The spate of cancellations in October marks a sharp reversal from a few months ago, when shipping lines commanded premium prices and booked record profits.

The plan includes a levy on fossil fuel firms' surplus profits and a levy on excess revenues made from surging electricity costs. The cash raised is expected to go to families and businesses.

As a customer of MPO’s end-to-end logistics and transportation management system, which is used at the DSV Solutions sites in Europe, DSV reached out to MPO to develop a global supply chain control tower solution that would meet those needs in South Africa.

As a customer of MPO’s end-to-end logistics and transportation management system, which is used at the DSV Solutions sites in Europe, DSV reached out to MPO to develop a global supply chain control tower solution that would meet those needs in South Africa.

"They have put the entire U.K. economy on the 3:30 at Epsom," said Sir Stuart Rose . "If it comes in, people will cheer but if it doesn't, people will be in a very difficult position indeed."

Europe’s biggest carmaker, said that relocation of production capacity for some component makers is among options in the medium term if gas shortages last much beyond this winter.

The boss of Aldi has said customers in the U.K. are switching to the discounter "in droves" as the cost-of-living crisis continues to hit struggling households.

The automaker suspended operations at its plant in Saint Petersburg in March along with peers including Nissan Motor Co. and Honda Motor Co.

United Airlines Holdings Inc. faces potential disruption in one of its most lucrative overseas markets as 300 workers at London’s Heathrow airport begin voting in a strike ballot over pay.

Companies like Nikola, Volvo and Daimler Truck are pursuing both battery-electric rigs and vehicles powered by hydrogen fuel cells, in a costly bet on two technologies.