The recall covers several types of Toyota and Lexus vehicles in the U.S. from 2020 to 2022, including Avalons, Camrys, Highlanders, RAV4s, Siennas and Corollas.

Ikea said it’s looking for other options to secure the availability of its products, many of which normally pass through the Red Sea and the Suez Canal.

The International Maritime Organization’s goal is that near-zero greenhouse gas emission fuels shall represent at least 5% of the energy used by shipping in 2030, while striving to hit 10%.

The final investment decision on the 2.9-gigawatt project shows that the offshore wind industry is picking back up after a crisis year.

North Carolina-based Qorvo said that it had signed an agreement to sell its circuit assembly operations in Beijing and Dezhou to the iPhone assembler Luxshare Precision Industry.

Almost a fifth of global container trade has already diverted away from the Red Sea and Suez Canal.

New car registrations in the EU increased by 6.7% during November, marking the 16th straight month of growth and a 13.3% year-on-year boost in terms of EVs registered.

Samsung Heavy Industries said an arbitration tribunal ruled during the week of December 12 that SHI must pay $290 million to SHIKC1 Shipholding S.A. and SHIKC2 Shipholding S.A.

The British low-cost airline held a general meeting with shareholders December 19 in Luton, London to get approval for its largest aircraft order yet.

Sixty-three percent of survey participants said they are planning to restructure their supply chain over the next five years.