After the costliest Chapter 11 year in history, 2021 bankruptcy numbers will normalize if WTI keeps up
The combined debt of North American E&P and oilfield service companies that filed for Chapter 11 bankruptcy protection last year jumped to $102 billion, surpassing…
Rhenus Group announces rebrand in the Americas region
Rhenus strengthens its global brand in the Americas through recent acquisitions in the United States, Brazil and Canada. Acquired by the Germany-based logistics company in…
Diesel sales up 28% in 2020 boosting truck segment fuel economy
Sales of pickup trucks and sport utility vehicles (SUVs) with diesel engines grew 28 percent during 2020, even as overall auto sales declined by over…
US Department of Commerce announces first Biden-Harris appointments
The U.S. Department of Commerce today announced new appointees to lead the agency under the Biden-Harris Administration. The appointments represent a diverse and accomplished group…
Rock-it Cargo and Sound Moves combining to form single brand Rock-it Global
Over the decades, the live event and music touring industry has been able to choose between Rock-it and Sound Moves, the two leading providers of…
Delta to activate 400 idled pilots in sign of travel optimism
Delta Air Lines Inc. will return 400 pilots to full flying status by this summer, betting that the expansion of coronavirus vaccinations will trigger a…
Putin thrusts global food markets into Russian politics
Russia’s government is squeezing wheat exports to push down prices in a country with a long history of public anger over food costs.
Galveston Wharves delivering on goals in 2021 & beyond
Just as we set personal goals and resolutions in a new year, it’s a good practice for businesses too. The Galveston Wharves staff follows a…
UPS to sell trucking unit under CEO’s ‘better-not-bigger’ pledge
United Parcel Service Inc. agreed to sell its short-haul trucking business for $800 million, the first substantial move in the “better-not-bigger” strategy that Carol Tome…
Oil wavers with vaccine supply concerns adding to demand gloom
Oil fluctuated between small gains and losses with hiccups in the Covid-19 vaccine rollout signaling a further hit to demand.
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