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FreightWaves wrote last week about a large European pulp and paper company that issued a negative profit warning for the first time in more than four years owing to deteriorating pulp demand in Europe and China and poor paperboard demand. Another week brings another profit warning from a large European pulp and paper company, this…
Shekar Natarajan is out as president of logistics provider Quiet Platforms. In a statement issued late Monday, the company said that Natarajan had exited the company, effective immediately. His departure was due to disappointing results at Quiet and the need to pull back on expenses in order to “reset the business,” according to a memo…
To view more FreightWaves infographics, click here The post Daily Infographic: The journey of a Valentine’s rose appeared first on FreightWaves.
The Canada Industrial Relations Board (CIRB) is reviewing whether a strike by railworkers at CN and CPKC would jeopardize Canadians’ health and safety. The review delays a possible strike by operating crews with CN and CPKC that could have begun as early as May 22 and could halt the shipment of $1 billion worth of…