Fidelity’s Jorian Timmer wrote today: A market that is priced for success loses some momentum Despite the fact that the S&P 500 ended the week virtually unchanged, there was a lot going on as usual. The more speculative elements of the market have lost significant momentum even as investors clearly embrace the correct outcome of…
CMA CGM reported a mixed third quarter of 2025 as geopolitical tensions, volatile trade flows and ongoing disruptions in the Red Sea continued to weigh on profitability. Despite the headwinds, the French shipping group has pressed ahead with major global investments aimed at strengthening long-term competitiveness. Read also: CMA CGM sees rise in Sino-US shipments…
CRRC was selected as subcontractor by the lowest bidder for the light rail construction contract. The European Commission (EC) has informed Lisbon Metro that it will open an in-depth investigation into one of the bids submitted for the Violet Line design and construction contract, under Regulation (EU) 2022/2560 that prohibits foreign support that may distort…
A new container terminal on Colombia’s Caribbean coast on the edge of the Antioquia region’s vast fruit plantations is set to begin operations soon, handling its first deep-sea vessel to Europe. The first phase of construction for the Puerto Antioquia Marine Terminal, by Puerto Bahía Colombia de Uraba’s majority-owned CMA CGM, is scheduled to open…
Global trade has always been a key driver of economic growth, connecting countries and enabling access to goods, services and innovation. However, in recent years, technology has become the most powerful force changing how international trade works. from Digital payments From supply chain automation to artificial intelligence and blockchain, technology is redefining efficiency, transparency and…
Canadian company Advanced Power Dynamics will rehabilitate and modernize 180 diesel locomotives. The Egyptian National Railway Company has signed a C$296 million (US$211.3 million) contract with Canadian company Advanced Power Dynamics (APD), which will rehabilitate and modernize 180 diesel freight locomotives for ENR. The contract was officially announced at the TransMEA 2025 exhibition held in…
Warren Buffett’s US railroad BNSF has expanded its in-house partnership with CSX, boosting operations coast-to-coast, with former CSX chairman Joe Hinrichs rejecting the claim that Union Pacific (UP) sought to profit from the railway before its move to Norfolk Southern. Starting yesterday, the railroad announced the addition of several new five-day-a-week routes to the joint…
The United States secured new framework trade agreements last week that will cut one of the highest country-specific tariff rates while allowing certain tariff exemptions for four countries in Central and South America. The announcements, reported by SupplyChainDive, came in the same week that the United States formalized a trade-related agreement with South Korea, strengthening…
A: The market continues to grow due to three main factors. First, labor shortages continue to push the industry away from manual tasks and toward automation. Second, global supply chains are facing increasing disruption – from geopolitical turmoil to natural disasters – which means every second counts. Companies are upgrading their material handling equipment to…