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General Motors said it will extend production cuts at three of its North American plants until at least mid-March because of a semiconductor chip shortage around the world, according to Reuters.
The company also said vehicles at two other factories will be only partially built in the meantime. GM did not disclose the impact on its volumes or indicate which supplier and vehicle parts were affected by the shortage.
The company did say that it will focus on keeping production running at plants manufacturing the highest profit vehicles: full-size pickup trucks and SUVs, Reuters said. It aims to make up as much lost production as possible once the shortage eases.
“helped,” not succeeded
And I think the Trump period did keep them off balance to a degree. It used to be said that we were better off with a President and Congress of different parties–or perhaps that only applied once the neoliberal era firmly in place. But I believe that deep down neither party wants kibbitzing from pesky voters. Our banana republic is a power struggle between nitwits (or shining city on hill).
Donald
Divide and conquer the elites? It’s almost the opposite. Trump’s actual policies were hostile towards Russia, but the elites in both parties want a new Cold War with Russia and they got what they wanted. If Trump actually wanted substantive change in our foreign policy, which I doubt, he failed. He only succeeded in prolonging the war in Yemen and in giving Israel and the Saudis almost everything they wanted.
Sea freight on the China-Brazil route has soared and reached an unprecedented US$ 10,000 per TEU, according to importers and shipping companies operating in the port of Santos. ”It is a record high; I had never seen freight reach that amount,” said Luigi Ferrini, Senior Vice President of Hapag-Lloyd in Brazil. A year ago, the.
Stifel sees healthy 2021 for waste sector
Equity research firm sees disciplined management and sector growth benefiting waste company bottom lines next year.
For all that COVID-19 has done to the state of North American public health and the economy in 2020, the waste sector has maintained profitability and is set to see more profits accrue in 2021, says Baltimore-based equity research firm Stifel.
The company and its Group Head and Managing Director of Diversified Industrials Michael E. Hoffman have released a Solid Waste 2021 Outlook report predicting “room for upside surprise” for waste company shareholders. Hoffman and his Stifel colleagues point to cost savings “extracted” in 2020 lasting into 2021, combined with “new business growth from the strong housing cycle and lastly a better pace of mergers and acquisitions” as reasons for optimism.
By Tsvetana Paraskova - Dec 17, 2020, 1:00 PM CST Natural gas production and liquefied natural gas (LNG) exports, including in the United States, could get a boost from a relatively new and not-so-self-evident revenue stream the global shipping industry. Driven by stricter sulfur emissions standards and the ongoing global drive towards a lower-carbon future, the world’s top shipping operators and manufacturers are raising the share of vessels in the fleet powered by alternative fuels. LNG has so far emerged as the top choice among fuels alternative to marine gasoil and low-sulfur fuel oil to power ships, paving the way for another growth opportunity for the natural gas and LNG industries.