Ports of Indiana partners with OmniTRAX to create Mount Vernon Railroad as the new switching railroad
Ports of Indiana and OmniTRAX have announced the creation of the Mount Vernon Railroad to serve the Southwest Indiana port.
DB Schenker collaborates with Microsoft Cloud Logistics on low carbon intercontinental transportation and sustainable logistics
Comprehensive emissions reduction efforts for CO2e-savings across all transport modes and warehousing • Sustainable Aviation Fuel and Sustainable Marine Fuel in intercontinental shipping, renewable Diesel…
Oil prices slide 3% on prospect of more OPEC+ oil
Oil prices fell more than 3% on Thursday on a Financial Times report that Saudi Arabia, the world's top crude exporter, will give up its…
Funds approach Eni for second biofuel stake sale as it readies deal with KKR, sources say
Suitors have approached Eni over the potential sale of a second stake in its biofuel unit Enilive as the Italian group discusses the final details…
Natgas producer BKV valued at $1.56 billion in NYSE debut
Shares of BKV rose 3.1% in their debut on the New York Stock Exchange on Thursday, giving the U.S. natural gas producer a market capitalization…
Southwest lays out turnaround strategy under watchful eye of investors
Southwest Airlines on Thursday unveiled a slew of measures to turn around its struggling business, including partnerships, vacation packages for customers and sale-leaseback transactions for…
US airlines cancel over 1,000 flights due to hurricane Helene
Airlines in the United States have canceled or delayed thousands of flights on Thursday, as a strengthening hurricane Helene is expected to make a landfall…
FTC bars Hess CEO from Chevron board seat as condition of deal, say sources
U.S. antitrust regulators will bar Hess CEO John Hess from taking a board seat as a condition of its go-ahead of oil producer Chevron's $53…
Signal Ocean Dry Weekly Market Monitor - Week 39.2024
Snapshot of spot freight rates, supply-demand trends, port congestions
Montreal longshoremen approve potential strike as Canadian waterfront conflicts intensify
Amidst ongoing waterfront labour conflicts on Canada’s West Coast, a work stoppage has been threatened by longshoremen at the Port of Montreal, eastern Canada’s leading…
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