Here are the business stories making the headlines today.
Train cracks report calls for standards review
Industry standards should be reviewed after fatigue and corrosion led to high-speed trains being withdrawn from service, the rail regulator has found.
Cracks were found in more than 180 Hitachi trains being used by Great Western Railway (GWR) and London North Eastern Railway (LNER) last year.
The Office of Rail and Road (ORR) told the BBC the damage was partly due to the trains being corroded by salt in the air.
Hitachi Rail said it took "appropriate action to prioritise safety". In May 2021, the withdrawal of the damaged Hitachi Class 800 and 385 series trains led to a week of delays and cancellations for travellers.
Cracks were also found after examination of ScotRail's Class 385 and Southeastern's Class 395 trains.
North Sea workers tell SNP they lack support for renewables switch
A survey led by an SNP politician has found just one in 10 workers in the North Sea oil and gas industry say they have enough opportunities to switch to renewables.
Gillian Martin called for action from government and sector leaders after hearing testimony from more than 500 oil and gas employees as part of her study.
The Aberdeenshire East MSP told the Press & Journal there was now an urgent need for a series of high level summits to break down the various barriers she found was holding back the “just transition” away from fossil fuels to cleaner energy sources.
In response to the survey, workers claimed renewable energy firms “discriminated” against applicants with a background in the offshore sector. They blamed a perception of higher pay expectations and a fear they could be a “flight risk” if a new oil and gas opportunity was offered.
Chinese lockdown sparks container chaos
Containers are piling up at China’s biggest port as the lockdown in Shanghai threatens new disruption to global supply chains, according to the Telegraph.
Shipping lines have warned that a lack of trucks to shift cargo is making it impossible to clear imported goods, leaving some vessels unable to deliver their loads.
In an advisory sent to customers, Japanese carrier Ocean Network Express (ONE) said trucking availability was “very limited”, resulting in “critically high” usage of some delivery yards.
Maersk, one of the world’s biggest shipping companies, said its staff have been “working around the clock” to address issues, and is offering to let clients planning deliveries to Shanghai switch to another destination free of charge.
Broken rail delays Aberdeen trains
A damaged line near Portlethen has reopened with speed restrictions after temporary fix.
Many trains heading north to Aberdeen or south to Dundee were delayed or revised yesterday after a broken rail was reported on the track.
Network Rail Scotland reported that the delays are being caused by a broken rail at Portlethen.
Broken rails can be caused where the track is overloaded or by a small defect in the rail itself.
A team was sent to temporarily fix the issue on the line until it can be properly addressed. The line has now been reopened for use with a speed restriction of 5mph in place.
Stamp prices on the up
The price of a first class stamp has risen by 10p to 95p as Royal Mail seeks to cover higher delivery costs while the number of letters being sent falls.
Second class stamps have also increased by 2p to 68p.
Royal Mail told the BBC it was having to deliver to a growing number of addresses, which was adding to costs.
But some people criticised the move at a time when the cost of living is increasing and the firm's profits have jumped.
The price of first and second class stamps have more than doubled since 2010, when they cost 41p and 32p respectively. In 2000, it was 27p and 19p.