A stalled conflict in Sahara risks reigniting as trade blocked
Protesters in the disputed region of Western Sahara blocked Morocco’s main trade route to West Africa, prompting a warning that a conflict suspended for three…
Lufthansa bleeding cash with flights stunted by lockdowns
Deutsche Lufthansa AG said it needs to double operations from current levels if it’s to stem losses, delivering a stark assessment of the challenge facing…
German factory orders rose for fifth month in September
German factory orders extended their recovery in September, albeit at a slower pace, suggesting industry will support Europe’s largest economy through the second wave of…
Apple faces shortages in power chips for iPhone 12
Apple Inc. is grappling with a shortage of vital chips that manage power consumption in iPhones and other devices, people with knowledge of the matter…
Sorry, Boeing, the yacht had to go
A $13 million price tag for a corporate perk is pennies compared with the aerospace giant's huge debt burden, but at this point every bit…
EU, UK warn of big disagreements after intensive Brexit talks
The European Union and U.K.’s top Brexit negotiators warned of big disagreements between the two sides after 14 days of intense, round-the-clock discussions failed to…
MODE Transportation appoints of Lance Malesh as President & CEO and Jim Damman as Chairman
MODE Transportation announced today that Lance Malesh has been appointed President & Chief Executive Officer of the Company. Jim Damman, who has led the Company…
Rail Traffic for October and the Week Ending October 31, 2020
U.S. railroads originated 912,772 carloads in October 2020, down 6.6 percent, or 64,634 carloads, from October 2019. U.S. railroads also originated 1,169,874 containers and trailers…
[FBX Weekly Ocean rates steady to start the month, as air cargo continues to climb
The pandemic has impacted the supply chain in many ways, including speeding the adoption of logistics technology to handle volatility. Air cargo eBookings on WebCargo,…
USDOC issues APCDD for passenger vehicles and light truck tires from Vietnam
\U.S. Secretary of Commerce Wilbur Ross announced an affirmative preliminary determination in the countervailing duty (CVD) investigation of passenger vehicle and light truck (passenger tires)…
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