Commodities - Spark Newswire

3 minute read

Crypto Community Remembers How Nixon Killed The Dollar, Reminds Bitcoin Is A Solution

Today, 5:50 AM

The crypto community — but most of all, the Bitcoin (CRYPTO: BTC) community — is pointing out the disastrous consequences of the Richard Nixon administration's decision to take the dollar off of the gold standard in 1971, exactly 50 years ago.

TWTR

4 minute read

Leasing Firm To Convert 18 Airbus A321 Passenger Jets To Freighters

By FreightWaves

Today, 5:50 AM

Aircraft leasing company BBAM Limited Partnership on Monday placed the largest order to date for the new Airbus A321 converted freighter, which is attracting growing attention from express delivery companies and airlines supporting parcel networks that are experiencing rapid growth in e-commerce business.

ATSG

1 minute read

Orion Engineered Carbons to Increase Prices For Carbon Black In North America By $0.08/Pound

By Bill Haddad

Today, 5:50 AM

Orion Engineered Carbons (NYSE:OEC), a leading global supplier of specialty and high-performance carbon black, announced today that effective September 15, 2021, or as permitted by customer contracts, the company is

OEC

5 minute read

Canadian Grain Shippers, Railroads Brace For Lower Grain Volumes

By FreightWaves

Today, 5:50 AM

Canadian grain shippers expect rail service to match demand this crop year, although lingering service issues from summer wildfires plus broader network capacity concerns are also on their minds. Grain stakeholders anticipate lower volumes this crop year, which runs from Aug. 1 to July 31, 2022, as this summer's drought in western Canada will likely lower crop volumes.

CNI

2 minute read

Shell Must Dish Out $29.5M To Aid in WW2 Fuel Cleanup, EPA Turns Up Heat On Oil Companies

By Diya Patel

Today, 5:50 AM

The Environmental Protection Agency has just closed on a settlement with Shell Oil Co. (NYSE: RDS-A). Shell must now pay almost $30 million upfront and more than half of all future cleanup costs of a World War II fuel contamination site.

RDS-A

3 minute read

Albertsons Unveils Prime-Like Grocery Delivery Subscription

By FreightWaves

Today, 5:50 AM

One company is seeking to turn grocery shopping from an errand to an activity.

ACI

2 minute read

Mid-Afternoon Market Update: Dow Turns Positive; Sesen Bio Shares Plummet

By Lisa Levin

Today, 5:50 AM

Toward the end of trading Monday, the Dow traded up 0.03% to 35,526.99 while the NASDAQ fell 0.34% to 14,771.91. The S&P also rose, gaining 0.02% to 4,468.88.

COLL

4 minute read

Surging Container Rates, Semiconductor Shortage Only Blips On Radar For Arrival, ELMS

By FreightWaves

Today, 5:50 AM

Two electric van startups are facing different challenges in the months ahead, but at least one analyst remains supportive of both firms' long-term potential.

ARVL

2 minute read

Canada Peterbilt Dealer Cervus To Go Private In $240M Sale To Brandt Tractor

By FreightWaves

Today, 5:50 AM

Heavy equipment seller Cervus Equipment, which owns a large Peterbilt dealer network in Canada, has agreed to be acquired by Brandt Tractor for CA$302 million ($240 million) in a deal that will take the company private.

2 minute read

Mid-Day Market Update: Crude Oil Down Over 2%; Travere Therapeutics Shares Jump

By Lisa Levin

Today, 5:50 AM

Midway through trading Monday, the Dow traded down 0.36% to 35,388.46 while the NASDAQ fell 1.24% to 14,639.36. The S&P also fell, dropping 0.54% to 4,443.76.

ENLV