The component shortages have forced Airbus to slow an ambitious output increase for the cash-cow A320. Sanctions tied to Russia’s invasion of Ukraine have also made it harder for Airbus and Boeing, too.
The courier faces the possibility of a union strike of its 330,000 workers as the company negotiates to replace a five-year labor contract that expires on July 31.
Automakers and EV battery makers alike are increasingly rushing to make investments in North America in order to receive tax credits provided by Biden’s landmark climate change bill.
The P&I insurance that Gatik lost is important for vessels when they enter ports or sail through key waterways like Turkey’s ardanelles shipping straits.
Rodolphe Saade, the French billionaire at the helm of shipping giant CMA CGM SA, has made an unsolicited $5.5 billion offer to buy Bollore SE’s logistics arm.