Recent and archived news stories on: Manufacturing, agribusiness, chemicals, electronics, energy, fabrication, plastics, textiles, international trade, shipping, logistics

Exports Fall, Imports Flat as Trade War Hits Southern California Ports

The U.S.-China trade war is pounding the San Pedro Bay ports. Import volumes were essentially flat year over year in July as exports declined 5.1%.

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Mattel Shares Tumble After Bond Sale Stopped Over Whistleblower Letter

Barbie-maker Mattel’s stocks tumbled Friday after the El Segundo-based company announced it terminated the sale of senior notes, so it could investigate an anonymous whistleblower letter.

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Platinum Equity Buys Wesco Aircraft for $2B

A portfolio company of Beverly Hills-based private equity firm Platinum Equity has paid $1.9 billion to buy Wesco Aircraft Holdings Inc., a Valencia-based aerospace parts and supply chain services provider.

Ecommerce Apparel Co. Revolve Reports Loss in First Period Since Going Public

Social media fueled Revolve’s shares sank on Friday after the Cerritos-based ecommerce apparel company reported a $28 million loss.

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Beyond Meat Loses Sizzle

FOOD: Stock slides as competitors gain ground

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Mendocino Taps New CEO

RESTAURANTS: Miles joins from Zoës Kitchen

Mendocino Farms names a fast-casual pro as its new CEO.

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Alibaba Courts LA Businesses

Chinese ecommerce giant wants US cos. to sell wholesale on its site

Chinese ecommerce giant wants US cos. to sell wholesale on its site

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Chinese Aluminum Magnate Indicted in $2 Billion Tariff Scheme

Feds say scheme played out at ports and in Southland warehouses

Chinese billionaire and founder of one of the world’s top aluminum companies has been indicted for evading $1.8 billion in U.S. tariffs on products he shipped in through the Los Angeles and Long Beach ports and stockpiled in warehouses around Southern California.

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Investors Lose Taste for Beyond Meat

The El Segundo-based company’s shares, which saw their initial price jump to more than $230 from $25 since the company's Wall Street debut three months ago, stumbled in the day following the company's July 29 earnings report to below $200.

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Northrop Grumman's Valley Operation Secures $167 Million Contract

Northrop Grumman Corp. has received a $167 million contract from the U.S. Navy to produce Lot 8 of its advanced anti-radiation guided missile system.

LA Port Project is Derailed

Shipping: $130M facility sought to speed operations

Jonathan Rosenthal takes the Port of L.A. to court over nixing new cargo yard.

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Colony Capital to Invest Up to $500 Million in Oil Field in Central CA

Downtown real estate investment firm Colony Capital Inc. is putting an initial $320 million toward a joint venture with Chatsworth-based energy exploration California Resources Corp.

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Avery Dennison Moves Higher on Q2 Results

Avery Dennison Corp. beat Wall Street estimates on earnings, sending the company’s stock up more than 4 percent.

Labor Unions Gaining Momentum

Potential for actions by workers increases

Unions across several industries are poised for action as the movement gains ground.

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Lorena Camargo • Pearl Transportation & Logistics

A different approach

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