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OOCL named “Best Green Shipping Line” again at 2024 Asian Freight, Logistics and Supply Chain (AFLAS) Awards
Orient Overseas Container Line Ltd. (OOCL) has received the “2024 Asian Freight, Logistics and Supply Chain (AFLAS) Awards - Best Green Shipping Line” trophy at…
Russian oil deliveries keep getting cheaper despite sanctions
Group of Seven sanctions aimed at depriving the Kremlin of petrodollars are failing in one of their key objectives: driving up the cost of delivering…
China only recently responded to EU on tariffs, ambassador says
China responded only recently to the European Union’s requests for talks in the bloc’s investigation into subsidies for electric vehicles despite its attempts to engage…
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Beating the odds: With its latest hire, Valley breaks through to a fourth generation
While statistics show that most family-owned companies fizzle before spanning multiple generations, Hudson, Wisconsin-based Valley Companies has upended the odds. Not only has current CEO…
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Revolutionizing vehicle imports: How VIN decoders are streamlining compliance
Thanks to growing international trade and technological breakthroughs, the global automotive sector is changing quickly. Regulatory compliance becomes more challenging as the demand for imported…
China’s BYD is poised to build $1 billion EV plant in Turkey
Turkey will soon unveil an agreement with BYD Co. to construct a $1 billion plant in the west of the country, Turkish officials said, boosting…
Chevron puts workers on furlough at idled German biofuels plant
Chevron Corp. is putting workers on furlough at a German biodiesel plant that has been out of operation because of oversupply in the market.
China-bound oil tankers hit two-year low in warning for bulls
The number of supertankers headed for China dropped to the lowest in almost two years, adding to recent concerns about demand in the largest oil…
Europe’s cheap airline stocks fail to get a peak season boost
The high season for summer travel has been abysmal for European airline shares so far.
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Foremen at BC port give DP World Canada 72-hour strike notice
A union representing ship and dock foremen in British Columbia has issued a 72-hour strike notice against DP World Canada.