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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…

Bloomberg Reports that CRH Plans to Sell Oldcastle BuildingEnvelope

According to a Dec. 7 breaking news report from Bloomberg, CRH Plc is planning a sale of Oldcastle BuildingEnvelope in a deal that could be worth more than $3 billion, per “people with knowledge of the matter.”