The cost of hiring container ships has plunged 24 percent from a multi-year peak while raw material vessel rates have slumped 10 percent from a five-year high.
Half a century ago, a typical Sears salesman could walk out of the store at retirement with a nest egg worth well over a million in today’s dollars, feathered with company stock.
Tens of thousands of cargo ships, tankers, container ships and cruise liners belch noxious sulfuric gases and fine particles that drift over cities and cover them with smog.
With the peak holiday shipping season fast-approaching, global package delivery giant FedEx Corp is paying retirement-age pilots bonuses of up to $110,000 to keep them flying into next year.
There’s a lot to digest in the new trade agreement that the United States, Mexico and Canada finalized in deadline-beating fashion on Sunday, starting with a name change.
For the seasonal salad at the popular Oz Kafe in Ottawa, the shavings of Gouda cheese are a salty and delicious culinary accompaniment. To the United States, they are an element of an increasingly bitter trade dispute over dairy products, one that threatens to undermine its decades-long agreement with Canada.
For the seasonal salad at the popular Oz Kafe in Ottawa, the shavings of Gouda cheese are a salty and delicious culinary accompaniment. To the United States, they are an element of an increasingly bitter trade dispute over dairy products, one that threatens to undermine its decades-long agreement with Canada.