Asia News Updates

GovernmentBusinessFuelLogistics

US Crude Oil Exports Surge After Summer Lull

Shipments are expected to surpass 4 million barrels a day in August and September, reaching levels not seen since the start of the year, according to some market participants.

August 20, 2025
GovernmentBusinessLogisticsGlobal Freight

Port of Vancouver to Add 70% Capacity in Asia Trade Push

The Port of Vancouver kicked off the search for a company to build a new wharf to handle 70% more cargo, as the country looks for ways reduce economic reliance on the U.S.

July 10, 2025
BusinessTechnologyAutonomous

TuSimple to Wind Down US Operations, Lay Off 150 Employees

Self-driving truck technology provider TuSimple plans to lay off about 150 employees immediately, or 75% of the company鈥檚 U.S. workforce, and begin a wind-down of U.S. operations.

December 6, 2023
BusinessLogistics

Korean Exports Head for Record on Holiday Demand, Higher Prices

South Korea鈥檚 exports are on track to post an annual record, buoyed by year-end holiday demand and higher product prices even as supply chain bottlenecks continued to pressure manufacturers.

December 1, 2021
Government

FedEx, UPS Set New Asian Flights

UPS Inc. and FedEx Corp. Monday announced new flights connecting Asia with North America and Europe.

March 28, 2011