Rio moves to stop shipments to Russian-owned alumina plant
Rio Tinto Group plans to end deals with a United Co. Rusal International PJSC refinery in Ireland that’s a key supplier to Europe’s aluminum industry,…
Russia devises plan to seize firms abandoned in foreigner exodus
Russia’s government moved closer to seizing and even nationalizing foreign-owned companies that are leaving the market over the invasion of Ukraine while planning measures to…
An Airbus jet flew to Russia as Ukraine war got underway
An Airbus SE jetliner freshly handed over to Russia’s flag-carrier airline left France for Moscow several hours after President Vladimir Putin had launched his invasion…
India steel mills step in to fill vacuum left by war in Ukraine
India’s steel mills are rushing to fill a supply gap created by Russia’s invasion of Ukraine, as consumers from Europe to Africa turn to the…
China doubles Yuan trading band for ruble after record move
China will double the yuan trading band for the ruble amid signs of distressed liquidity as banks back away from making markets.
US weighs sanctions on Russian uranium supplier Rosatom
The Biden administration is considering imposing sanctions on Russia’s state-owned atomic energy company, Rosatom Corp., a major supplier of fuel and technology to power plants…
Wheat prices plunge in Chicago with global stockpiles rising
Wheat markets remained locked limit down after a key U.S. report forecast bigger ending stockpiles even as the Ukraine war disrupts supplies out of the…
January 2022 Freight Transportation Services Index (TSI)
The Freight Transportation Services Index (TSI), which is based on the amount of freight carried by the for-hire transportation industry, rose 1.2% in January from…
Retailers welcome passage of postal reform
The National Retail Federation welcomed today’s final passage of the first major postal reform legislation approved by Congress in more than 15 years.
Review: Cyberattacks on transportation companies worldwide in the 2nd half of 2021
In the second half of last year, companies in the transport and logistics sector continued to be regular victims of cyberattacks.
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