Richard Clough

Business, Logistics, Top 100

UPS to Buy $1.5 Billion of Boeing Freighters as Air Cargo Booms

UPS Inc. cargo planes loaded with packages land and take off at UPS World Port Center at Louisville International Airport in Louisville, Ky. (John Sommers II for Transport Topics)

UPS Inc. agreed to buy 19 Boeing Co. freighter jets as soaring e-commerce and snarled shipping lines lead to a boom in air-cargo demand.

Richard Clough | Bloomberg News

December 21, 2021

Business

Elon Musk Named Time’s Person of the Year

Elon Musk by Susan Walsh/Associated Press

Elon Musk (Susan Walsh/Associated Press)

Elon Musk was named Time magazine’s “Person of the Year,” capping a run during which the head of Tesla Inc. solidified his standing as the world’s richest person and turned his onetime electric vehicle startup into a $1 trillion company.

Richard Clough | Bloomberg News

December 13, 2021

Business, Equipment, Logistics

Home Depot Reunites With HD Supply in Deal Catering to Pros

A Home Depot store is shown in Colma, Calif., on Jan. 16.

A Home Depot store is seen in Colma, Calif., on Jan. 16. (Jeff Chiu/Associated Press)

Home Depot Inc. agreed to buy building products distributor HD Supply Holdings Inc., reuniting the home-improvement retailer with its former subsidiary more than a decade after they split apart.

Richard Clough | Bloomberg News

November 16, 2020

Government, Business

Port of Los Angeles Sees Coronavirus Drag Through Most of 2020

Port of Los Angeles by Patrick T. Fallon/Bloomberg

The shipping industry will remain volatile for most of 2020 as the coronavirus outbreak in China upends the global supply chain, said the head of the largest U.S. container port.

Richard Clough | Bloomberg News

February 25, 2020

Business, Logistics