China is racing to build coal storage capacity as prices soar
China’s authorities are accelerating efforts to build infrastructure to store reserves of coal after southern cities endured a new power crunch and with prices of…
U.K. economic growth accelerated in April as lockdown eased
The U.K. economy gathered momentum in April as shops, hairdressers and restaurants serving outdoors re-opened for business after months of lockdown to fight the coronavirus.Gross…
Anglo’s coal retreat may boost South African fossil-fuel output
Under pressure from investors and environmentalists, Anglo American Plc exited its South African coal business this week, but the spinoff could have an unforeseen outcome:…
Electric flying taxi backed by United Airlines unveiled in L.A.
United Airlines-backed startup Archer Aviation Inc. unveiled its future electric aircraft in traffic-choked Los Angeles, one of the cities where the company anticipates it will…
Naftogaz CEO pressing U.S. to block Nord Stream 2 completion
The head of the Ukraine’s state-owned oil and gas company was in Washington this week to deliver a message to U.S. lawmakers that allowing the…
Yellow Corp. defends Covid-aid loan in response to House inquiry
Trucking company Yellow Corp. said there was nothing inappropriate about the $700 million pandemic relief loan it received, and that it will “conclusively” confirm that…
Continental appoints leaders for US truck tire organization
• Tom Fanning responsible for Truck Tires, U.S. market • Scott Pall appointed head of Sales, Truck Tires, U.S. market • Carolina Wagner appointed head…
Adriatic Gate terminal marks 10th year with 2M TEU milestone
Adriatic Gate Container Terminal (AGCT), International Container Terminal Services, Inc.’s (ICTSI) Croatian subsidiary, has handled a cumulative throughput of two (2) million TEUs – a…
AirBridgeCargo Airlines signs three-year contract as the launch customer of WFS’ new cargo terminal at Atlanta Airport
AirBridgeCargo Airlines (ABC), part of Volga-Dnepr Group, has signed a three-year contract to become the launch customer of Worldwide Flight Services’ (WFS) new cargo terminal…
ZIM celebrates its historic NYSE IPO
A glorious Mediterranean sunset greeted the guests of ZIM’s historic IPO celebration at the residence of ZIM’s major shareholder, Idan Ofer, on the seashore in…
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