UPS CFO Newman departs
Newman will be leaving to focus on personal health, and the company is initiating a search for a new Chief Financial Officer...
A Stock Trader’s Guide to Xi’s Europe visit amid trade tensions
Chinese businesses from electric vehicles to infrastructure have much at stake from President Xi Jinping’s visit to Europe this week as trade tensions simmer.
Boeing faces FAA probe of Dreamliner inspections, records
Boeing Co. faces a new investigation by US aviation safety regulators after alerting authorities to potentially incomplete inspections on its 787 long-haul jetliner, further intensifying…
Container xChange market forecaster: Rising volatility in China’s container market as sellers hold back inventory amid uncertainty
• ‘Significant volatility in container rates in China, new prices almost every 48 hours’, comments container traders in China • Container xChange data shows container…
Key regulators express support for Norfolk Southern’s leadership and strategy and concerns with Ancora’s plan
• U.S. Department of Transportation and Surface Transportation Board recognize the importance of Norfolk Southern's safety-driven and service-oriented culture • Warn Ancora's plan would put…
The WestJet Group and AMFA reach tentative agreement, averting work stoppage
Both parties now await the ratification vote to be put forward to membership.
Port operator ICTSI is unfazed by trade turmoil, eyes new deals
Philippine billionaire Enrique Razon’s International Container Terminal Services Inc. is working on as many as four new port deals, an executive said, as the company…
Coresight and Jitsu research reveals 10% lift in conversion rates when retailers offer faster deliveries
Collaborating with Coresight Research, Jitsu polled consumers and retail execs to gain deeper insights into the last-mile delivery experience and brand impact
Maersk sees Red Sea conflict absorbing up to 20% ship capacity
A.P. Moller-Maersk A/S expects that the shipping industry this quarter will spend 15% to 20% of its Asia-to-Europe vessel capacity on sailing south of Africa…
U.S. airlines’ March 2024 fuel cost per gallon down 2.2% from February 2024
Aviation fuel consumption up 4.9% from pre-pandemic March 2019
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