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Top Stories: Page 44
Eight Indicted for Impersonating Shipping Cos. to Steal Goods
The intersection of sophisticated online hacking and large-scale theft is deeply concerning and will only grow more prevalent, said the Manhattan District Attorney.
Airlines Unlikely to Meet 2050 Net Zero Goal, Says IATA Chief
More than half of the planned decarbonization of aviation was dependent on the development of sustainable aviation fuels, which has reached only 0.8% of airline fuel needs this year.
Amazon Expands Super-Fast Deliveries in U.K.
The same-day grocery service will be an additional free option for those signed up to the Amazon Prime subscription service.
Houthis to Impose ‘Complete Ban’ on Israeli Ships in Red Sea
While the Houthis’ statement doesn’t amount to a ban on commercial shipping in the Red Sea, maritime intelligence agency Vanguard Tech advised caution.
Walmart Caps Usage of an AI Tool for Employees After High Demand
As companies incorporate AI into workflows, they’re finding this comes with costs, especially if employees use it heavily or for tasks involving large amounts of data.
Xeneta: Massive Freight Rate Increases Driven by War and Energy Crisis Fears
If shippers look to frontload imports, then carriers will look to push rates higher and higher, so the market may yet be far from its peak, warns the analyst.
Canada Sees Shrinking EV Manufacturing Prospects, Despite Subsidies
Recent industry pullbacks have prompted questions from analysts and policy-makers about whether the value of Canada’s multi-billion-dollar government subsidies for the EV industry will be realized.
Airbus Delays XLR Deliveries to IndiGo as War Hits Suppliers
The XLR delays would represent another hurdle for IndiGo’s ambitious international expansion, which is under pressure from soaring jet-fuel costs and airspace restrictions.
Trump Announces $700M Investment in U.S. Coal Industry
The move is part of an effort to insulate Americans from rising energy costs, including gas at more than $4 per gallon, because of the war with Iran.
Kuwait Bears Brunt of Iranian Response to U.S. Ship Attacks
Residents in Kuwait said they are increasingly concerned there will be more attacks.
787-9 Dreamliner’s Nose Collapses on Runway
Passengers had not yet boarded, but two Lufthansa cabin crew members and an unspecified number of service workers who were on board sustained minor injuries.
NY Fed: War-Stricken Supply Chain Woes Mean More Inflation
The supply chain disruptions and the hit to inflation caused by the war have created a challenging outlook for the regional Fed.
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