BloombergMore from BloombergLTL/Truckload ServicesBrookfield Infrastructure to Buy Triton in $4.7bn DealBrookfield agreed to buy Triton International Ltd., the world’s largest owner of intermodal shipping containers, for $4.7 billion.April 13, 2023Global Trade & EconomicsWalmart Halves Chicago Stores to Just Four as Losses MountWalmart CEO Doug McMillon warned last year that rising retail theft around the U.S. could prompt store closings.April 12, 2023All TechnologyHyundai Commits to $18bn Spend in Shift to Electric CarsAutomakers and battery producers in Korea are also still trying to figure out how to navigate U.S. President Joe Biden’s Inflation Reduction Act.April 12, 2023Ocean TransportationTanker Unloads Russian Crude in Ghana After Six-Week WaitClearance was given after claims that the cargo was from Kazakhstan, but data intelligence firms Vortexa and Kpler showed it originated from Russia.April 11, 2023Air CargoFedEx Overhaul Contemplates a Future With No Drivers on PayrollThe decision to break from Smith’s approach was cheered by analysts, who raised their stock-price targets or recommendations, even as they warned of challenges.April 11, 2023Global LogisticsSouth Korea to Strengthen Supply Chain Cooperation with IndiaPresident Joe Biden’s administration has been seeking help from allies including South Korea in reducing the global supply chain’s dependence on China.April 10, 2023Global Trade & EconomicsTesla to Build New Shanghai Factory for Megapack BatteryChina is an extremely important market for Tesla, where its existing car factory on the outskirts of Shanghai produced almost 711,000 cars in 2022, or 52% of its worldwide output.April 10, 2023Global GatewaysLA, Long Beach Port Terminals Reopen as Dockworkers ReturnThe impact of the closures on cargo flow was limited due to low volumes, though one container ship scheduled to go to a berth today was delayed and loitering offshore.April 8, 2023Global GatewaysLA, Long Beach Port Terminal Closures Stretch to Second DayThe terminal closures come as cargo volumes have dropped sharply at the Southern California ports from peak levels a year ago.April 7, 2023Ocean TransportationCMA CGM's Saade Forges Ahead With China, Media DealsThe executive said he’s ordering new ocean-going vessels despite a slowdown in the industry following a boom during the pandemic, when some freight rates rose to record levels.April 7, 2023Previous PagePage 130 of 357Next Page
