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☆ Imports from China to the US are rising at the highest rate since last fall
▼ + stars: | 2024-04-10 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +5 min

Imports coming to the U.S. from China are experiencing a notable increase, according to new trade and logistics data. The first half of 2024 is expected to total 11.7 million TEUs (twenty-foot equivalent units), an increase of 11% from the same period last year. In 2023, imports were down from 2022 by almost 13%, totaling 22.3 million TEUs. By comparison, New York/New Jersey processed 7.81 million TEUs, Georgia 5.4 million TEUs, Virginia at 3.3 million TEUs, Charleston 2.5 million TEUs, Jacksonville 1.3 million TEUs, and Miami 1.25 million TEUs. The other reason for the recent container push is fears of a labor strike at East Coast and Gulf ports.

Persons: John Gold, Francis Scott Key, Jason Hilsenbeck, Drayage.com, Paul Brashier, Brashier Organizations: Future Publishing, Getty, Global, National Retail Federation, Hackett Associates, Francis Scott Key Bridge, Miami, ITS Logistics, CNBC, Baltimore, West Coast, U.S ., Port / Railroad, Longshoremen's Association, United States Maritime Alliance Locations: Taicang, Jiangsu province, China, U.S, Panama, Port of Baltimore, East Coast, New York, New Jersey, Georgia, Virginia, Charleston, Jacksonville, Port of Virginia, Norfolk, Baltimore, NY, NJ, Norfolk and New York, West, West Coast North, U.S . East Coast, West Coast, Los Angeles, Long Beach, Long, Gulf, East

☆ Iranian and Hezbollah commanders help direct Houthi attacks in Yemen, sources say
▼ + stars: | 2024-01-21 | by ( ) www.cnbc.com time to read: +8 min

Luke Dray | Getty ImagesCommanders from Iran's Islamic Revolutionary Guards Corps (IRGC) and Lebanon's Hezbollah group are on the ground in Yemen helping to direct and oversee Houthi attacks on Red Sea shipping, four regional and two Iranian sources told Reuters. In his weekly news conferences, Iran's Foreign Ministry spokesman Nasser Kanaani has repeatedly denied Tehran is involved in the Red Sea attacks by the Houthis. Houthi spokesperson Mohammed Abdulsalam denied any Iranian or Hezbollah involvement in helping to direct the Red Sea attacks. The person said Iranian commanders had travelled to Yemen as well and set up a command centre in the capital Sanaa for the Red Sea attacks which is being run by the senior IRGC commander responsible for Yemen. Mohammed Hamoud | Getty ImagesAccording to two former Yemeni army sources, there is a clear presence of IRGC and Hezbollah members in Yemen.

Persons: Luke Dray, Washington, Nasser Kanaani, Houthi, Mohammed Abdulsalam, Saleh al, Samad, Mohammed Hamoud, Abdulaziz al, Sager, Adrienne Watson, Abdulghani, Abdulsalam, Bashar al, Assad, Ali Khamenei Organizations: Getty, Islamic Revolutionary Guards Corps, Hezbollah, Reuters, Hamas, Foreign, Guards, Gulf Research, White House, U.S, Sana'a Center, Strategic Studies, Iranian Guards Locations: Djibouti, Yemen, Iran, Gaza, Israel, Tehran, Sana'a, Saudi, Asia, Europe, Gaza ., Lebanese, Iraq, Syria, Iranian, Bab, Sanaa, Afghanistan, Pakistan, Washington, Gulf, Islam

☆ PrEPVacc: HIV vaccine trial that could be ‘the last roll of the dice’ this decade is underway
▼ + stars: | 2023-08-28 | by ( Tom Page | Thomas Page | ) edition.cnn.com time to read: +24 min

CNN —A novel trial that has been described as “the last roll of the dice” for a generation of HIV vaccines has entered its latter stages. Nearly 40 years since HIV was identified as the cause of AIDS, and 36 years since the first HIV vaccine trial, the medical community still does not have a working vaccine. But that is not necessarily why they were chosen to participate, said Eugene Ruzagira, PrEPVacc trial director. Evaluating the combination of a trial HIV vaccine and PrEP is a first, say organizers. “I did my very first HIV vaccine trial in 1991,” recalled Weber.

Persons: PrEPVacc, ”, Jonathan Weber, Frank, Helena Herholdt, Eugene Ruzagira, Ruzagira, “, Weber, ” Ruzagira, “ We’ve, Mark Runnacles, Edward Jenner, Louis Pasteur, Galileo, Win McNamee, Humphry Davy, JEAN, SEBASTIEN EVRARD, Haydn West, Joe Raedle, ANNE, CHRISTINE POUJOULAT, Alexander Fleming, Fleming, wasn't, Louise Joy Brown, Sandy Huffaker, Daniel Acker, James Watson, Francis Crick, Rosalind Franklin, Watson, Crick, Raphael GAILLARDE, Sean Gallup, Wilhelm Conrad Röntgen, Thomas Edison's, INDRANIL MUKHERJEE, Descovy, Luwano Geofrey, Dr, Luke Dray, Geofrey, Nishanta Singh, Sharon Lewin, Lewin, “ it’s, it’s, ” Lewin, ” Geofrey Organizations: CNN, Imperial College Academic Health Science Centre, PrEPVacc, Medical Research, Uganda Virus Research Institute, European Union, Smithsonian National Museum of, Cleveland Clinic, Volvo, Bayer, U.S . Food, Drug Administration, Getty, Keystone, — Farmers, Food and Drug Administration, FDA, Bloomberg, PANTHAKY, PrEP, US Centers for Disease Control, Independent, The University of Melbourne, International AIDS Society, Muhimbili University of Health, Allied Sciences, Dar Locations: Entebbe, Uganda, Thailand, London, Mbeya, Tanzania, South Africa, Ugandan, Durban, Masaka, Salam, African, Africa, China, FPG, AFP, United States, America, U.S, Peoria , Illinois, Europe, “, Dar es Salaam, Rwanda

☆ Industrial sector earnings on deck: What to expect from GE and 3M
▼ + stars: | 2023-07-24 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIndustrial sector earnings on deck: What to expect from GE and 3MDeane Dray, RBC Capital, joins 'Power Lunch' to discuss industrial inspection as GE and 3M report earnings tomorrow.

Persons: Deane Organizations: GE, Deane Dray, RBC Capital

☆ Here's an unusual derivative play off the A.I. boom
▼ + stars: | 2023-06-22 | by ( Samantha Subin | ) www.cnbc.com time to read: +1 min

One liquid cooling stock could be an unexpected beneficiary of the artificial intelligence boom as datacenters power stronger workloads, according to RBC Capital Markets. Liquid cooling demand could add one percentage point of annual growth for the company over the next five years, according to RBC. "Rising electricity prices, cost-effectiveness, space optimization through higher densities, AI growth, and ESG considerations are among the key market drivers," Dray said. "As the digital landscape continues to evolve, liquid cooling is poised to play a pivotal role in meeting the escalating cooling demand of modern datacenters." He also highlighted Dover , Eaton and Wesco as names with exposure to liquid cooling.

Persons: Deane Dray, Dray, CNBC's Michael Bloom Organizations: RBC Capital Markets, RBC, datacenters, Digital Realty Trust Locations: Pentair, Dover, Eaton

A fountain at Hermon High School in Maine is taped shut after the water tested over the state's safety limit for PFAS chemicals. The school's water recently tested above the state's safety limit for PFAS, or per- and polyfluoroalkyl substances, often referred to as "forever chemicals." According to the Environmental Protection Agency, even tiny exposure to PFAS in drinking water could pose a serious health risk. Hermon High School is just one example of PFAS contamination currently affecting the community, according to Maine's attorney general, Aaron Frey. The company also expressed a commitment to remediate PFAS contamination, invest in water treatment and collaborate with communities.

Persons: Stephen King —, Micah Grant, Grant, Aaron Frey, Frey, Farmer Adam Nordell, " Frey, Wisconsin —, they've, they're, Scott Gottlieb, Gottlieb, —, du Pont, du Pont de Nemours, Corteva Agriscience, Corteva, Chemours, Deane Dray, Dray, Ben Brewer, It's, 3M's, Eric Rucker, Biden, Gianna Kinsman, Kinsman, PFAS Organizations: Hermon High School, CNBC, Hermon School, Environmental Protection Agency, CNBC Maine, DuPont, 3M, Centers for Disease Control, FDA, Manufacturers, du Pont de, Chemours, Dow, State, RBC Capital Markets, 3M Global, Bloomberg, Getty, RBC Capital, Law, Capstone, Republican, Biden Locations: Bangor , Maine, Maine, Maryland, Rhode Island, Massachusetts, Alaska , California , Colorado , Delaware, Florida , Illinois , Michigan, Minnesota , New Hampshire , New Jersey , New York, North Carolina , Ohio, Vermont, Wisconsin, Minnesota, Delaware, Stuart , Florida, Stuart, Maplewood , Minnesota

☆ Xylem continues to be a top pick as water quality concerns make headlines, says RBC's Deane Dray
▼ + stars: | 2023-03-31 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailXylem continues to be a top pick as water quality concerns make headlines, says RBC's Deane DrayRBC Capital's Deane Dray joins 'Closing Bell Overtime' to share his top picks for the industrial sector, and industrial picks influenced by risk appetite, and GE's portfolio simplification creating room to run.

☆ East Coast ports including New York are winning a domestic trade war at the expense of California
▼ + stars: | 2022-12-15 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +10 min

According to ITS Logistics which monitors rail cargo trends, the volume of freight moving out of the East Coast doubles that of the West Coast. East Coast ports making major investments East Coast ports like Georgia, Virginia and Maryland have been increasing their investment to accommodate the increase in rail capacity. "CSX continues to see the East Coast ports as a growth opportunity as volumes shift from congested West coast gateways," said Cindy Schild, CSX spokesperson. West Coast port declinewatch nowCargo volumes on the West Coast remained soft at the Port of Los Angeles in November, which saw a 21% decrease year over year in volumes. While the East Coast gains are significant, there was a "leveling" off of imports detected on the East Coast in November, according to port TEU data from the CNBC Supply Chain Heat Map.

☆ The world is running out of fresh water. How to invest in the companies trying to prevent this crisis
▼ + stars: | 2022-11-07 | by ( Christina Cheddar Berk | ) www.cnbc.com time to read: +10 min

Many operate in areas like filtration and desalination, testing and analytics or smart water networks that can help use water more efficiently. It also invests in water solutions companies like Danaher even if the share of their revenue from water-related businesses is below the 30% threshold the fund typically requires. Water metering also is important for conservation efforts, and companies in this space include Xylem , Badger Meter and Roper . As a pure-play water company, he expects it to take advantage of several industry trends. In the water quality space, Evoqua Water Technologies is a name RBC likes.

☆ Uganda applies well-honed lessons to new Ebola outbreak
▼ + stars: | 2022-10-22 | by ( Mithil Aggarwal | ) www.nbcnews.com time to read: +7 min

Now, the East African country — lauded for its coronavirus response, which was built around engaging the community and training health officials — is drawing lessons from the first Ebola outbreak in 2004. “They alerted the WHO early and put in the basic pillars of a response early,” Dr. Benjamin Black, an obstetrician, said recalling the West African Ebola response from 2014 to 2016. But Ghebreyesus said Wednesday a clinical trial of vaccines to combat the Sudan species of the Ebola virus could start within weeks. “There’s burnout amongst health workers, health officials and the public across the board in Uganda,” Agoada said. The threadlike Ebola virus spreads when it comes in contact with an infected person’s bodily fluids.

☆ Watch CNBC's full interview with RBC Capital Markets' Deane Dray
▼ + stars: | 2022-09-20 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with RBC Capital Markets' Deane DrayDeane Dray, RBC Capital Markets managing director, joins 'Power Lunch' to discuss 3M's pivot to hydrogen and clean energy, whether General Electric's recent warning is a sector-wide warning or an isolated case and more.

☆ Every industrial company is talking about supply chain pressures, says RBC's Deane Dray
▼ + stars: | 2022-09-20 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEvery industrial company is talking about supply chain pressures, says RBC's Deane DrayDeane Dray, RBC Capital Markets managing director, joins 'Power Lunch' to discuss 3M's pivot to hydrogen and clean energy, whether General Electric's recent warning is a sector-wide warning or an isolated case and more.

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