Volume 3 Issue 43
Shipping Costs Skyrocket During Pandemic
October 21, 2020The COVID-19 pandemic – along with multiple other disruptors – has upended the logistics market in the United States the past year, turning it from a buyers’ to a suppliers’ market.
HCC Down, WD-40 Up
October 21, 2020Heritage-Crystal Clean’s oil business segment reported lower revenue for the third quarter, while WD-40 posted higher net income and revenue for the fourth quarter of its fiscal year, compared to results a year earlier.
Equity Firm Buys Angus Chemical Stake
October 21, 2020France-based private equity firm Ardian paid $2.3 billion to acquire a 50% ownership stake in Angus Chemical Co. from Golden Gate Capital, which continues to own the other half of Angus.
From Other Editions of Lube Report
October 21, 2020Russia Softens Ban on Exports to Ukraine
Briefly Noted
October 21, 2020Berico Fuels, which along with subsidiaries Alamance Oil and Carolina Fuels delivers motor oil and other lubricants to businesses in the Greensboro Triad Area of North Carolina, named Will Berry to be the company’s president.