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Top Stories: Page 46

UPS Invests $50M in North American Logistics for Manufacturers
Beginning in August, UPS will offer one-, two- and three-day air freight options to and from Mexico, to help manufacturers move high-value, time-sensitive parts.
Photo: iStock / SCM Jeans
Shortage of Caribbean Hot Sauce Peppers Looms
The temperamental little, yellow fruit with its susceptibility to heavy rain and viruses can be tough to grow at the best of times.
Scotch bonnet peppers. Photo: iStock/Jun Zhang
Years-Long Tesla Strike in Sweden Downsized by Trade Union
The walkout has expanded since 2023 through sympathy actions from other Nordic labor groups, affecting areas including vehicle servicing, port handling and logistics.
IF Metall has been engaged in a labor dispute with Tesla in Sweden since October 2023. Photographer: Erik Flyg/Bloomberg
Pfizer Inks Up to $10.5 Billion Deal With China’s Innovent
China’s biotech sector is booming, but its growth has coincided with backlash from the U.S.
Photo: Bloomberg
Strait of Hormuz Ship Transits Are Rising Thanks to U.S. Help
Some of the ships that have crossed belong to companies that hadn’t transited Hormuz since the war began.
A U.S. service member watches a ship transit the Arabian Sea. Source: U.S. Navy
Customs Commissioner Summoned to Answer Questions About Tariff Refunds
A judge on the U.S. Court of International Trade, has indicated concern that the government has not fully complied with a directive to return all of the money amassed under IEEPA duties.
Photo: iStock/May Lim
Quarter of Big Oil Tankers Trapped by Iran War Have Escaped
Control over the corridor is central to tortuous negotiations between the U.S. and Iran aimed at ending the conflict.
Ships anchored in the Strait of Hormuz near Larak Island, Iran on May 16. Photographer: Majid Saeedi/Getty Images
BMW to Use Humanoid Robots to Make Cars in Europe
Humanoid robots can replace human workers, obviating the need to redesign an assembly line, which is more expensive.
Michael Nikolaides, Head of the BMW Group Production Network and Logistics, with the humanoid robot AEON. Photo: BMW Group
Europe's Export Problems Go Beyond Tariffs
European productivity growth has continued to lag behind the U.S., putting added pressure on exporters already grappling with weaker global demand and trade uncertainty.
Photo: iStock / Bet_Noire
DHL Inks $10B Last-Mile Delivery Deal with USPS
The multi-year deal will combine DHL's automated sortation hubs and air and ground networks with USPS's final mile delivery network.
Photo: iStock / jokuephotography
EU Fines Temu €200M for Selling Unsafe Products
An investigation dating back to October 2024 found that European consumers are a "very likely" to encounter illegal items in Temu's store.
Photo: iStock/Kenneth Cheung
Boeing Has the All-Clear to Ramp up 737 Max Production, Says CEO
Airlines have reported a marked improvement in the quality of newly-delivered planes since Boeing made sweeping changes to its safety procedures and supplier practices.
Photo: Bloomberg
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