S&P Global: Carvana Co. downgraded to “CC” on proposed distressed debt exchange; outlook negative
We view the proposed exchange offer as distressed and tantamount to default.
New era in railroading is focus for annual meeting of North American Rail Shippers May 24–26 in Chicago
The North American Rail Shippers Association (NARS) will host its annual meeting May 24–26, 2023 in Chicago.
France asks airlines to extend flight cuts through Monday
French authorities have asked airlines to continue cutting flights through Monday amid strikes over a retirement reform law.
Italy Wants Europe to Spend Like the US and China on Green Tech
The European Union must match its green technology ambitions with adequate funding or it will continue slipping behind the US and China in global competitiveness,…
New York City’s ‘Train Daddy’ Andy Byford Is Joining Amtrak
Former New York City Transit President Andy Byford, nicknamed “Train Daddy,” will join Amtrak in April as an executive vice president, according to an internal…
Green revolution taps copper and aluminum
Will there be enough copper and aluminum for all that construction? And what’s going to happen to prices?
Made-in-US rules for EV batteries shift in fine print of climate law
The Treasury Department’s interpretation of a few key words could allow more components to be made overseas.
XLP members, Access World Shanghai and R.H. Shipping collaborate to deliver pneumatic rubber fenders from Qingdao, China to Altamira, Mexico
The transportation of project cargo from one country to another requires a global office and partner network with the required project cargo experience.
Boeing gets $1 billion Japan Airlines order for 737 Max jets
Boeing Co. secured a win in Japan with an order from the nation’s flag carrier for 21 of its 737 Max aircraft, getting in ahead…
WFS grows partnership with Qatar Airways Cargo in North America
Qatar Airways Cargo is extending its global partnership with Worldwide Flight Services (WFS) with the awarding of a new three-year cargo and freighter ramp handling…
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