Testimonials

We rate R W Freight excellent

India LCL Importer
91623

My import delivery of cargo from Sweden was on time with RW Freight Services.

Swedish Import Freight
77736

We rate RW Freight excellent for everything. We have numerous problems with collections with other freight companies, however never had any problems with RW Freight.

Germany Freight Exporter
71521

More Testimonials

air freight Australia Brexit Canada cargo China container containers Covid-19 Denmark exporters exports exports China Finland France freight freight forwarders freight forwarding Freight Shipping Germany Gothenburg Hong Kong imports India Ireland italy Japan logisitics logistics Netherlands Norway Poland rail freight russia Seafreight shipping South Africa Spain Sweden Sweden freight Swedish Switzerland Turkey USA wine

US trade deficit widens in August on higher imports

Tags: , , ,


The U.S.A trade deficit rose more than expected in August because a rise in imports offset higher exports.

The Commerce Department said last week that the trade gap widened 3 percent to $40.73 billion. Imports hit their highest level since September 2015, while exports were the highest since July of last year.

In August, exports of goods and services edged up 0.8 percent to $187.85 billion. Exports to China rose 2.6 percent and were up 1.2 percent to the EU. Exports to the United Kingdom rose 2.4 percent.

Imports of goods and services increased 1.2 percent to $228.58 billion in August. Oil prices averaged $39.38 per barrel in August, down 20.2 percent from a year ago.