Air Freight News
OOCL Asia-Europe trade – service enhancement
In response to the evolving needs of the market, OOCL has announced the following Asia-Europe product changes and enhancements so as to provide more competitive…
US Department of Commerce strengthens commercial ties and expands digital attaché program in the UAE
To coincide with the first meeting of the new United States-United Arab Emirates Strategic Dialogue, U.S. Secretary of Commerce Wilbur Ross announced the Department is…
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Drewry port throughput indices for October
The Drewry Container Port Throughput Indices are a series of volume growth/decline indices based on monthly throughput data for a sample of over 235 ports…
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Ware raises funding to advance warehouse innovation, drone technology
Ware, a technology startup deploying autonomous drones for warehouse inventory counting, has closed $2.5 million in seed-round funding, led by UP Partners, with participation from…
Oil drops with Libya boosting production in coming weeks
Crude futures in New York and London declined after Libya’s National Oil Corp. said the country’s output would surpass 1 million barrels a day in…
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IAG Cargo restarts London to Tokyo, enhancing global network offering
IAG Cargo has restarted its direct service from the United Kingdom to Tokyo. The service will run year-round, three times per week from London Heathrow.  
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Successful rollout at Gebrüder Weiss: 1,000 customers using myGW
With only a month having passed since its launch, the new digital customer portal of Gebrüder Weiss has already reached the one-thousand-customer mark: the corrugated…
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China loading up on sorghum gives century-old trader a boost
Eight months after the phase-one trade deal entered into force, China is loading up on American sorghum, with the cereal giving a 128-year-old trading company…
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An agreement made to explore the possibilities of green hydrogen export from Iceland to Rotterdam
Landsvirkjun, the National Power Company of Iceland, and the Port of Rotterdam have signed a Memorandum of Understanding ("MOU”) to perform a pre-feasibility study of…
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Utility-scale battery storage costs decreased nearly 70% between 2015 and 2018
The average energy capacity cost of utility-scale battery storage in the United States has rapidly decreased from $2,152 per kilowatthour (kWh) in 2015 to $625/kWh…