Air Freight News
Xeneta real-time container freight rates update: week 49
Spot rates out of Far East almost 2000 USD cheaper per FEU than long-term rates in dramatic turnaround
Pall-Ex Group paves the way for London delivery success
Palletised freight distributors have historically faced challenges with last-mile delivery in urban areas, with London being notoriously difficult. The problem stems from high levels of…
Emissions estimates as accurate as the real thing - nearly
Signal Ocean’s emissions estimation algorithm exceeds 90 per cent accuracy
German utility signs 25-year deal to import gas via new terminal
German utility EnBW Energie Baden-Wuerttemberg AG agreed to import liquefied natural gas and green ammonia for 25 years as the country substitutes lower Russian supplies.
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U.S. battery storage capacity will increase significantly by 2025
Developers and power plant owners plan to significantly increase utility-scale battery storage capacity in the United States over the next three years, reaching 30.0 gigawatts…
New technology enables real-time carbon monitoring
Mammoet has developed a new technology platform that reports emissions data from heavy lifting equipment in real time. The system allows customers to accurately predict…
Oil tankers stuck near Turkey rack up $13 million bill so far
The snarl-up that’s delayed millions of barrels of oil near Turkey’s key shipping straits is already spiraling into an enormous and contentious bill for the…
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Biden to announce $36 billion for ailing teamsters’ pension fund
President Joe Biden will announce a $36 billion bailout for the Central States Pension Fund, helping to shore up one of the nation’s biggest multiemployer…
Millions of barrels of oil halted near Turkey in sanctions mess
A backlog of oil tankers at the Turkish straits continues to build up as negotiations failed to produce a solution to an insurance glitch caused…
Why swaths of Russian oil trade far below G-7’s $60 cap
Four days into the G-7’s cap on Russian oil prices, and it appears most — but not all — of it is trading well below…