Stunning coal rally halts in China as government issues warnings
A spectacular rally in coal futures in China hit an abrupt halt as the government began a policy blitz intended to tame prices and ease…
CN Rail CEO Ruest to quit as Hohn heaps pressure on board
(Bloomberg) -- Canadian National Railway Co. said Chief Executive Officer Jean-Jacques Ruest plans to retire by the end of January, handing an apparent victory to…
Jet fuel price surge is clouding U.S. airlines’ recovery plans
Jet fuel prices are surging above pre-pandemic levels, an ominous headwind for airlines plotting a recovery from more than a year of losses. Despite lackluster…
United Airlines posts smaller loss after variant wrecks profit plan
United Airlines Holdings Inc. posted a narrower loss than analysts had expected as a dip in demand from a summer surge in the coronavirus delta…
Double-digit price hikes on China exports add to inflation risk
Business is booming for Zhejiang Zhendong Leisure Products, which churns out about 1 million folding chairs a year from its factory in eastern China, many…
Union Pacific taking cargo around-the-clock near L.A. ports
Union Pacific Corp. has begun receiving trucks around-the-clock at its freight facility near the ports of Long Beach and Los Angeles, extending operating time by…
U.S.-China deal on Huawei CFO may ease Canada’s canola woes
(Bloomberg) -- The resolution of U.S. criminal charges against Huawei Technologies Co.’s chief financial officer is boosting optimism that China and Canada can resolve a…
Port of Oakland sees no backlog on docks, calls for cargo
Clear sailing for absent vessels to return midst supply chain woes elsewhere
FourKites expands its ocean visibility platform with Dynamic ETA for Ocean and new tools to manage demurrage and detention
FourKites®, the world’s leading real-time supply chain visibility platform, today introduced new AI-powered innovations as part of its Dynamic ETA® for Ocean offering, which provides…
Port Manatee container trade skyrockets 53.3 percent in record fiscal 2021
Port Manatee’s skyrocketing containerized cargo trade continues to rise to record heights – soaring more than 53 percent in the just-ended fiscal year – while…
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