Transnet Needs More Than a Plan to Fix South Africa’s Logistics
South Africa’s Transnet SOC Ltd. has a turnaround plan to ease port and rail snarl-ups that have hamstrung the continent’s biggest economy. It just needs…
Australian Barley Makes Big Comeback in China After Tariffs End
Australian barley is making a big return to the Chinese market after Beijing lifted punishing tariffs that halted trade for three years.
AAL takes early stance on the EU’s New Year carbon emission trading rules
AAL Shipping (AAL) has become the first project heavy lift carrier to publish a carbon surcharge guidance to help its customers prepare for the increased…
SAS gets US court approval for $1.2 billion rescue plan
Airline SAS AB received approval from a bankruptcy court in New York for a $1.2 billion rescue package that will see Air France-KLM and private…
Norfolk Southern’s Motsinger recognized for environmental excellence
The Association of American Railroads (AAR) awarded Norfolk Southern Railway’s (NS) Adam Motsinger with the 2023 Environmental Excellence Award, the industry’s highest honor for environmental…
Nvidia rival Graphcore pulls out of China, citing US export rules
British chip designer Graphcore Ltd. is laying off most of its staff and discontinuing sales in China, marking another setback for a startup once heralded…
Rail traffic for the week ending November 18, 2023
The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending November 18, 2023.
How Huawei’s chipmaker turned US sanctions into a China success story
Huawei Technologies Co. alarmed politicians from Washington to Tokyo when it took the wraps off a $900 smartphone that signaled China’s rapid advance in semiconductor…
U.S. gasoline prices decline amid lower gasoline demand and falling crude oil prices
On November 20, 2023, the Monday before Thanksgiving, the retail price of regular gasoline averaged $3.29 per gallon (gal) across the United States, 10% less…
DNV awards Abate (Power +) notation to Transocean Norge
The DNV-classed rig, Transocean Norge, has become the first semisubmersible rig to be awarded DNV’s Abate (Power+) notation following significant upgrades designed to lower its…
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