Shipowners and charterers are adjusting operations to meet the lighter-load requirements, and weighing the costs of routing shipments elsewhere.

When the next super cycle hits, the basic problems of the global supply chain will not be resolved, and most likely the market will lag for several more years.

Combined, the U.S., EU, Japan and India have committed more than $100 billion in subsidies to attract the likes of Intel, Taiwan Semiconductor Manufacturing and Micron.

Nine times out of ten, people on the East Coast are eating lettuce that has traveled more than 3,000 miles, a problem Eden Green is trying to fix.

Hyundai also plans to spend about $85 billion to boost production and make progress in areas such as hydrogen cars, EV batteries and software for future mobility.

The family-owned company plans to hire almost 100 people at its Chicago offices over the next 12 months, according to Peter Cotter, CEO of Lactalis Heritage Dairy.

Saudi Arabia's Public Investment Fund is reportedly in advanced discussions over a deal for a roughly 10% holding in Vale SA's base metals unit.

China National Petroleum will seal a 27-year liquified natural gas purchase agreement of 4 million tons annually with QatarEnergy, according to a person with knowledge of the matter.

U.S. business logistics costs grew by 19.6% year-on-year in 2022 after coming in at $1.937 trillion in 2021, according to CSCMP's annual State of Logistics Report.

The firm said most of the new roles for refugees would be in areas such as fulfilment and distribution.