AGP Executive Report
Last update: 2 hours agoShipping Security: Twelve attacks on vessels were reported across the Strait of Hormuz and nearby waters in a week, with one ship lost; traffic through the vital route is about 70% below pre-conflict levels. In the Black Sea, reported Russian strikes also hit Ukrainian rail infrastructure and a cargo vessel bound for Odesa. Rail Networks: Bangladesh received the first 18 of 200 passenger coaches ordered from India, while $550 million in new funding will advance North Carolina’s Raleigh-to-Richmond rail project. Auto Industry: A widening capacity glut is squeezing automakers: global factories can build 142 million vehicles a year, against projected sales of 85 million, while the industry’s operating margin was just 3.6% last year.
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