Huawei’s profit dives 67% after US sanctions wallop phone arm
Huawei Technologies Co. profit fell about 67% in the first quarter as the Chinese telecom-equipment giant continued to battle crippling U.S. trade and investment sanctions.
Biggest US gas driller eyes investing in exports as war in Ukraine roils supply
EQT Corp. is considering equity investments in U.S. liquefied natural gas export terminals as part of the shale driller’s efforts to capitalize on the booming…
AxleHire expands Tech-Forward, last mile delivery services into Washington D.C. and Baltimore
AxleHire’s expansion into the D.C./Baltimore region marks its sixteenth major metro area to date
Port of Halifax working to reduce emissions
The Halifax Port Authority (HPA) is taking steps to reduce vessel emissions. On April 1, 2022, the HPA joined the World Port Climate Initiative (WPCI)…
Corn extends rally to decade high as supply in ‘perilous’ state
Corn extended its rally to the highest since 2012 in Chicago as the war in Ukraine chokes supplies and adverse weather threatens crops in the…
Port of Antwerp-Bruges: merger of the ports of Antwerp and Zeebrugge creates Europe’s largest export port
Unified port takes lead in transition to sustainable future
Diesel exports from vital Russian port to plunge 30% in May
Diesel exports out of Russia’s main port for the fuel are set to plunge by about 30% next month, as the effects of the country’s…
Sri Lanka chaos opens tea export opportunity that India may miss
India, the world’s second-biggest tea producer, will likely fail to take advantage of an export gap in the global market sparked by Sri Lanka’s economic…
European Road Freight Rate Benchmark Q1 2022: European road freight rates index up 4.3 points in Q1, hitting a new record high
The Upply Ti IRU European road freight rates index for Europe hit an all-time high in Q1 2022 as rising cost pressures, supply and capacity…
Soy oil soars to record as Indonesia expands palm export ban
Soybean oil futures climbed to an all-time high in Chicago as global vegetable-oil markets face increasingly strained supplies with Indonesia’s export ban on crude palm…
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