Occidental dilutes Icahn to pay Buffett as debt woes mount
Occidental Petroleum Corp. is paying a special dividend to Warren Buffett in shares rather than cash, diluting investors including activist billionaire Carl Icahn as the…
Henningsen to become new CFO at Hamburg Süd
Lasse Carøe Henningsen, 46, is to become the new Chief Financial Officer (CFO) at Hamburg Süd. He will be succeeding the current CFO Jakob Wegge-Larsen,…
Japan Airlines launches CHAMP’s end-to-end digitalization platform for domestic cargo operations
Working closely with CHAMP Cargosystems (CHAMP), its principal cargo IT systems partner, Japan Airlines (JAL) has successfully launched an advanced digitalization platform, designed to revolutionize…
Cobertura! Or how Mexico became the unlikely OPEC+ deal winner, really cutting 50,000 bpd at most
The elephants in the digital room had reached a compromise. Russia had agreed, Saudi Arabia too, and with them almost all of the other oil…
LATAM Cargo Brazil strengthens its operation in various states to transport essential goods
LATAM Cargo Brazil continues to intensify its operations in order to transport health-oriented products during the fight against Coronavirus (COVID-19). This week, the company adopted…
CMA CGM FAK rates - from Asia to North Europe for May
CMA CGM Freight All Kinds (FAK) rates(*) as follows as from May 1st, 2020 (date of loading in the origin ports) until further notice (but…
Crowley expands refrigerated cargo capabilities with new USDA inspection dock in South Florida
Crowley Logistics recently expanded its on-terminal, perishables handling capabilities by constructing a new USDA inspection dock in Port Everglades, Fla.
US crude stock builds break records as refinery runs forecast to fall by 3.8 million bpd in April
US crude oil stock builds hit a new weekly record in the week ending April 10 (week 15) as about 17.2 million barrels was sent…
IAG Cargo transports essential medical equipment and supplies
To meet your freight needs and to support its global network, IAG Cargo is operating cargo-only flights on its passenger aircraft. These are on selected…
ALAN launches supply chain intelligence center for COVID-19
As COVID-19 continues to challenge freight flows, a longtime logistics relief group is fighting back with an advanced visibility dashboard that it’s releasing free of…
Get the most up-to-date trending news!
SubscribeIndustry updates and weekly newsletter direct to your inbox!
Follow us on social media:
![[Freightos Weekly Update] Ocean rates climbing, with more increases expected soon](https://www.ajot.com/images/uploads/article/_thumbs/Support_grows_for_India%E2%80%99s_new_maritime_CCTV_rules.jpg)
![[Freightos Weekly Update] Container rates starting to spike on peak season rush](https://www.ajot.com/images/uploads/article/_thumbs/LB_stacked_containers.JPG)
