Rail traffic for October and the week ending October 30, 2021
U.S. railroads originated 947,013 carloads in October 2021, up 3.8 percent, or 34,510 carloads, from October 2020. U.S. railroads also originated 1,077,515 containers and trailers…
Marsoft breakthrough opens door to carbon credits for shipping
Marsoft Inc. announced that the Gold Standard – the pre-eminent global carbon registry – has accepted Marsoft’s GreenScreen-based methodology as the basis for issuing carbon…
ASA & NBB express concerns over supply chain (but not soy oil)
As the House Agriculture Committee hearing on The Immediate Challenges to Our Nation’s Food Supply Chain convenes Nov. 3, producers, processors, and users of soy…
Turkish Air’s profit beats estimates on surge in cargo sales
Turkish Airlines reported third-quarter profit that beat expectations as cargo operations and reductions in staffing costs boosted earnings. The shares soared the most in eight…
Wizz Air puts growth before margins in challenge to Ryanair
Wizz Air Holdings Plc said it will cut fares at the expense of profitability in a bid to pack planes and grab market share as…
Emirates to start daily Tel Aviv flights, joining Etihad
Gulf carrier Emirates will begin daily flights to Israel, adding the heft of its global network to a growing air-travel market made possible by diplomatic…
German factory orders rebound on higher demand from abroad
German factory orders rebounded in September amid greater demand for investment goods outside the euro area, hinting at a boost to production once supply bottlenecks…
China says it won’t abandon climate goals by moving back to coal
China is unlikely to embark on major new developments of coal-fired power even as it boosts output of the fuel to ease electricity shortages, according…
U.S. expresses ‘serious concerns’ over Mexico’s electricity plan
The U.S. has “serious concerns” about the nationalist electricity reform proposed by Mexico’s president, ambassador Ken Salazar said, echoing increasing congressional criticism of the nation’s…
Oaktree, American Industrial exploring sale of Rand Logistics
Oaktree Capital Management LP and American Industrial Partners are exploring a sale of marine transportation company Rand Logistics, which could fetch more than $1 billion,…
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