Rio Grande Valley Sugar Growers Inc. recently announced it is closing after 51 years in business, citing dwindling water for irrigation and an ongoing dispute with Mexico over water supplies. The closure will result in layoffs of 435 employees, including 101 company truck drivers, for the sugar-growing operation and mill based in Santa Rosa, Texas….
For nearly two years, capital markets have punished Zim, the Israeli containership line whose fleet is the 10th-largest on the ocean. Zim’s model, which involves operating a subscale, highly chartered fleet of smaller vessels almost wholly exposed to the spot market, took a beating when collapsing spot rates collided with its high COVID-era lease expenses….
TotalEnergies Marketing Canada, a subsidiary of TotalEnergies, announced a five-year commercial partnership agreement with Calgary-based Boss Lubricants. Total Energies has been manufacturing and distributing lubricants to heavy-duty, automotive and industrial […]
Transport and logistics provider DHL Group said Tuesday that it has relocated its Norfolk, Virginia, operations to a facility more than twice the size of its prior location. The $7.3 million investment increases shipment capacity and enables faster processing, resulting in later cutoff times for shippers in eastern Virginia, said DHL, a German company with…
Deadlines are looming for all briefs to be filed with the Texas Supreme Court as it decides whether to review the enormous verdict against Werner Enterprises growing out of a 2014 fatal wreck. With interest, the sum now stands above $100 million. A primary brief was filed in October by attorneys for the Blake family,…