Suez Canal has supported 2,335 container crossings since November
The Suez Canal waterway has supported 2,335 container ship crossings since November or 16 per day, according to vessel data analyzed by Bloomberg.
U.S. disrupts WTO dispute meeting over Venezuela sanctions fight
The World Trade Organization suspended a meeting of its dispute settlement body after the U.S. rejected Venezuela’s request for a probe into Trump-era sanctions against…
China sets duties on Australia wine for 5 years as ties sour
China will impose tariffs of more than 200% on Australian wine for five years, formalizing curbs that have been in place for months amid an…
China slaps sanctions on U.K. lawmakers over Xinjiang claims
China announced retaliatory sanctions on senior British politicians including the former leader of the ruling Conservative Party for “maliciously spreading lies and disinformation” about its…
Dislodging the Suez Canal ship said to need at least a week
Efforts to dislodge the massive Ever Given container vessel blocking the Suez Canal will take until at least next Wednesday, longer than initially feared, raising…
Threat of another lost summer stirs cash-crunch fears for airlines
The latest setbacks to the return of air travel are stoking concern that a cash crunch is about to bear down on the airline industry.
Your Instant Coffee May Soon Be at Risk From Suez Blockage
The crisis in the Suez Canal could soon hit your instant coffee.
Suez Crisis isn’t deterring orders for mega container ships
A huge container ship blocking one of the world’s busiest waterways has done little to deter shipping companies from ordering similarly mega-sized vessels.
Chip shortages force more cuts at North American auto plants
Automakers are expanding and extending production cuts at some North American plants as they cope with a worsening global shortage of semiconductors.
Lux Research predicts autonomous vehicle market to be a $50 billion opportunity by 2040
Few mobility technologies hold as much disruptive potential as autonomous vehicles (AVs). Despite having applications in logistics, robotaxis, and personally owned vehicles, AVs have remained…
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