Chinese solar firm plans tours to rebut forced labor claims
U.S.-listed Daqo New Energy Corp. has fired back at allegations that forced labor is used at factories in the western Chinese region of Xinjiang, saying…
Airline gives surprise profit outlook even as planes remain grounded
ANA Holdings Inc. issued a surprise profit outlook for the fiscal year, even as international air travel to and from Japan remains limited and countries…
Virgin Atlantic banks on U.K. travel plan to revive network
Virgin Atlantic Airways Ltd. said places tipped to be on a U.K. list of destinations set to reopen from mid-May could bring back a significant…
Myanmar to export 2 million tons of rice even as hunger grows
Myanmar still expects to export 2 million tons of rice this year, despite a warning from the World Food Programme that millions of people in…
Sawmills are selling boards faster than they can cut them
Lumber demand is so strong that Resolute Forest Products Inc.’s order book exceeds its inventory, according to Chief Executive Officer Remi Lalonde.
China accuses Australia of economic coercion as ties deteriorate
China’s top diplomat in Canberra blamed Australia for deteriorating ties between the nations, accusing it of economic coercion and “provocations” in a wide-ranging speech that…
GM to invest $1 billion to build electric vehicles in Mexico
General Motors Co. is extending its electric vehicle plans south of the border with an investment of more than $1 billion in Mexico, adding a…
Xeneta container rates alert: shippers on the ropes as long-term contracted rates hit highs and Ever Given chaos continues
Long-term contracted ocean freight rates are continuing their dizzying ascent, with a 4.1% climb in April leaving container shipping costs up 21.1% year-on-year, with a…
Research illuminates the impacts of Brexit on transport and logistics companies
New study from DDC FPO uncovers the realities of post-Brexit business challenges
Railroads back bipartisan grade crossing improvement legislation
Today, Sens. Maria Cantwell and Roy Blunt introduced bipartisan legislation to create a $500 million competitive grant program that would support the elimination of certain…
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