Stellantis has glut of cars stuck at plant on logistics troubles
Stellantis NV has thousands of cars stuck at its Sochaux plant in eastern France as logistics problems that impacted the maker of Peugeot 3008 SUVs…
Qantas boosts weeks-old profit forecast as air-travel rebound accelerates
Qantas Airways Ltd. upgraded profit expectations for the final six months of 2022 just weeks after its initial forecast, highlighting the intensity of a demand…
ConocoPhillips to take stake in Sempra LNG US export terminal
ConocoPhillips, one of the largest US oil and gas producers, agreed to take a a 30% stake in the first phase of Sempra Energy’s proposed…
Mexico signals it may allow exceptions to US corn-import ban
Mexican President Andres Manuel Lopez Obrador signaled he’s softening his stance on a planned ban of a type of US corn amid pressure from the…
Singapore Air adds Asia flights, trims some US services in rejig
Singapore Airlines Ltd. will add flights to East and Southeast Asia from early next year and trim some US services as it tweaks routes and…
UK rail workers to strike in the build up to Christmas
Britain is facing a wave of rail strikes in the run up to Christmas and into the new year as workers escalate a protest over…
Oil freight at $100,000 piles pressure on crude markets
Soaring shipping costs are piling pressure onto physical oil markets that are already being hit by uncertainty surrounding a cap on Russian crude prices and…
Logistics industry veteran Kull joins PalletTrader as SVP of sales and operations
PalletTrader, a new online marketplace built exclusively for the sourcing, buying and selling of wooden pallets, announced today that Kevin Kull is joining the company…
Sunak’s Britain is starting to have second thoughts about Brexit
Even after years of division and vitriol, it seems like Britain still needs to talk about Brexit.
Ice cream binge prompts chocolatier Barry Callebaut to boost Americas output
The world’s largest maker of bulk chocolate is boosting production capacity in the Americas to meet rising demand from the ice cream industry.
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