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Top Stories: Page 7
Port of Savannah Approved for New 3.5M TEU Terminal
Construction for the $2.3 billion project will start in January 2028, and is expected to wrap up sometime in the mid-2030s.
Inflation Expected to Drive Record Holiday Sales in U.S.
Consumer spending is expected to grow by 4.2% year-over-year this holiday season, as inflation drives up prices for shoppers across nearly all categories.
Cathay Pacific to Seek 50 More Large Planes From Airbus, Boeing
Cathay has ambitious growth plans for this decade, including expanding its fleet and overhauling its premium offerings.
Legacy Carmakers Risk Losing Mass Market to Chinese Rivals
The wave of exports has led some governments to restrict or effectively ban vehicles shipped from China.
DHL Express Transports Four Manatees to Florida for Final-Stage Rehabilitation
The manatees traveled in custom-built containers designed to support their safety and comfort, including an 8-inch-thick bed of foam to support each manatee’s body.
China’s 2026 Trade Surplus on Track to Exceed 2025
This will stoke already combative relations with its major trading partners in the EU bloc of countries, and the U.S.
Heathrow CEO Pushes U.K. Government to Commit to Third Runway
The idea of building a third runway at Heathrow has been floated for decades, but has met with fierce opposition from local residents and preservationists, politicians and climate campaigners.
Aramco HQ Hit as Houthis Widen Attacks on Saudi Arabia
Oil infrastructure in Saudi Arabia has also been targeted during the escalating hostilities with the Houthis.
Bulgaria Points to Russia as Drones Hit More Cargo Ships
The strikes on two cargo vessels on October 13 add to a series of more frequent attacks on ships in the western part of the Black Sea.
South Korea Completes First Trial Through Northern Sea Route
South Korea is reportedly planning additional trials through the Arctic route in 2027 for container ships and automobile carriers.
Port of Los Angeles Logs Busiest Month Ever in September
Seroka credited the strong quarter to resilient consumer demand and importers who have continued to aggressively replenish inventories.
Walmart to Bring Drone Deliveries to Denver and Seattle
The company has plans to bring the service to 270 Walmart stores by the end of 2027, spanning Cincinnati, Denver, Los Angeles, Memphis and Miami among others.
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