Delta restores managers’ pay as workers remain on leave
Delta Air Lines Inc. is making payments to management employees to help offset reductions imposed a year ago when the burgeoning coronavirus pandemic decimated travel…
Venezuela oil exports drop after U.S. sanctions on key traders
Venezuela oil exports dropped in February after the U.S. sanctioned key trading houses and individuals that had been propping up exports of the commodity that…
Oil exports from U.S. supertanker port crash to zero from record
Crude exports from Louisiana’s offshore supertanker port tumbled to zero as Asian buyers limited purchases to manage high inventories that threaten to overwhelm storage facilities.
WTO Chief begins uphill climb to overhaul global trade’s referee
The World Trade Organization’s new leader pledged to shake up the Geneva-based trade body, but Ngozi Okonjo-Iweala’s first speech as director-general stopped short of offering…
PS Logistics acquires Jason Jones Trucking
The transaction further establishes the company in upper Midwest USA and adds new terminal in Shoals, IN.
Global Container Terminals announces new Board Chair
GCT announced that Brenda Eprile has been appointed Chair of the Board and will join the Board as an independent director, effective March 1, 2021.
Energy transition risk quantified: Long-term oil price risk worth $10 per barrel, E&P upstream portfolios value could dip 30-40%
The back-to-back downturns that exploration and production companies (E&Ps) have faced during the past decade have accelerated the energy transition, adding to growing social and…
Biden trade pick Tai pledges to ensure china tariffs appropriate
President Joe Biden’s nominee for trade chief said she’d work to ensure that tariffs imposed by the Trump administration on billions of dollars of imported…
TPA honors USACE Galveston District Commander Col. Vail as 2021 Port Person of the Year
The Texas Ports Association (TPA) honored Col. Timothy R. Vail, U.S. Army Corps of Engineers (USACE) Galveston District Commander, as its 2021 Port Person of…
Sealand PSS from South and Central America (Pacific coast) to Port Hueneme, CA
Sealand will implement a Peak Season Surcharge (PSS), effective April 1st, 2021 to refrigerated cargo from South and Central America (Pacific Coast) to Port Hueneme,…
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