Libya’s biggest oil field stops producing as crisis deepens
Production was halted at Libya’s biggest oil field and protesters threatened to keep a key export terminal closed, as the OPEC nation plunged deeper into…
New Cummins B6.7™ propane autogas engine offers high-performing, low-carbon option
Medium-duty fleet owners looking to invest in an alternative energy source that provides clean, affordable, and reliable benefits have new technology to turn to with…
Powering up: Global battery demand to surge by 2030, supply headaches on the horizon
As the energy transition quickens and countries and consumers strive to decarbonize, global battery demand could surge exponentially and approach nine terawatt-hours (TWh) annually by…
Rush to replace Russian coal propels fuel to unprecedented gains
A global race to secure coal sparked by fears of a shortfall in supply from Russia, one of the biggest producers, has sent prices to…
[Freightos Weekly Update] War in Ukraine roils ocean and air logistics
Key insights: 1 Rising oil prices due to the war in Ukraine is expected to increase freight rates across all modes soon. 2 Airspace bans…
EU seeks to end Russia’s most-favored nation status at WTO
The European Union is seeking to remove Russia’s most-favored nation status at the World Trade Organization, a move that could further hit 95 billion euros…
Ukrainian ports are in the frontline of the conflict
The International Association of Ports and Harbors (IAPH) stands with the people of Ukraine in the escalating humanitarian crisis the war is causing in their…
Canada’s WestJet Airlines agrees to buy low-cost rival Sunwing
Canada’s WestJet Airlines Ltd. agreed to buy low-cost rival Sunwing Airlines and Sunwing Vacations tour operations, ramping up competition in an industry that’s emerging from…
Treasury’s Yellen urged to ensure crypto isn’t Russia sanctions workaround
A group of key Senate Democrats wants to know more about what the Treasury Department is doing to ensure digital currencies aren’t being used to…
CEMEX invests in on-demand digital delivery solution
• PartRunner is a technology and logistics company that services the construction industry. • Investment in PartRunner aims to streamline logistics, improve job site efficiency,…
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