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GLOBAL & REGIONAL DAILY (Tuesday 3 November, 2020)

3 November 2020

GLOBAL & REGIONAL DAILY (Tuesday 3 November, 2020)

GLOBAL & REGIONAL DAILY

HIGHLIGHTS

November 3 2020

Global Markets

Today is presidential Election Day in the US, with Democratic nominee Joe Biden leading by a comfortable margin against the incumbent president Donald Trump in recent opinions polls, though the race for the Senate majority remains close.

Greece

The headline IHS Markit Greece Manufacturing PMI retreats to 48.7 in Oct-20 from 50.0 in Sep-20, returning to contraction territory. On...

https://www.allaboutshipping.co.uk/2020/11/03/global-regional-daily-tuesday-3-november-2020/

Daimler and Volvo seal fuel cell tie-up

2 November 2020

The Volvo Group and Daimler Truck AG will waste no time in developing hydrogen-powered fuel cells for long-haul trucking now that they have signed a binding agreement to form a jointventure in the rapidly expanding field of manufacturers pursuing the zero-emissions technology.

Daimler and Volvo are two of the world’s largest heavy-duty truck makers. Working together helps both companies. Daimler brings decades of fuel cell experience. Volvo brings cash to accelerate the work. Volvo is paying...

https://s29755.pcdn.co/news/daimler-and-volvo-seal-fuel-cell-tie-up

Veteran logistics media and data executive joins the FreightWaves Board of Directors

12 October 2020

Rhiannon James, former Chief Operating Officer at the Journal of Commerce (JOC) Group, has joined the FreightWaves Board of Directors, announced FreightWaves founder and CEO Craig Fuller. James is currently the Group President of Pharma, Healthcare and Technology at Questex, which includes the FierceMarkets media business.

In her role at JOC Group and subsequently at IHS Markit (NYSE:INFO), she had global responsibility for the media and events business, as well as overseeing the North America...

https://s29755.pcdn.co/news/former-joc-executive-joins-the-freightwaves-board-of-directors

Short seller publishes blistering takedown of Nikola

10 September 2020

Hindenburg Research, which makes money betting against companies with high stock prices, issued a blistering report Thursday on Nikola Corp., alleging an “intricate fraud” by founder Trevor Milton including at businesses he set up and exited in the past decade.

Hindenburg claims it uncovered dozens of lies and misrepresentations by Milton, who founded Nikola (NASDAQ: NKLA) in 2014 after selling a natural gas truck fueling business to Worthington Industries (NYSE: WOR). Mark Russell, who retired...

https://www.freightwaves.com/news/short-seller-publishes-blistering-takedown-of-nikola

Savannah tops in agricultural exports in 2019

26 June 2020

A photograph of five long lines of containers lined up next to each other.

The Port of Savannah was the top U.S. port in terms of containerized agricultural exports in 2019, the Georgia Ports Authority (GPA) said Thursday.

Agricultural products exported totaled more than 843,000 twenty-foot equivalent units (TEUs) in calendar year 2019, GPA said. Those agricultural volumes accounted for 60% of the port’s exports. Forest products such as wood pulp, paper and logs, as well as clay, cotton and poultry are under the agricultural products umbrella.

GPA drew on IHS Markit’s...

https://s29755.pcdn.co/news/savannah-tops-in-agricultural-exports-in-2019

Video: IHS Markit’s Sanchez discusses the Gulf energy market and coronavirus

18 June 2020

Offshore service vessels docked at Port Fourchon, La. WorkBoat file photo

Earlier today, WorkBoat Editor in Chief David Krapf talked with Richard Sanchez, senior marine analyst with IHS Markit in Houston. Sanchez discussed the state of the offshore energy industry and how drillers and offshore service vessel operators are dealing with the coronavirus pandemic.

Stay updated by subscribing to WorkBoat’s free twice-weekly e-newsletters.

The post Video: IHS Markit’s Sanchez...

https://www.workboat.com/news/offshore/video-ihs-markits-sanchez-discusses-the-gulf-energy-market-and-coronavirus/

Mitsubishi Fuso ending truck sales in US and Canada

28 May 2020

Mitsubishi Fuso Truck of America (MFTA) will stop selling Class 4-5 medium-duty trucks in the U.S. and Canada when it runs out of inventory, but it will continue providing parts and service for customers through at least 2028.

Mitsubishi Fuso Truck and Bus Corp. (MFTBC), which manufactures commercial vehicles in Asia,, announced the move Wednesday after making the decision on Tuesday. MFTBC is a brand of Stuttgart, Germany-based Daimler Trucks.

“The decision itself was sudden,” Bryan Allen, MFTA...

https://s29755.pcdn.co/news/mitsubishi-fuso-ending-truck-sales-in-us-and-canada

Introducing El Dorado: A TPM20 Tech Experience

17 October 2019

Introducing El Dorado: A TPM20 Tech Experience

Introducing El Dorado

The mythical city of El Dorado has come to represent a place that promises untold fortunes to those who find it. But that’s the challenge – it’s not easy to determine where El Dorado is or exactly what it represents. Technology buyers in the logistics space face a similarly quixotic quest, with people searching for more answers than there are solutions even if they know they need to set out on such a quest.

El Dorado will be...

http://www.allaboutshipping.co.uk/2019/10/17/introducing-el-dorado-a-tpm20-tech-experience/

Is your team worthy of international recognition?

8 April 2019

Recognising those at the forefront of safety in global shipping and logistics chain

This year’s Safety at Sea Awards will be held on Tuesday 10th September, during London International Shipping Week.

Every year we strive to recognise those companies that are setting higher safety standards for the industry, including crews that go above and beyond the call of duty, shoreside teams that provide exemplary support to their seagoing coworkers, employers that demonstrate their desire to do more than...

http://www.allaboutshipping.co.uk/2019/04/08/is-your-team-worthy-of-international-recognition/

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