It’s still much more expensive to get stuff to the U.S. from Asia a year after shipping costs first shot up. By Amy Feldman and Lauren Debter Try as he might, Greg Hayes, CEO of office-furniture compa...
Tag: Logistics
Convoy CEO Gets Straight Talk From Drivers On His Trucking Reality Road Trip
Line of long-haul carriers on the road at sunset at a Ryder facility in Jackson, Tenn. Grant Goodale/Convoy A truckin’ social media maven, a carrier whose devotion to his faith is in his company...
Alaska Air Is Converting 2 More Boeing Jets Into Freighters. Here’s Why.
Text size Alaska Air sees capacity rising by 1% to 3% in 2022 compared to 2019. Photograph by Jason Redmond/AFP/Getty Images Alaska Air Group unveiled plans Thursday to convert two Boeing 737-800 pass...
Southwest Airlines to Launch New Ticket Type to Boost Revenue
Southwest Airlines Co. LUV 0.35% is launching a new type of ticket with some additional perks as it looks to boost revenue and its appeal to business travelers. The new fare will rank above Southwest’...
It’s the beginning of the end of globalization, say BlackRock’s Larry Fink and Oaktree’s Howard Marks
“The magnitude of Russia’s actions will play out for decades to come and mark a turning point in the world order of geopolitics, macroeconomic trends, and capital markets.” That was Larry Fink, CEO of...
Freight Truck Shortages Are Changing The Face Of Logistics
Michelle Sodomka, a Senior Director at Open Sky Group Open Sky Group TuSimple Holdings (NASDAQ: TSP) – in its most recent call with financial analysts – reaffirmed that they expect to have...
Boeing Stock: What Wall Street Is Saying After the China Plane Crash
Text size The Boeing logo Scott Olson/Getty Images A China Eastern Airlines 737-800 tragically crashed Monday, sending shares of Boeing lower. Wall Street is hopeful that Monday’s crash wasn’t a MAX-l...
Dow ends 200 points lower after Fed’s Powell leaves door open to larger rate hikes
Federal Reserve Chairman Jerome Powell Samuel Corum/Getty Images Stocks fell Monday after Federal Reserve Chairman Jerome Powell left the door open to the prospect of bigger rate hikes to bring down i...
Noyack Logistics Income (NLI) Became the First REIT to Accept Crypto Payments
The US real estate investment trust – Noyack Logistics Income (NLI) – partnered with BitPay to embrace cryptocurrencies as a payment method. Moreover, the company became the first in its field to acce...
Shiba Inu and Dogecoin Now Accepted by U.S.-Based Logistics Firm in Partnership with BitPay: Details
Tomiwabold Olajide Shiba Inu, Dogecoin now accepted by U.S-based real estate logistics firm via BitPay Shiba Inu, Dogecoin and other cryptocurrencies supported by BitPay are now accepted by NOYACK Log...
Ford Stock Is Down For a Very Odd Reason. No, Production Guidance Wasn’t Cut.
Auto investor nerves are frayed as they deal with Russia, inflation and the persistent chip shortage. Scott Olson/Getty Images Text size Automotive News incorrectly reported over the weekend that Ford...
Warburg Pincus-Backed ESR To Build $1.5 Billion Logistics Park In Osaka Amid E-Commerce Boom
With a gross floor area of almost 390,000 square meters, the ESR Amagasaki Distribution Center is … [+] the largest logistics facility in the Asia-Pacific region. Courtesy of ESR Cayman Hong Kon...
BP to Exit 20% Stake in Russia’s Rosneft
Russia’s aggressions in Ukraine prompted reactions from companies such as BP and United Parcel Service as well as Norway’s sovereign wealth fund as the world continues to raise pressure on President V...
Companies Are Starting to Worry About the Russia Issue
Text size The Alcoa headquarters in Pittsburgh. CEO Roy Harvey said a Russia-Ukraine conflict could affect demand. Justin Merriman/Bloomberg The standoff between Russia and Ukraine has been causing pa...
Amphorium Global Logistics Blockchain Overview » NullTX
About Amphorium Logistics is a conservative industry in which, over the past decades, the scheme of transportation of goods has remained practically unchanged, retaining a vast number of intermediarie...
Buy Wizz Air Stock: The Case for Buying an Airline With Exposure to Russia and Ukraine
Wizz Air, the low-cost carrier, is expanding rapidly in Central and Eastern Europe. Chris J. Ratcliffe/Bloomberg Text size The composition of European airspace has dramatically changed in the past wee...