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Delays, Freight Rate Hikes Likely as Ukraine War Disrupts Shipping Operations

The key port cities Odessa and Mariupol in Ukraine have suspended most operations, leaving over 1,000 commercial sailors unable to move cargo containers through the Kerch Straight and the Black Sea. The glass manufacturing and other commercial construction industry sectors that rely on Eastern…

AGC to Sell North American Architectural Glass Business to Cardinal Glass Industries

Officials from AGC Inc. announced the company will sell its North American architectural glass business to Cardinal Glass Industries, according to a June 15 AGC release. The $450 million deal is subject to the approval of the related authorities, and the earliest closing would be July 2021,…