Experts Warn of Spiking DEF Prices
Experts Warn of Spiking DEF Prices Prices for the diesel exhaust fluid that is a vital component of emissions systems on newer trucks are rising as costs for urea — a core DEF ingredient — have jumped. Źródło 22 February…
Europe to Tip Toward U.S.’s Tougher Stance on Russia, China
Europe to Tip Toward U.S.’s Tougher Stance on Russia, China The EU will impose fresh sanctions on Russian officials over the jailing of opposition leader Alexei Navalny and will moev ahead with measures to challenge Beijing over its crackdown in…
FreightWaves Flashback: JFK changing with the times
FreightWaves Flashback: JFK changing with the times FreightWaves Classics articles look at various aspects of the transportation industry’s history. If there are topics that you think would be of interest, please send them to fwclassics@freightwaves.com. The many industries that make…
GSCW chat recap: Brooke Sutherland on industrial and manufacturing landscape
GSCW chat recap: Brooke Sutherland on industrial and manufacturing landscape This fireside chat recap is from Day 1 of FreightWaves’ Global Supply Chain Week. Day 1 focuses on the military, aerospace and manufacturing. FIRESIDE CHAT TOPIC: Overview of the industrial…
Mississippi’s I-20 Bridge Project On Track Despite Weather
Mississippi’s I-20 Bridge Project On Track Despite Weather Mississippi Department of Transportation crews are pressing on with work to replace a bridge carrying Interstate 20 through the state capital. Źródło 22 February 2021, 20:00
Yellow hiring 1,500 drivers, opening 12 schools
Yellow hiring 1,500 drivers, opening 12 schools As the trucking industry continues to grapple with a lack of qualified drivers to meet elevated demand, less-than-truckload provider Yellow Corp., formerly YRC Worldwide (NASDAQ: YRCW), announced Monday it would add 1,500 drivers…
Ghost kitchens accepted into college
Ghost kitchens accepted into college Ghost kitchens have become the default way to profitability for many restaurants that faced extinction because of COVID-19 restrictions on in-person dining. They drew in both established restaurants as well as a bevy of startups…
Crossword Puzzle Solution for February 22, 2021
Crossword Puzzle Solution for February 22, 2021 Here’s the solution to the crossword puzzle found in February 22, 2021 print edition. Źródło 22 February 2021, 19:30
Hackers expose Hyundai logistics data after apparent ransomware attack
Hackers expose Hyundai logistics data after apparent ransomware attack Hackers leaked data related to Hyundai Motor America’s logistics operations on Monday and claimed responsibility for an apparent ransomware attack targeting the automaker and subsidiary Kia Motors America. Files posted by…
U.K. Vaccine Rollout Data Shows Substantial Drop in Infections
U.K. Vaccine Rollout Data Shows Substantial Drop in Infections A single shot of the vaccine produced by Pfizer led to a 57% reduction in cases of Covid-19 in people of age 80 and over, rising to 88% after a second…
GSCW chat recap: Suddath’s Lockwood on the consumer as the final mile
GSCW chat recap: Suddath’s Lockwood on the consumer as the final mile This fireside chat recap is from Day 1 of FreightWaves’ Global Supply Chain Week. Day 1 focuses on the military, aerospace and manufacturing. FIRESIDE CHAT TOPIC: Last-mile delivery…
Xos to Go Public and Expand Battery-Electric Vehicle Production
Xos to Go Public and Expand Battery-Electric Vehicle Production Xos Inc., a 5-year-old truck maker focused on delivering battery-electric commercial vehicles in Classes 5-8, announced a definitive agreement to go public through a business combination with NextGen Acquisition Corp., a…
Exiled Rwandan Opposition Figure Killed in South Africa
Exiled Rwandan Opposition Figure Killed in South Africa South Africa police have launched a murder inquiry into the killing of an exiled leading Rwandan opposition politician in Cape Town, with the victim’s party blaming the crime on Rwanda’s government. Źródło…
Vaccine distribution to rebound by midweek after winter storm delays
Vaccine distribution to rebound by midweek after winter storm delays The severe winter storms that have devastated Texas and surrounding states have delayed the distribution of 6 million COVID-19 vaccine doses. But Dr. Anthony Fauci, director of the National Institute…
Motional moves to driverless vehicle testing
Motional moves to driverless vehicle testing With agreements in place with ridesharing companies Via and Lyft (NASDAQ: LYFT), and backed by the expertise of Hyundai Motor Corp. (LSE: HYUD.LN) and Aptiv, Motional has taken another step in its desire to…
House Transportation Republicans Urge Bipartisan Policymaking
House Transportation Republicans Urge Bipartisan Policymaking Shortly after the House transportation panel handed off pandemic aid recommendations to the Budget Committee, transportation Republican policymakers called the process partisan. Here’s your Capitol Agenda look at the week ahead for trucking on…
Cipla in talks to bring Covid antidotes to India
Cipla in talks to bring Covid antidotes to India Expanding into home-testing, point-of-care diagnostics, in the hunt for technology Źródło 22 February 2021, 17:54
Vaccinating healthcare workers: A race against time
Vaccinating healthcare workers: A race against time Out of one crore workers, only 64.25 lakh have got the first shot Źródło 22 February 2021, 17:53
New industrial policy puts more districts on investment map, not just Chennai
New industrial policy puts more districts on investment map, not just Chennai Package gives more weightage for investments in southern TN and other industrially backward areas Źródło 22 February 2021, 17:53
QSR chains to grow at 23% CAGR: Report
QSR chains to grow at 23% CAGR: Report Quick-service restaurant (QSR) segment is expected to clock the highest growth in the food services space over the next 4-5 years, according to a repo Źródło 22 February 2021, 17:53
Train services partially resume in Kashmir valley
Train services partially resume in Kashmir valley After remaining suspended for 11 months due to Covid-19, train services partially resumed in Kashmir valley on Banihal-Baramulla section from Monday. Źródło 22 February 2021, 17:51
Hindalco announces capital allocation framework, amends dividend distribution policy
Hindalco announces capital allocation framework, amends dividend distribution policy The company has decided to allocate around 50% of the cash generated to growth Capex, around 30% towards debt reduction, 8-10% towards shareholder returns and the rest to be retained in…
In-principle nod for part of Telangana’s Regional Ring Road
In-principle nod for part of Telangana’s Regional Ring Road The Road Transport and Highways Ministry gave in-principle approval to a part of regional ring road project in Telangana to be undertaken at an estim Źródło 22 February 2021, 17:51
Chennai Port Trust to sign a slew of MoUs
Chennai Port Trust to sign a slew of MoUs Development of a multi-modal logistics park (MMLP) and feasibility to run a ferry service between Chennai and Karaikal in Puducherry are some of the Źródło 22 February 2021, 17:50
BJP government on sticky wicket over Panchamasali Lingayat’s quota demand
BJP government on sticky wicket over Panchamasali Lingayat’s quota demand Bharatiya Janata Party government in Karnataka, under severe pressure due to the indefinite dharna by Panchamasali Lingayat community demanding reserv Źródło 22 February 2021, 17:50
Metal stocks sizzle as demand lifts copper, zinc, aluminium base prices
Metal stocks sizzle as demand lifts copper, zinc, aluminium base prices Hind Copper jumps 14%; HIndalco, Vedanta too hit year-high Źródło 22 February 2021, 17:47
ATA Launches Efforts to Help Texans Battered by Storm
ATA Launches Efforts to Help Texans Battered by Storm American Trucking Associations has launched a relief effort aimed at helping those in Texas impacted by the recent deadly snowstorm. Źródło 22 February 2021, 17:45
Robots on Wall Street wrestle with confusing world of Reddit
Robots on Wall Street wrestle with confusing world of Reddit After the retail stock frenzy last month caused unprecedented havoc, hedge funds trawling the platform with algorithms have a renewed sense of purpose in their mission to figure out the…
Worrying signs: Global hunger is rising again
Worrying signs: Global hunger is rising again Even before Covid-19, the world was no longer on track to meet the SDG of eliminating hunger by 2030. Matters have got much worse since then Źródło 22 February 2021, 17:40
Karnataka to enforce Covid safety norms stringently, deploy marshals at functions
Karnataka to enforce Covid safety norms stringently, deploy marshals at functions State government concerned over low vaccination in Bengaluru Źródło 22 February 2021, 17:36
M&T Bank to Buy People’s United for $7.6 billion
M&T Bank to Buy People’s United for $7.6 billion M&T Bank agreed to buy People’s United Financial for $7.6 billion in an all-stock deal, the latest in a string of regional-bank tie-ups. Źródło 22 February 2021, 17:36
Bain Capital buys 30% stake in JM Baxi cargo terminal unit for ₹1,500 crore
Bain Capital buys 30% stake in JM Baxi cargo terminal unit for ₹1,500 crore The logistics firm will use investment to pare debt, fund expansion Źródło 22 February 2021, 17:35
Kuehne + Nagel Buys Apex Logistics in $1.5 Billion Deal
Kuehne + Nagel Buys Apex Logistics in $1.5 Billion Deal Kuehne + Nagel International AG has agreed to acquire Apex International Corp. in a deal that values the freight forwarder at about $1.5 billion, according to people familiar with the…
Daily Infographic: Navigating the Regulatory Landscape
Daily Infographic: Navigating the Regulatory Landscape To learn how Lytx can navigate the regulatory landscape click here. Źródło 22 February 2021, 17:30
Ravindra Sannareddy’s share holdings in Megasoft reclassified under public category
Ravindra Sannareddy’s share holdings in Megasoft reclassified under public category Based on submissions made by the Megasoft company, both NSE and BSE have accorded approval dated February 18, 2021, for reclassification of holdings o Źródło 22 February 2021, 17:16
Lucid Motors Reportedly Near Deal to Go Public
Lucid Motors Reportedly Near Deal to Go Public Lucid Motors Inc. is nearing a deal to go public through a merger with a blank-check company started by investment banker Michael Klein that could be announced early this week, according to…
Nasscom calls for National Data Utilisation Strategy
Nasscom calls for National Data Utilisation Strategy We must tap data in healthcare and anonymise the info to ensure privacy, says Sangita Reddy Źródło 22 February 2021, 17:11
What’s missing in Rahul Gandhi’s politics?
What’s missing in Rahul Gandhi’s politics? The de facto Congress chief seems to be failing in the game of symbolism in contrast to the leaders of the ruling party Źródło 22 February 2021, 17:10
Rethinking policies to generate jobs
Rethinking policies to generate jobs Govt must support small firms that spur employment and incomes, rather than focus only on deploying capital in large units Źródło 22 February 2021, 17:09
Right call
Right call Telecom PLI rightly combines incentives with output and export obligations Źródło 22 February 2021, 17:07
All you wanted to know about SPACs
All you wanted to know about SPACs If you think the Initial Public Offering (IPO) market is too dull for you, then you may wish for SPACs’ entry into India. Today Special-Purpose Acquis Źródło 22 February 2021, 17:05
Letters to the editor dated February 22, 2021
Letters to the editor dated February 22, 2021 Monetary policy strategyThis refers to ‘The changing face of monetary intervention’ (February 22). The change in the approach of MPC not to set intere Źródło 22 February 2021, 17:05
As bond yields harden further, all eyes on RBI
As bond yields harden further, all eyes on RBI With the yield on the two liquid 10-year Government Securities (G-Secs) hardening further by 5-7 basis points on Monday, all eyes are now on the next Źródło 22 February 2021, 16:59
Markets plunge on unwinding of long positions
Markets plunge on unwinding of long positions Feb series derivatives expiry coming up; Sensex sheds over 1,100 points Źródło 22 February 2021, 16:58
Massive Protests Sweep Myanmar During Strike to Oppose Coup
Massive Protests Sweep Myanmar During Strike to Oppose Coup Hundreds of thousands of people took to the streets across Myanmar in response to calls by activists for a general strike, mounting what appeared to be one of the largest demonstrations…
Four reasons why pharma stocks could fall out of favour as Covid recedes
Four reasons why pharma stocks could fall out of favour as Covid recedes The sector that had peaked out on the bourses in 2015 saw buying interest due to the focus on healthcare. However, the interest is likely to wane…
Auditor reports fresh ₹6,182-cr fraud in DHFL
Auditor reports fresh ₹6,182-cr fraud in DHFL But will not affect NBFC’s takeover by Piramal Group under the debt resolution process Źródło 22 February 2021, 16:48
Four firms in the fray to pick up Blackstone’s stake in Mphasis
Four firms in the fray to pick up Blackstone’s stake in Mphasis The race to pick up PE fund Blackstone’s stake in IT services firm Mphasis is hotting up, with at least four key international funds and a few minor…
GSCW chat recap: Jason Coker on national defense strategy, space commercialization
GSCW chat recap: Jason Coker on national defense strategy, space commercialization This fireside chat recap is from Day 1 of FreightWaves’ Global Supply Chain Week. Day 1 focuses on the military, aerospace and manufacturing. FIRESIDE CHAT TOPIC: National defense strategy…
Photos of the day: February 22, 2021
Photos of the day: February 22, 2021 Źródło 22 February 2021, 16:42
SC likely to hear NSEL plea on Tuesday
SC likely to hear NSEL plea on Tuesday Exchange wants court to direct SAT to hear its intervention in commodity brokers ‘fit and proper’ appeal issue Źródło 22 February 2021, 16:39
Jet Airways’ resolution: NCLT rejects staff unions’ plea
Jet Airways’ resolution: NCLT rejects staff unions’ plea Unions wanted to see plan to know if it protected their rights Źródło 22 February 2021, 16:37
SC stays Future Retail-Reliance deal; issues notice to companies
SC stays Future Retail-Reliance deal; issues notice to companies The Supreme Court has granted an interim stay on the Future Retail-Reliance deal. The top court has issued notices to Kishore Biyani-led Future Group Źródło 22 February 2021, 16:36
GameStop Shares Jump
GameStop Shares Jump The market action comes after Reddit user Keith Gill disclosed late Friday that he bought more of the retailer’s stock. Źródło 22 February 2021, 16:35
Corrective dip likely in palm oil
Corrective dip likely in palm oil The Crude Palm Oil (CPO) continuous futures contract on the Multi Commodity Exchange of India (MCX) has advanced 0.8 per cent on Monday and trades at Źródło 22 February 2021, 16:25
CBIC provides facilitation for exporters having IGST refund issues
CBIC provides facilitation for exporters having IGST refund issues It claims that such a measure will address the problem of refund blockage by allowing refunds subject to undertakings/submission of CA certificates by the exporters and post refund audit scrutiny. Źródło…
CSIR-CCMB celebrates Founder’s Day
CSIR-CCMB celebrates Founder’s Day CSIR-CCMB celebrated its fifth Founder’s day event commemorating the 93rd birth anniversary of its Founder-Director, Pushpa Mittra Bhargava on Monday Źródło 22 February 2021, 16:20
GSCW chat recap: XAct’s Dixon on last mile, AI and sustainability
GSCW chat recap: XAct’s Dixon on last mile, AI and sustainability This fireside chat recap is from Day 1 of FreightWaves’ Global Supply Chain Week. Day 1 focuses on the military, aerospace and manufacturing. FIRESIDE CHAT TOPIC: Last-mile logistics and…
Stocks Drop Amid Rising Bond Yields
Stocks Drop Amid Rising Bond Yields Major indexes fell shortly after the opening bell as rising government-bond yields prompted concern that technology shares are looking too expensive. Źródło 22 February 2021, 16:20
‘Accommodative monetary policy stance needed to strengthen economic recovery
‘Accommodative monetary policy stance needed to strengthen economic recovery All six members of the monetary policy committee (MPC) were on the same page with regard to strengthening the ongoing economic recovery even as a majo Źródło 22 February 2021, 16:19