Port of Oakland cargo volume up while vessel congestion continues
Imports rise 26 percent in May as marine terminal operators and dockworkers keep goods moving
Electric plane pioneer pivots to cargo drones
The man behind the only electric plane cleared to fly quickly discovered the challenges of converting world-leading technology into profits in a hotly contested, futuristic…
Dirty ship fuel is getting a boost from Beijing and hot weather
High-sulfur fuel oil markets are getting a boost as Chinese private refiners hunt for more straight-run fuel oil to use as a feedstock, and a…
KeepTruckin raises fresh funds valuing startup at $2.3 billion
KeepTruckin Inc. raised $190 million in a new funding round that values the San Francisco-based provider of fleet management software at $2.3 billion.
Latin steelmakers see opportunity to replace cheap China imports
Blast furnaces from Mexico to Argentina want to mitigate Latin America’s increasing dependence on Chinese steel, and a push by the Asian giant to clean…
China’s worse-than-Suez ship delays set to widen trade chaos
The global shipping industry, already exhausted by pandemic shocks that are adding to inflation pressures and delivery delays, faces the biggest test of its stamina…
US, U.K. reach Boeing-Airbus truce following EU agreement
The U.S. and U.K. reached a truce in a trade dispute involving Airbus SE and Boeing Co., agreeing to a five-year suspension on tariffs affecting…
BHP touts potash growth as major Canadian investment looms
Global demand for potash could grow by as much as 3% a year over the next decade, BHP Group said as the world’s biggest miner…
Trade war costs global value chains 3-5 years of growth, UN says
Trade shocks fueled by unilateral tariffs between the U.S. and China have undone three to five years worth of growth among global value chains in…
US-EU deal leaves doubts aircraft case will be resolved
The truce between the U.S. and the European Union over aircraft subsidies left intact doubts that the dispute will ever get fully resolved and end…
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