Afternoon Coffee: U.S.-China Trade War Update; Falcon Transport Co. Halts Operations

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It's time for the U.S. to send negotiators to China to hammer out details to end the trade war between the two countries. U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin will leave for Beijing on April 30.

Their visit will be followed up by a visit by Chinese Vice Premier Liu He to Washington on May 8. Discussions will include the setting up of an enforcement mechanism, and its success — or failure — will decide the fate of trade ties between the two nations in the years to come.

Ohio trucking company abruptly shuts down

Transportation logistics company Falcon Transport Co. has notified employees that it was halting operations with immediate effect. Founded in 1903, it has 550 employees and has provided services to clients including General Motors, Ford, Nexteer, Arcelor Mittal and U.S. Steel. It was purchased in 2017 by CounterPoint Capital Partners.

New courses in supply management

This fall, the University of Arkansas Hope-Texarkana will offer two courses in supply chain management, designed to train students for entry-level positions in logistics, transportation and warehouse management. The SCM program prepares graduates in the responsibilities of managing goods from raw materials to finished products ready for consumer use.

U.S. companies' manufacturing bases moving from China to India?

U.S.-India Strategic and Partnership Forum's (USISPF) President Mukesh Aghi told news agency Press Trust Of India (PTI) that many U.S. companies were in talks with the Forum to seek advice on setting up manufacturing bases in India as an alternate to China. He said about 200 such companies wanted to move base after the Indian general elections.

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