Luxury jets in Florida, sea planes in Alaska get virus aid
Luxury charter airlines and companies that fly tourists on sea planes in Alaska received millions of dollars in federal aid under the $25 billion Treasury…
GM to reopen cash-cow Mexican pickup plant as soon as next week
General Motors Co. is preparing to resume building vehicles in Mexico as soon as next week following that government’s approval for factory restarts, according to…
Termont Montreal Inc. places order with Liebherr for STS and RMG cranes
Liebherr Container Cranes Ltd. continues its recent success in Canada with an order for one ship to shore (STS) container crane and one rail mounted…
Too much LNG: Here are the producers better positioned to cut output as Covid-19 erases profits
As global liquefied natural gas (LNG) benchmark prices continue to fall due to oversupply on account of Covid-19, LNG producers with short-run marginal costs (SMRCs)…
Greenbrier announces enhancements to Greenbrier GIMSA joint venture agreement; reports progress on $1 billion liquidity target
The Greenbrier Companies, Inc., a leading international supplier of equipment and services to global freight transportation markets, today announced that it has amended its 50/50…
COVID-19 triggers marked decline in global trade: UNCTAD
The coronavirus pandemic cut global trade values by 3% in the first quarter of this year, according to the latest UNCTAD data published in a…
[FBX Weekly] eCommerce - even for some SMBs - may be surging as retail’s hurting
Here are the latest China-US container rates, which continue to be heavily impacted by the ongoing outbreak: • China-US West Coast prices (FBX01 Daily) rose…
Mumbai added to Swiss WorldCargo’s network
Following the recent launch of our network of cargo flights, Swiss WorldCargo will continue to fly to different global destinations as part of its cargo-only…
PEMA provides key insights for STS crane operators
In response to the growing technical demands made on Ship-to-Shore (STS) cranes driven by the growth in the size of container vessels, the Port Equipment…
Taps closing! US shut-ins to reach at least 2 million bpd in June as oil producers walk the walk
US oil producers have been expected for some time to have to shut down oil production as a result of the Covid-19 pandemic, but they…
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