Maersk Urges Cargo Removal from U.S. Ports as Labor Talks Stall January 2, 2025 Bloomberg The ILA and USMX have until January 15 to come to a deal on a new collective bargaining agreement to avert another strike at U.S. ports.Read More
Two Plane Crashes Lead to Deadliest Year in Skies Since 2018 December 30, 2024 Bloomberg The spike in fatalities marks a reversal from 2023, which became the safest year ever in aviation with no fatalities among large passenger jetliners.Read More
First Supertanker to Be Scrapped in Two Years Is a Dark Ship December 27, 2024 Bloomberg Tighter Western sanctions on shadow vessels have rattled the market, and prompted operators to leave these ships idle at sea.Read More
Japan Air Resumes Ticket Sales After Overcoming Cyberattack December 27, 2024 Bloomberg Systems have been restored without any leakage of customer data, and there is no virus damage, the company said. Read More
Panama President Refutes Trump’s Claim of Chinese Meddling in Canal December 27, 2024 Bloomberg Tolls charged for naval ships crossing the canal are based on the amount of water used and the type of ship, Mulino said. Read More
Finland Boards Tanker After Power and Data Cables Go Offline December 26, 2024 Bloomberg 12 European countries are demanding checks on proof of insurance from suspected shadow vessels as they pass through the Baltic Sea and the English Channel. Read More
Red Sea Disruptions Cost Egypt $7B in Suez Revenues December 26, 2024 Bloomberg The Suez Canal is a vital source of foreign exchange for the $380 billion Egyptian economy, whose currency slid to a record low in the past month.Read More
Panama President Rallies Support for Canal After Trump Threat December 26, 2024 Bloomberg Three Panamanian ex-presidents and Mexico’s new president, Claudia Sheinbaum, expressed solidarity with Mulino.Read More
Mercedes Star Maker’s Demise Shows How Auto Pain Hits Suppliers December 26, 2024 Bloomberg The slowdown in EV demand is squeezing companies that have retooled production to serve what they expected to be a steadily growing segment. Read More
American Air Says Christmas Eve Delays Caused By Tech Glitch December 24, 2024 Bloomberg Operations were disrupted on a day where the Federal Aviation Administration expects to see about 30,000 U.S. flights across all carriers. Read More