Italy’s record jet fuel sales a sign of Europe’s Covid recovery
Italy’s jet fuel sales last month reached their highest level in at least 22 years, signaling that the European market is returning to solid growth…
Maersk owners offer $840 million for Sweden’s Concentric
The family controlling A.P. Moller-Maersk A/S agreed to buy a Swedish maker of engine products for about 8.59 billion kronor ($840 million), spending some of…
Qantas profit falls on cost of fixing damaged reputation
Qantas Airways Ltd. said full-year profit fell as the airline invested more to repair its battered reputation and air fares declined.
Train movements in Canada close to normal after labor chaos
Train movements at Canadian National Railway Co. and Canadian Pacific Kansas City Ltd. are almost back to normal after a short lockout of unionized workers,…
Houthis say tugs can tow away stricken Red Sea oil tanker
Yemen’s Houthi militants said they’ll let tugboats tow away an oil tanker that they attacked last week in the Red Sea, a step that might…
China proposes new curbs on grain imports to boost local prices
China is asking domestic traders to buy less foreign grains as ample supplies and weaker-than-expected demand weigh on prices and threaten its longstanding policy to…
AFS Logistics appoints Dyer as new CEO
Industry veteran has a proven record of driving growth for 3PLs and optimizing and executing transportation networks
Oil baron confronts skepticism over his $1.5 billion railroad to Banff
Adam Waterous is on a quest to relieve car congestion in the mountain paradise of Banff National Park, but conservationists are dubious about his plans
Boeing delays force top Africa carrier Ethiopian to lease planes
Boeing Co.’s delays in fulfilling orders has forced Africa’s biggest carrier, Ethiopian Airlines, to lease aircraft to stay on track with its expansion.
Maersk’s Clerc calls on IMO to support reduced carbon emissions in shipping
On August 27th, Clerc spoke to reporters at the newly built containership Alette Maersk naming ceremony. The ceremony occurred at the Port of Los Angeles…
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