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Great Britain's historic decision to leave the European Union in Thursday's referendum has triggered a global stock selloff today, with MarketWatch reporting The Dow Jones Industrial Average lost 408 points, or 2.2%, to 17,617, shortly after Friday'
The U.S. Department of Commerce awarded the Maine International Trade Center its highest award for its contributions in expanding and promoting exports of U.S. products, the President's "E" Award for Export Service.
Export compliance may not sound like a sexy topic compared to the excitement of selling products internationally. But it can get exciting quickly if you ignore it: civil penalties for export license violations or sending sensitive goods to banned
The Portland-based Maine International Trade Center has announced the winners of the 2016 International Trade and Investment Awards, which will officially be presented on May 26 — Maine International Trade Day.
The strong U.S. dollar and softer economy in Europe are driving down lobster sales this Christmas, when the tasty crustaceans are being seen as an unaffordable luxury, according to the Associated Press.
U.S. Sen. Angus King is advocating for the construction of more Coast Guard icebreakers, a move that he says would benefit the state's economy.
The pipeline that has been sending crude oil from Portland Harbor to Montreal for nearly 75 years may become obsolete by the start of 2016 due to the upcoming completion of a major pipeline reversal project in Canada.
A report issued Thursday by the U.S. Department of Commerce said the proposed Trans-Pacific Partnership trade agreement would boost Maine exports to other countries in the agreement by removing nearly all tariffs on seafood, forest products,
The text of the Trans-Pacific Partnership, the largest regional trade accord in history, was released Thursday, but the impact for Maine is uncertain.
Business that have operations north of Bangor or outside the I-95 corridor are well acquainted with the frustrations of arranging shipping.
Maine will receive $20 million in federal funding to pay for more than half of freight railway upgrade project that's expected to remove bottlenecks and create faster and more reliable service.
Even with a strong year for lobster landings, Maine fishermen are reportedly receiving the highest prices for their haul since 2007.
The United States and 11 other Pacific Rim nations reached a deal on the Trans-Pacific Partnership, the largest regional trade accord in history, the New York Times reported Monday morning.
Chris Gardner might be forgiven if he thought the sun rises with his job. But, as executive director of the Eastport Port Authority, at the easternmost edge of the Eastern Time Zone, you could argue that the sun does rise on his job.
Whether it comes to giving back to the community or innovating for his company, Derek Volk always seems to be thinking, “What's next?”
Higher-than-expected liquor sales in Maine during the first year under a new state contract will provide taxpayers with a $46 million operating profit.