The UN Plans to Commence Deep-Sea Mining Operations this Summer
Companies interested in mining the ocean floor can now submit applications to the International Seabed Authority starting in July, following approval of the controversial practice despite significant pushback.
Norfolk Southern sued by Justice Dept.
After the devastating derailment in Ohio, the DOJ has decided to file a lawsuit against Norfolk Southern for violating the Clean Water Act.
Inclusion in the workplace can cut company attrition risk by 50%
Attrition risk refers to the possibility or likelihood of employees leaving a company or organization, either voluntarily or involuntarily, and the potential negative impact this could have on the organization's operations, productivity, and financial performance.
February's U.S. Container import shows the largest monthly decline on record
Last month, the container volumes received by the U.S. dropped 28% in merely thirty days.
French CMA CGM joins the car-carrying oceanic market
The France-based maritime carrier CMA CGM has already penetrated the air cargo and logistics market with profit, and now they are looking to expand again.
China e-commerce giant plans a warehouse in California
JD.com is looking to grow its US logistics arm into its third self-operating warehouse in California.
Mexican authorities have seized an American port terminal
Near the popular vacation destination of Playa Del Carmen, Mexico, Mexican security forces have taken over a private port owned by the American company “Vulcan Materials”.
Two maritime giants are keeping Russian oil deliveries alive and well
Gatik Ship Management and Fractal Shipping have seemingly sprung out of nowhere to run $2 billion in tanker assets between the two of them.
Renewal of the US trade deal is delayed
The Generalized System of Preferences (GSP) expired in 2020, ending the tariff-free access over 100 countries had to the United States market.
USPS mail volume is slowing down
The decline has been consistent for the last 15 years, but speeding up in the short term.
Blame the Feds for lack of charging stations at interstate rest stops
Many are still vying for charging stations at interstate rest stops, despite the 1956 Federal-Aid Highway Act.
Congress remains divided over bank failure solutions
The collapse of the Silicon Valley Bank and First Republic Bank has caused an uproar among the American public.
General Motors facing struggles selling in China, the largest automotive market
US automaker GM is reporting declining operations and joint ventures in the country across the Pacific Ocean, sitting at approximately 67% less than numbers relayed in 2014-2015.
Relationship worsens between US & China, according to DHL global trade report
While it may not be “breaking” news to anyone, the DHL Global Connectedness Index 2022 is showing that the frayed ties between the two powerhouse nations only seem to be getting looser.
Count Rockwell Automation Inc. CFO Nick Gangestad suspects supply chain issues will linger
Speaking at this week’s JPMorgan Industrials Conference, Gangestad discussed the 26,000-employee-strong company’s first-quarter pace and his expectation that the health of the world’s supply chain has a long way to go.
Port of LA teams up with Japan ports to create a green shipping corridor
Agreements between LA and the ports of Tokyo and Yokohama were signed during the 2023 California Japan Clean Energy Trade Mission, creating a Green Shipping Corridor (GSC) partnership.
PepsiCo cuts ties with a long-time Indonesian palm oil supplier
The relationship between PepsiCo and Astra Agro Lestari involved the sourcing of palm oil from the latter by the former.
Why will intermodal freight be the future?
Intermodal refers to the transportation of goods or cargo using multiple modes of transportation, such as rail, truck, and ship, without handling the goods themselves when changing between modes.
Europe says electric vehicles are proving to be too expensive for the middle class
Europe has slowed production of lithium-powered cars, their production this year is expected to be over a million cars less than the original estimate.