World's largest steel maker said Wednesday it would not lift its sharp production cuts as long as steel demand remains low and until stocks are used up.
Federal Statistical Office said exports fell 23.1 percent to $86.3 billion in February, while imports fell 16.4 percent to $74.2 billion.
Chrysler says a Massachusetts-based company will supply lithium-ion batteries for the automaker's first-generation electric cars scheduled to go on sale next year.
Statistics Canada reports the U.S. accounted for 65.7 percent of Canada's total merchandise trade in 2008, down from 67.2 percent in 2007.
Import prices fell by 6.4 percent, the steepest decline in more than a decade, due mostly to a 26 percent drop in energy costs, the Federal Statistical Office said.
Chicago-based aerospace giant delivered 121 jetliners in the first three months of 2009, a 5 percent rise from the same period last year, despite weaker demand for planes.
Trip comes ahead of a meeting of a high-level U.S.-Chinese economic forum held twice a year on economic and trade issues, a Chinese newspaper said.
Federal Statistical Office said import prices marked their biggest decline in a decade, falling 5.4 percent from the same month a year earlier due mostly to cheaper fuel.
Nearly a quarter of the pork produced in the U.S. goes abroad, giving new life to an industry that produces more pork than Americans can eat.
Tariffs affect about $2.4 billion in annual trade and 89 U.S. products and are in retaliation for a U.S. decision to cancel a cross-border trucking program.
Supply chain managers surveyed by Longbow Research said current economic environment favors rails, and availability of adequate rail capacity replaced fuel prices as a top concern.
Lawmakers are preparing to cut off the money for a 1½-year-old pilot program that opened the way for up to 500 Mexican trucks from 100 operators to drive deeper into the U.S.
AvtoVAZ has stopped production again due to a renewed dispute with parts suppliers, which request being paid fully in cash as they are hit hard by the credit crunch.
Automotive parts maker will supply drivetrains for defense contractors Lockheed Martin Corp. and BAE Systems under a $20 billion military vehicle program.
Head of global shipping giant UPS warned Thursday against buying into the argument that global trade siphons away U.S. jobs.
Ministry of Finance said the trade deficit for the month widened to $9.92 billion -- the biggest gap since 1979 -- as exports fell 46 percent.
Heavy highway congestion and increased concerns about fuel prices and global warming in recent years have revived interest in shipping more of the nation’s freight via boats.
Survey by Longbow Research found about 84 percent of participants say that demand for truckload services declined year-over-year during January.
Obama administration wants labels for fresh meat and other foods that would show more clearly where it came from, according to consumer groups briefed on the issue.
Commerce Department says inventories fell 1.3 percent, far worse than the 0.9 percent decline analysts expected and the largest cut since October 2001.
European car makers called for the European Union to scrap a draft free-trade deal with South Korea, saying it won't let them increase exports during a sales slump at home.
German corporation said it will delay the planned start of stainless steel production at a $4 billion plant in Alabama.
Saudi Arabia said Wednesday OPEC will slash a record 2 million barrels from its daily production as of Jan. 1, while Russia and other OPEC outsiders announced their own cutbacks.
In its December Monthly Oil Report, OPEC said world oil demand was forecast to average 85.7 million barrels per day in 2009, down 150,000 barrels per day from 2008 levels.