Adani Enterprises profit climbs 44%, helped by energy, roads
Adani Enterprises Ltd.’s quarterly profit rose 44%, buoyed by the its energy and road businesses, as Indian billionaire Gautam Adani’s flagship firm tries to regain…
Europe’s most important trade route is at risk due to climate change
Low waters are becoming more frequent and forcing costly and cumbersome workarounds to keep supply lines open
Deltamarin signs multiple design contracts for PCTCs
Deltamarin announces selection for several Pure Car and Truck Carrier (PCTC) ship design contracts, underscoring the industry's confidence in Deltamarin's ability to provide innovative and…
Damen Shipyards and Feyz Group sign contract for three new Damen Combi Freighters 3850
Damen Shipyards and Turkey’s Feyz Group have signed a contract for the delivery of three new Damen Combi Freighters 3850 for delivery in early 2025.
Australia’s trade surplus beats estimates as imports tumble
Australia’s monthly trade surplus widened in June as iron-ore shipments gained while overall exports slid less than imports.
Boeing supplier Spirit Aero slides most in three years as cash burn tops $200 million
Spirit AeroSystems Holdings Inc. shares sank 27%, the most since 2012, after the aerospace manufacturer said its cash flow won’t fully recover next year as…
CBP officers in Louisville intercept 130 designer watches worth $4.24 million
One of the most common counterfeited items seized by U.S. Customs and Border Protection (CBP) officers are watches, and one of the main shipping hubs…
Descartes Global Shipping Report: Growth in Mexico’s exports to U.S. and the rising importance of Chinese goods supporting it
Descartes Systems Group, the global leader in uniting logistics-intensive businesses in commerce, released a study that evaluates how the market share of top imports from…
AAR reports weekly rail traffic for the July and the week ending July 29, 2023
The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending July 29, 2023, as well as volumes for July 2023.
BNSF Railway reaches tentative agreement with the Brotherhood of Locomotive Engineers and Trainmen
On paid sick leave and improvements to work schedules for locomotive engineers
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