Air Freight News
United announces $5 million investment in carbon capture company Svante
United today announced its $5 million investment in carbon capture technology company Svante, who provides materials and technology as part of the value chain that…
Vietnam’s GDP growth eases in first quarter as exports slump
Vietnam’s economic growth decelerated more than expected in the first quarter as exports slumped.
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US, Japan strike deal on supply of minerals for EV batteries
The US agreed to boost cooperation with Japan on critical mineral supply chains and to expand access to tax breaks as President Joe Biden aims…
South African minister heads to China to resolve rail impasse
South African Public Enterprises Minister Pravin Gordhan will travel to China in April to discuss an impasse that’s blocked the delivery of locomotives and spare…
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‘Ghost trains’ plague South Africa’s beleaguered logistics firm
Transnet SOC Ltd. is probing the existence of illegal freight trains that are depriving South Africa’s state-owned rail operator of revenue.
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US goods-trade deficit grows slightly to widest since October
The US merchandise-trade deficit widened slightly in February for a third month as a decline in the value of exports exceeded a drop in imports.
Nor-Shipping partners to fuel progress with dedicated hydrogen conference
Nor-Shipping is partnering with Ocean Hyway Cluster and Maritime CleanTech to deliver The Second Nor-Shipping Hydrogen Conference on 7 June. The event, taking place at…
The core business delivered a good result for Blue Water in 2022
The transport and logistics group had a profit of 12 million USD last year – a bit lower than expected as extensive investments in the…
OGCI Climate Investments expands backing of Norsepower, leading provider of mechanical sails for large ships
• OGCI Climate Investments (CI) participated in recent €28 million Series C funding round for leading provider of mechanical sails for large ships, Norsepower •…
Fez Delivery, a techstars-backed logistics startup announces Seed raise of $1 million led by Ventures Platform
This funding announcement follows Fez Delivery's acceptance as one of the only two logistics companies in Nigeria to have received investment from Techstars Toronto