Fevertree blames train strikes for weak sales
Fevertree Drinks Plc said train strikes in the lead-up to Christmas hurt sales and forecast that profit could decline in the current fiscal year as…
Southwest Air sees first-quarter loss after December crisis
Southwest Airlines Co.’s operations meltdown last month will lead to a first-quarter loss as the fallout extends into 2023 from a fiasco that resulted in…
Russian oil exports to India may hit new highs as interest grows
India’s oil processors are open to buying even more Russian crude if the price is right, said refinery executives, potentially providing a bigger outlet for…
Biden’s push to slash truck pollution has a hidden loophole
An exemption backed by engine manufacturers weakens the rule’s emissions-cutting potential.
How Europe needs freight trains to cross Russia from China
Giving Ukraine modern tanks remains a key question facing Kyiv’s allies after a meeting of top defense officials in Germany on Friday yielded little progress.…
Boeing’s DC powerbroker rebuilds clout after fallout from 737 Max crash
Boeing Co.’s rainmaker in Washington, a former auto lobbyist who goes by the nickname “Z,” is restoring some of the swagger that once made the…
ASML warns excessive export controls could inflate chip costs
ASML Holding NV Chief Executive Officer Peter Wennink warned excessive control measures could lead to higher costs for chipmakers, as the US asks allies from…
TT Club supports NaVCIS to help combat freight crime
The National Vehicle Crime Intelligence Service (NaVCIS) is a police unit with a freight team that collates, analyses and disseminates Road Freight Crime information across…
Shipping-cost drop a ‘smoking gun’ foretelling inflation to cool
The pandemic-era surge in shipping costs was a “smoking gun” that foretold the global inflation spike, and the sharp drop in maritime-freight expenses since peaking…
2M alliance between Maersk and MSC to discontinue in January 2025
We are writing to inform you that following a thorough evaluation process, Maersk and MSC have mutually agreed to discontinue the 2M alliance, set to…
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