JBS USA said it paid $11 million in ransom to criminals responsible for the cyberattack that disrupted meat processing across North America and Australia, the latest high profile example of large corporations falling prey to extortion.
June 10, 2021No rankings are available for this year.
Extras
JBS Paid Hackers $11 Million After Hack Closed Plants
Connecticut Lawmakers Push Through New Tax on Trucks
The Connecticut General Assembly approved a bill that would impose a highway use fee on heavy commercial trucks.
Supply Chain to Remain Backed Up Until 2022, Experts Say
Imported cargo shipments to the U.S. are expected to remain at a record or near-record levels for several more months as consumer spending continues to restart the pandemic-damaged economy. But industry experts say all of that buying is clogging an already overtaxed supply chain.
Top Maritime Regulator Sees Shipping Snarls Lasting to 2022
The top U.S. maritime regulator said stretched global supply chains pushing ocean-freight rates to record highs may stay strained into 2022, raising concerns about whether small American companies can weather another year of a tangled transport system and much higher costs.
XPO Says GXO Spinoff Should Be Completed by Q3
XPO Logistics has moved up the potential timeline to complete a spinoff of its logistics operations into a separate company, and also has provided updated financial guidance that forecasts strong growth for the planned independent company.
Nations Set to Discuss Reducing Global Shipping CO2 Emissions
John Kerry wants to accelerate the decarbonization of the global shipping industry, which spews more carbon dioxide into the atmosphere each year than France and the U.K. combined.
Airbus Set to Move Ahead With A350 Freighter Within Weeks
Airbus SE is poised to begin taking orders for a freighter version of its A350 wide-body as soon as next month, in a challenge to Boeing Co.’s dominance in the market for dedicated cargo aircraft.
Walmart, Target Unveil Own Versions of Amazon Prime Day
Not to be outdone, Walmart and Target have announced they will hold big sales that will compete with Amazon Prime Day.
Manager’s Road Back to Baseball Took a Trucking Turn
Phillip Wellman is a baseball lifer, but a stint as a trucking fleet manager left an indelible impression.
Suddath Expands Local Moving Brand to Orlando
The Suddath Companies has expanded its recently launched MoveDay local moving brand to Orlando, the company announced June 7.