World

OTTAWA — A new study by the Canadian Climate Institute suggests that Ottawa’s recent energy agreement with Alberta will have only a minimal impact on reducing Canada’s greenhouse gas emissions, raising questions about the effectiveness of the province’s revised industrial carbon pricing framework.  The analysis argues that the limited environmental gains from the memorandum of understanding (MOU) are unlikely to offset the potential increase in oil production, mainly due to structural inefficiencies in Alberta’s updated carbon pricing system.  “I think they have to take a...

More than 100 volunteers from across the architecture, engineering and construction (AEC) industry will come together in San Diego on...

The debate over the proposed Union Pacific–Norfolk Southern merger has intensified after a powerful bipartisan House committee called for a...

The security situation in the Red Sea has taken a further escalation after Yemen’s Houthi movement announced it would target Israeli shipping, while also joining coordinated strikes alongside Iran against Israel amid a renewed exchange of missile fire between the two countries.  According to the group’s military spokesperson Yahya Saree, the Yemeni Armed Forces have launched missiles targeting Israeli interests, confirming their active participation in the latest phase of regional escalation.  In parallel, the Houthis declared what they described as...

Global air cargo markets saw a sharp weekly contraction in Week 22, with volumes dropping 9% year on year for...

A major step has been taken in the exploration of nuclear propulsion for commercial vessels, as American Bureau of Shipping (ABS) has granted approval in principle (AIP) for a next-generation reactor design intended for integration into cargo ship propulsion systems.  The concept has been developed through a...

A major shift could be on the horizon for U.S. employers as the U.S. Equal Employment Opportunity Commission (EEOC) moves...

A major shift has emerged for the US freight brokerage industry following a landmark Supreme Court ruling that found third parties can be held liable for negligent hiring practices.  The decision, issued unanimously on 14 May in a case involving C.H. Robinson Worldwide, is already being described as a turning point for how...

The United States is weighing the introduction of new tariff measures targeting 60 trading partners, following investigations into the alleged...

AD Ports Group has taken a major strategic step in its international expansion with its largest acquisition to date, moving into South America through a deal valued at AED3.1bn ($835m) for Brazilian agri-bulk terminal operator Corredor Logística e Infraestrutura (CLI).  The acquisition marks a first entry into the region for the Abu...