Asia News Updates

Business, Technology, Autonomous

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’s U.S. workforce, and begin a wind-down of U.S. operations.

December 6, 2023
Business, Logistics

Korean Exports Head for Record on Holiday Demand, Higher Prices

South Korea’s 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