The Environmental Protection Agency is completing new rules to reduce the use of coolants in air conditioners and refrigerators that are potent greenhouse gases. (WSJ)
The Federal Reserve signaled it could start reversing its pandemic stimulus programs in November and could raise interest rates next year. (WSJ)
Existing-home sales in the U.S. slipped 2% in August in a slowdown of the turbocharged housing market. (WSJ)
Oil and gas producer Tenrgys filed for chapter 11 bankruptcy protection. (WSJ)
Flexible Funding, which provides alternative financing to trucking companies, and its Instapay factoring unit filed for bankruptcy protection. (WSJ)
The impact of Covid-19 on the logistics labor force is a major factor in the late deliveries troubling supply chains. (The Atlantic)
Global aluminum prices are hovering at a 13-year high. (Nikkei Asia)
Two U.K. energy suppliers collapsed under soaring gas prices. (Financial Times)
Electric vehicle company Workhorse Group halted deliveries of its C-1000 delivery vans. (MarketWatch)
FedEx plans to test Aurora's self-driving truck technology on Texas linehaul routes with truck-maker Paccar. (Dow Jones Newswires)
Unilever says a freight optimization initiative is helping the consumer-goods supplier reach operational, financial, and environmental goals. (Supply Chain Quarterly)
Apparel manufacturer Resonance Cos. is opening its first U.S. production facility in New York City. (Sourcing Journal)
A group of large companies and organizations called on the shipping sector to accelerate its decarbonization efforts to reach zero emissions by 2050. (Reuters)
Mining giant BHP says port congestion is consuming 15% of global dry-bulk shipping capacity. (TradeWinds)
Seaspan is reportedly buying 10 mid-sized container ships from China State Shipbuilding under a charter agreement with Ocean Network Express. (Lloyd’s List)
Japan’s “K” Line is buying eight car carriers with liquefied natural gas-fueling capability. (Ship & Bunker)
Taiwanese intra-Asia container line TS Lines is considering trans-Pacific services if U.S. West Coast port congestion is resolved. (The Loadstar)
Singapore-based GLP raised $1.75 billion for its third fund focused on China logistics properties. (Bloomberg)
Shenzhen, China-based warehouse automation startup Hai Robotics raised $200 million in a new funding round. (TechCrunch)
Pernod Ricard is buying online alcohol retailer The Whisky Exchange. (The Spirits Business)
|