Oil market shows fear that US is running out of storage space
The U.S. oil market is displaying worries that stockpiles are going to run out of storage space, with futures being whipsawed as a growing glut…
With airlines grounded, a pollution permit auction fails
Airlines pulled back from bidding in the European Union’s auction for permits covering greenhouse gas pollution, another indication that demand for energy is dropping rapidly.
US airline bailout to give loans and cash-for-equity aid
Struggling U.S. airlines will be eligible to receive federal loans and, if they are willing to give the government an option for an ownership stake,…
COVID-19 demand update: Oil seen down 4.9%, jet fuel down 20%, road fuel down 5.6% in 2020
Rystad Energy is creating a weekly comprehensive report calculating the effect of the novel coronavirus in our lives and updating estimates for global fuel markets.
100+ industry groups call for consistent DHS ‘critical infrastructure’ definition across COVID-19 responses
The American Chemistry Council (ACC) today joined more than 100 other business and trade associations representing a wide swath of the business community in pressing…
First passenger aircraft full of air cargo lands in Frankfurt
Loaded with around 30 tons of freight, a Lufthansa passenger aircraft landed in Frankfurt today at 2:14 pm after a flight time of 11 hours…
Blue Ridge appoints Baltussen as General Manager of Europe
Supply chain planning and price optimization leader Blue Ridge announced today that Maarten Baltussen has been named General Manager of Europe. Baltussen will lead Blue…
Port of Virginia handles first container of COVID-19 test kits with more on the way
The Port of Virginia® is beginning to handle its first import containers of COVID-19 test kits and protective gear for frontline medical personnel and is…
Uptake offers free predictive maintenance software to fleet operators during COVID-19
Starting today, companies with fleets that are tasked with moving goods to meet the COVID-19 demand can register for free Uptake predictive maintenance software. With…
DACHSER expands Chile’s connection with Europe with new LCL service
DACHSER, a premier global logistics solutions provider, announced that shippers looking for direct access from Europe to Chile can now take advantage of its new…
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