German factories see economic recovery picking up as orders rise
German factory orders rose in June, bolstering the recovery in Europe’s largest economy as an easing of pandemic restrictions supported business activity across sectors.
Oil decreases as crude stockpile data adds to virus concerns
Oil slumped in New York after a surprise increase in U.S. crude inventories added to renewed concerns about demand recovery as China battles the coronavirus…
Russia captures no. 2 rank among foreign oil suppliers to US
Russia is supplying more oil to the U.S. than any other foreign producer aside from Canada as American refiners scour the globe for gasoline-rich feedstocks…
Biden’s infrastructure bill sets up states for road windfalls
California and Texas are in line for more than $25 billion each to rebuild their highways should Congress pass a bipartisan infrastructure deal, the White…
Pettibone launches X-Command® Telematics for telehandlers, cary-lift and speed swing
Pettibone has introduced X-Command®, a new telematics program available for the company’s X-Series telehandlers, Cary-Lift pipe and pole handlers, and Speed Swing rail maintenance machines.…
CMA CGM Overweight Surcharge (OWS) from Asia & India to East Coast South America
CMA CGM has announced the following Overweight Surcharge:
Rail traffic for July and the week ending July 31, 2021
The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending July 31, 2021, as well as volumes for July 2021.
Boeing 737 Max heads to China for key test to end flight ban
A Boeing Co. 737 Max jet is on its way to China to conduct a flight test for regulators, people familiar with the matter said,…
CMA CGM FAK rates - from North Europe & the Mediterranean to West Africa for September
New applicable CMA CGM Freight All Kinds (FAK) rates as from September 1st, 2021 (date of loading in the origin ports) until further notice.
Abdelkerim appointed managing director of Bolloré Transport & Logistics Horn of Africa cluster
Since July 2021, Ahmat Abdelkerim is the Managing Director of the Bolloré Transport & Logistics Horn of Africa cluster. He will be managing the business…
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