Brexit may make UK inflation worse, BOE’s Saunders says
Britain’s departure from the European Union may make the economy more sensitive to inflation, a Bank of England rate setter said.
Gates sells $940 million of CN Rail stock, trimming stake to 9%
Bill Gates sold about $940 million of Canadian National Railway Co. shares, trimming one of the largest holdings of the investment firm that controls his…
Geek+ to debut revolutionary robotics solutions PopPick and 8-meter RoboShuttle at LogiMAT 2022
Geek+, the global leader in AMR technology, is proud to be returning to the LogiMAT logistics trade show (31 May–2 June, 2022) to showcase its…
Air Premia selects ECS Group as its GSA
Globe Air Cargo (GAC) Korea, a subsidiary of ECS Group, is proud to serve as GSA to Korea’s young and ambitious hybrid service carrier, Air…
Mitsubishi Shipbuilding and NYK Line obtain Approval in Principle (AiP) from Classification Society ClassNK for large LCO2 carrier
Mitsubishi Shipbuilding, a part of Mitsubishi Heavy Industries (MHI) Group, and Nippon Yusen Kabushiki Kaisha (NYK Line) have been granted Approval in Principle (AiP)(Note) from…
Supply chain congestion increases threat of cargo theft
Joint report of 2021 global cargo theft trends finds shift in emphasis from risk of in-transit, vehicle- based attacks to losses while cargo is at-rest…
Germany to stop Russian oil imports regardless of EU sanctions
Germany plans to stop importing Russian oil by the end of the year even if the European Union fails to agree on an EU-wide ban…
Debt-laden Sri Lanka to privatize airline to stanch losses
Sri Lanka, which is set to default on foreign debt and is printing money to pay local salaries, plans to sell its national airline to…
JetBlue goes hostile with reduced $3.3 billion Spirit bid
JetBlue Airways Corp. made a hostile $3.3 billion cash bid for Spirit Airlines Inc., appealing directly to shareholders in an effort to prevail over a…
Ryanair calls Boeing managers ‘headless chickens,’ seeks shakeup
Ryanair Holdings Plc Chief Executive Officer Michael O’Leary joined in industry criticism of Boeing Co.’s leadership, saying the company needs a shakeup as production snags…
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