Daimler Truck Holding AG said demand for commercial vehicles will continue to outweigh supply in the second half of the year after the German manufacturer reported better-than-expected quarterly earnings.
The Rhine River is set to become virtually impassable at a key waypoint in Germany, as shallow water chokes off shipments of energy products and other industrial commodities along one of Europe’s most important waterways.
The world’s biggest container lines are on course to post profits in 2022 that will top last year’s record by 73%, according to a new forecast, buoyed by logistics and labor strains that are squeezing capacity amid sustained U.S. demand for imports.
A.P. Moller Maersk A/S agreed to by a Danish project logistic company Martin Bencher Group,
as the transport giant spends some of its windfall from surging container rates to expand its land-based operations.
Ukraine’s first shipments of grain since being invaded by Russia are a harbinger of relief for squeezed global markets, but many challenges remain before the millions of tons of food stuck in the country can be released.
An investor group led by Apollo Global Management Inc. is acquiring Atlas Air Worldwide Holdings Inc. for about $2.9 billion, expanding its foray into aircraft leasing and charter flying as demand for air cargo cools from pandemic-era highs.
China’s announcement of military drills around Taiwan as U.S. House Speaker Nancy Pelosi visits the island is already having ripple effects across global supply chains, prompting detours and causing delays of energy shipments.
Water levels on the Rhine River are set to fall perilously close to the point at which it would effectively close, putting the trade of huge quantities of goods at risk as the continent seeks to stave off an economic crisis.
The standoff between the U.S. and China over Taiwan has thrown a spotlight on growing risks to one of the world’s busiest shipping lanes — even a minor disruption could ripple through supply chains.