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Amazon is back in the black + The world is slow in the transition to sustainable cargo fuel
Amazon reverses net loss position in 1Q 2023: E-commerce giant Amazon reported a net income of USD 3.2 bn in…
UPS reports lower 1Q 2023 revenue as freight volumes remain strained
UPS’ revenues fell 6% y-o-y in 1Q 2023 to USD 22.9 bn, according to the company’s earningsrelease (pdf). The quarter’s…
More logistics M&A coming?
OPEC’s oil production cuts could prompt a surge in mergers and acquisitions in the logistics sector, Supply Chain Digital quotes…
Airplane shortages face another hit from Boeing
Boeing could reduce deliveries of new jets, adding to an industry-wide shortage: Boeing warned it is likely to reduce deliveries…
Boeing ramps up deliveries of aircraft + HMM slashes container emissions over the past decade
Boeing handed over 64 new aircraft to customers last month, according toCNBC. This marks the manufacturer’s highest number of monthly…
PC shipments plummet in first quarter of the year. PLUS: Russia is still India’s main supplier of Urals + Microsoft launches maritime venture studio
PC firms see shipments plummet in 1Q 2023: Lenovo, HP, Dell, Apple, and ASUS all witnessed double-digit drops in their…
Western sanctions on Russian fuel = more costly trips for energy shippers
Western sanctions on Russian shipments have disrupted global energy shipping patterns, forcing global fuel suppliers to resort to longer and…
China’s chipmaking industry is at risk after Japan joins the US + Netherlands in curbing exports
Chip technology export restrictions to China are a major setback for the country:Japan’s recently introduced chipmaking equipment export restrictions will…
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