Stora Enso shipments slide as COVID-19 crumples paper demand April 22, 2020 Paper producer Stora Enso has suffered a loss of demand due to office closures linked to the COVID-19 pandemic. The firm’s CEO, Annica Bresky, has stated the firm faces “an accelerated structural decline for paper” and has extended its cost cutting program to cope. The drop in demand over the ... Read more →
Polar Vortex Could Freeze UPM Kymmene, Honda Midwest Supply Chains January 30, 2019 Extreme cold weather conditions, alongside an earlier flood of imports ahead of now-delayed tariffs, are causing significant rail and barge congestion in the midwest including Chicago. Shipments into the region climbed 8.7% year over year in 4Q 2018, including a 14.1% increase from China. Majo... Read more →