Foreign aircraft owners risk billions of losses in Russia
Foreign aircraft lessors are facing the increasing possibility of writeoffs that could total in the billions of dollars as Russia considers ways to defy worldwide…
European gas futures swing wildly as market faces war volatility
European natural gas prices roared to a record before slumping just as quickly, as the market faced extreme volatility amid the war in Ukraine.
Alcoa halts business with Russia as Ukraine invasion advances
Alcoa Corp., the largest U.S. aluminum producer, said it will stop selling products to Russian companies and halt raw-material purchases from the country in response…
ICTSI 2021 net income up 321% to US$428.57M; recurring net income 57% higher at US$442.83M
• Throughput increased 10% to 11.16 million TEUs
• Revenues grew 24% to US$1.87 billion
• EBITDA 30% higher at US$1.14 billion
Fertilizer maker Nutrien asks Canada to halt rail strike
Nutrien, the world’s biggest crop-nutrient producer, said it wants the Canadian government to stop a strike at one of the nation’s largest railways, because the…
Russia’s toxic oil sends tanker rates to ship it into a frenzy
For clues on how toxic Russian oil has become, look no further than the trade for tankers that export it.
EIA projects US energy consumption will grow through 2050, driven by economic growth
Energy consumption will increase in the United States over the next 30 years across a variety of economic scenarios as population and economic growth outpace…
Newly formed Cox Automotive Mobility Fleet Services an industry leader on day 1
Cox Automotive today announced the introduction of Cox Automotive Mobility Fleet Services, representing an evolution of its high-quality, full-service fleet solutions across scheduled and unscheduled…
Europe’s biggest port Is very worried about Russian war impact
Europe’s biggest port is where the sharp end of sanctions against Russia looks likely to hurt the Netherlands, even if the nation’s economic statistics might…
FTR reports preliminary North American Class 8 Net orders held steady in February at 21,100 units
FTR reports preliminary North American Class 8 net orders held steady in February, coming in at 21,100 units and meeting expectations. The order level for…
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