A surge in shipping costs due to turmoil in the Red Sea is pressuring Europe’s diesel supply chain, contributing to a sharp jump in fuel prices.
France’s privacy watchdog said Jan. 23 that it hit Amazon’s warehouse unit with a $35 million fine for using an “excessively intrusive system” to monitor worker performance and activity.January 23, 2024
French shipping giant CMA CGM SA agreed to buy U.K. logistics company Wincanton Plc, part of the billionaire Saade family’s buying spree to diversify its transport operations.
Rivian Automotive Inc. started delivering the electric vans it makes for Amazon to Europe in the EV maker’s first commercial shipments outside the U.S.
It sounds inconceivable that Europe’s plan for electric vehicles almost went awry because of an expensive technology that’s virtually unavailable, but that’s exactly what happened.
Royal Mail Plc will return $540 million to shareholders, saying it’s increasingly confident that the online shopping boom spurring parcel deliveries will persist.
European energy markets from natural gas to carbon permits jumped to records, signaling the supply shortage will get worse just as the winter season starts. Stockpiles of everything from gas to coal and Norwegian water for electricity production are dwindling and there are few signs the situation will improve anytime soon as demand continues to roar back from a pandemic-driven lull.September 28, 2021
Germany’s two houses of parliament are poised to more than double the starting price for carbon dioxide emissions from the transport and heating industries when the charge is introduced in 2021.December 16, 2019
Germany has pulled ahead of Norway for sales of all-electric cars since the start of the year, putting Europe’s biggest auto market in position to become the regional leader on an annual basis for the first time.
Ford Motor Co. will eliminate about 20% of its workforce across Europe in a sweeping overhaul to tackle the carmaker’s falling sales in the region and lift weak profitability.