Afternoon Coffee: A look at U.S. companies’ pre-tariff import push; McDonald’s to roll out meatless burgers in Canada


According to a report, U.S. imports of consumer and capital goods jumped the most all year in August, even as other major categories slowed down, according to Bloomberg. The Trump administration had announced 10% tariffs on Chinese items at the start of that month, which had left companies scrambling to boost shipments of exactly those goods before getting hit with higher prices starting Sept. 1.

The goods trade data released has not included merchandise shipments, nor does it break down regions. Some assumptions can be made because this has happened several times before, when Trump announced or threatened tariffs to be imposed on China. Executives said trade uncertainty was coming in the way of business growth, reports Bloomberg.

UPS completes expansion of Tennessee sorting and distribution facility

Atlanta-based transportation and logistics giant UPS said it had completed the multi-phased expansion of its ground package sortation and distribution facility in Whitescreek, Tennessee.

The result – over 300 new full-and part-time jobs to the region. UPS officials said Tennessee-based businesses and consumers will see benefits from the facility’s expanded sortation and distribution facility soon.

Wind companies, government officials meet on new energy

A day-long conference at the State University of New York Maritime College on Thursday saw wind company executives, state officials and the maritime industry representatives getting together to talk about the industry’s coming workforce needs and potential for job growth. Offshore wind energy developers are moving to set up their first U.S. manufacturing and support bases, with New York and New Jersey seeking a combined 12 gigawatts of new energy by 2030.

The Denmark-based Ørsted and a German steelmaker together are putting up a manufacturing hub in southern New Jersey to finish turbine foundations for its Ocean Wind project off Atlantic City, said Fred Zalcman, who heads market development for its U.S. division, according to this article.

McDonald's to test plant-based burger in Canada

Fast food chain McDonald’s will roll out Beyond Meat burger patties for a plant-based burger test in Canada. The chain said it will sell the new product, featuring a patty crafted exclusively for McDonald’s, at 28 restaurants in Ontario during a three-month trial run, said a report in the NYT.

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