The global third-party logistics (3PL) market reached $1.47 trillion in 2022, according to Armstrong & Associates, Inc. (A&A), an increase of 14.5% over 2021 revenues.

The auto industry has been lobbying to influence how the U.S. Treasury Department will interpret requirements in President Joe Biden’s signature climate package.

Russia wants the route to become a major shipping lane and has invested heavily in infrastructure there.

The share of Beijing’s overseas lending directed to borrowers in financial distress increased from 5% in 2010 to 60% in 2022, according to the study.

The reorganization marks a dramatic overhaul of one of China’s largest private companies, one that was once valued at over $800 billion.

The aftermath of European Union sanctions on Russia mean that some older vessels may not be properly inspected and maintained, leading to a catastrophic accident at sea.

Stephanie Resnick, partner and co-chair of the Directors’ and Officers’ Liability and Corporate Governance Practice Group at Fox Rothschild LLP, offers advice to corporate boards and leaders on how they can avoid being faulted for failing to prepare for an economic downturn.

Ending production of the small cabin Learjet and betting instead on mid- and large-size private jets, the Challenger and the Global, turned out to be a wise move.

The move highlighted the potential risks that firms involved in due diligence face in China as Xi Jinping has tightened the ruling Communist Party’s grip on information.

Governments are pulling out the stops to welcome the businesses, as they seek to turbocharge economic development and create millions of new jobs.