific Maritime Association, which represents employers, and the International Longshore and Warehouse Union’s Local 26 agreed to allow more time for bargaining. The negotiations cover approximately 250 security workers, and operations have continued
The International Maritime Organization (IMO) is calling for stronger protections for merchant ships and their crews as continued attacks in the Middle East, Red Sea and Black Sea put seafarers at risk and threaten vital shipping routes.
The warning follows the IMO Council’s 138th session in London last week, where members addressed a growing list of maritime security threats, including the war involving Iran, Houthi attacks in the Red Sea and Russian strikes on shipping and port infrastructure in Ukraine.
Boeing Commercial Airplanes chief Stephanie Pope told employees the planemaker will trim 5% of its commercial airplane workforce, the Seattle Times reported on Monday.
The move comes at a time when the company is working to step up production, address quality snarls and ramp up deliveries of 737 MAX and 787 jets after years of regulatory scrutiny and disruptions.
Import volume at the nation’s major container ports is expected to taper off for the remainder of the year following an extended peak season that has kept docks busy since the spring, according to the Global Port Tracker report released today by the National Retail Federation and Hackett Associates.
“U.S. ports have seen high volume levels throughout this year’s longer-than-usual peak season and numbers are still strong even as the season winds down,” NRF Vice President for Supply Chain and Customs Policy Jonathan Gold said. “Unfortunately, these volumes have led to backups at some ports, particularly on the West Coast where cargo has sat for extended periods waiting to be transferred to rail cars. We’ve also seen the threat of a strike at the nation’s largest port complex in recent days. Nonetheless, most holiday merchandise is already here, and retailers are working closely with their supply chain partners to ensure that the supply of holiday gifts continues to flow smoothly.”
German exports rose more than expected in September by 2% compared with the previous month, driven mainly by demand from European Union countries, data from the federal statistics office showed on Monday.
Analysts polled by Reuters had forecast a 0.5% increase, following two consecutive drops in August and July.
Mitsui OSK Lines (MOL) has posted a net profit of JPY179.2bn ($1.13bn) for the first half of 2026, outperforming its own forecast by more than 30% and leading the group to revise its full-year pre-tax profit forecast upwards to JPY345bn from JPY145bn.
Profits outperformed across the group’s segments, aside from a JPY0.9bn shortfall in the Chemical Logistics Business. The main driver of the improvement was MOL’s containerships business, which recorded a first half profit of JPY73.4bn, 66% ahead of its forecast.