In a review spurred by its recent acquisition of Logistyx Technologies, logistics software vendor E2open had its debt rating affirmed by S&P Global Ratings. E2open (NYSE: ETWO) went public for the second time in early 2021, this time through CC Neuberger Principal Holdings, a special purpose acquisition company. Despite the...
Borderlands: Mexico reclaims its position as the top US trading partner
Mexico has reclaimed its position as the United States' most important commercial partner. In February, Mexico surpassed China to become the United States' biggest trading partner, relegating China to third place. Mexico's commerce with the United States climbed by 16% year on year in February to $56.25 billion, with imports...
Greenbrier predicts an increase in global fertilizer and grain markets as a result of Ukraine’s invasion
The invasion of Ukraine has provided "tremendous potential" for bulk commodities such as grain and fertilizer in Europe and North America, officials with Oregon-based railcar manufacturer The Greenbrier Companies said during an earnings call for its second fiscal quarter, which ended on Feb. 28. "The tragedy in Ukraine and its...