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Recent Articles

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FedEx to close heavy maintenance hangar at Los Angeles International Airport by June 2024, with plans to move operations to Indianapolis to reduce costs, improve efficiency; site currently employs around 400 workers, who company will attempt to reassign

Many European pulp producers reported record earnings in 2022, as soaring pulp prices more than offset higher costs for electricity, raw materials; global demand for pulp in 2022 up 1.3% across all markets except China, but demand, prices softened in Q4

WestRock chooses Wagner Logistics to negotiate a cost-optimizing lease for its California warehouse and manage complete paper handling operations; WestRock has saved approximately 20% on occupancy costs based on building owner’s quoted market value

Global Maritime Forum identifies four actions shipping industries can take to support a zero-emission future and lower annual fuel costs by US$50B at today's prices; actions include scaling up pilots, standardizing data and contractual, policy changes

Metsa Board aims to improve energy efficiency by 10%, reduce process water per tonne of production by 35% by 2030, continue to phase out fossil fuels, with mill currently using 87% fossil-free energy; energy costs accounted for 18% of total costs in 2022

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