LNG shut-ins? Covid-19 to also hit liquid gas as Europe will struggle to be the sponge for another year
A prolonged decline in demand will always bring storage constraints for fuels that need to be stored and shipped before being consumed. Oil has been…
HPD Lendscape enhances new supply chain finance offer to simplify access for North American SMEs
HPD LendScape, a leading secured lending platform vendor, today announces a new supply chain finance (SCF) solution. The new solution will make it simpler and…
Shoreside Logistics receives Foreign Trade Zone designation
Shoreside Logistics is pleased to announce its designation as a Foreign Trade Zone (FTZ). An FTZ is a secured site considered outside U.S. Customs territory…
XPO Logistics announces first quarter 2020 results
XPO Logistics, Inc. today announced financial results for the first quarter 2020. Revenue was $3.86 billion for the quarter, compared with $4.12 billion for the…
SVT Robotics raises $3.5 million seed funding led by Cowboy Ventures
SVT Robotics, a startup whose software accelerates and simplifies deployment of industrial robotics, announced today that it has completed its seed round of $3.5 million.…
Port of Oakland gets new service to Asia, includes Saudi Arabia
A sprawling vessel service begins this week with 18 megaships linking the Port of Oakland to Asia, including Saudi Arabia. A highlight of the new…
Behind the numbers, supply-chain chaos masks extent of Gulf pain
Supply disruptions that came with the global coronavirus pandemic are obscuring the distress among businesses in the two biggest Gulf Arab economies.
Branson’s Virgin Atlantic to cut 3,150 jobs, shutter Gatwick
Virgin Atlantic Airways Ltd. will eliminate 3,150 jobs, or a third of the workforce, and shutter its London Gatwick hub to ride out the coronavirus…
Nigeria cocoa exports stalled over Covid-19 safety protocols
Health protocols introduced by Nigerian authorities to curb the spread of the Covid-19 disease have delayed cocoa exports, leaving at least 30,000 tons stranded at…
US trade plummeted in March with record drop in exports
U.S. exports of goods and services plunged in March by a record and imports declined by the most in 11 years as the coronavirus pandemic…
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