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Top Stories: Page 96

Canadian Airline Says it Will Suspend Flights in Response to Strike Threat
In 2024, Air Transat's flight dispatchers overwhelmingly voted to approve a strike after contract negotiations with their union stalled, but that strike was ultimately averted.
Photo: iStock/rebius
Trump Targets Anti-Competitive Practices in Food Supply Chain
The White House announced that the order will establish food supply chain security task forces in the Justice Department and the Federal Trade Commission.
Photo: iStock/hxdbzxy
Drone-Hit Oil Tanker Is Now a Mile Off Bulgaria’s Coast
The 900-foot tanker doesn’t have a cargo on board, and images released by Turkish authorities last week showed a significant blaze on the ship.
Photo: iStock / HeliRy
Biggest Argentina Wheat Crop on Record Drives Logistics Frenzy
Prices paid to farmers in Argentina have hit an eight-year low, compounded by discounts for poor protein levels.
Chelmsford, U.K. August 2022. Photo: Hollie Adams/Bloomberg
U.S. DOT Announces Partner in Air Traffic Overhaul Plans
The DOT said the air traffic control system is safe, but the equipment is old, slowing flight traffic to maintain safety when equipment failures occur.
Photo: iStock.com/gorodenkoff
U.S. Vows Over $1B for Congo Critical Minerals Supply Chain
Under the U.S.-Congo strategic partnership, Congo has committed to shipping more of its minerals west toward the Atlantic Ocean over Angola’s Lobito railway corridor.
Photo: Bloomberg
Chinese Auto Parts Pour into German Car Market
The squeeze on Germany’s supplier base is part of a Chinese expansion that’s rattling the country’s industrial core.
Photo: AFP/Getty Images via Bloomberg
Could Road to Clean Shipping Run Through Nuclear Power?
A nuclear-powered vessel would be 39% faster than conventional cargo ships, allowing it to make 1.3 more round trip voyages per year on average.
Photo: iStock / Suphanat Khumsap
Italy Probes Labor Abuse at Fashion Giants
Although the probe initially was focused on luxury group Tod's, prosecutors in Italy are also ordering Dolce & Gabbana, Versace and Prada, among others, to turn over documents.
Photo: iStock / fatido
Layoffs Relent as Holidays Approach, But Can't Rescue Dismal Year
Year-to-date through November, U.S. employers have announced more than 1.1 million layoffs, up 54% from that same period last year.
Photo: iStock / Andrii Yalanskyi
Ship Rates Spiking 467% Marks Upended Trade Across Commodities
Freight costs typically dip at year-end due to seasonal weakness in demand.
Photo: Bloomberg
Black Sea War Insurance Soars 250% After Ship Attacks
Underwriters are now charging as much as 1% for some Ukrainian ports in the Black Sea, according to two people involved in the market.
Photo: iStock / sandsun
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