Air Freight News
OOCL Trans-Pacific trade service update for March 26
In response to the expected low demand in the market, OOCL would like to provide an update to its March 26 announcement on the withdrawal…
MSC TransPacific network seasonal changes and omissions
MSC announces TransPacific network seasonal changes and omissions due to a necessity of rationalizing capacity from April to June 2020 within its network in order…
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Jumbo Javelin upgrades power generation with Alewijnse switchboards
Jumbo has called on Alewijnse Marine to fabricate and install two switchboard panels for its heavy lift crane vessel Jumbo Javelin. Alewijnse Marine will engineer,…
Steel industry groups urge Congress to include infrastructure in next stimulus bill
Five major steel industry groups today strongly urged Congress to include significant infrastructure investment in the next phase of COVID-19 stimulus legislation to provide a…
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New Port of Corpus Christi Commissioner Gulley sworn in
The Port of Corpus Christi Authority’s newest Commissioner, Dr. Bryan Gulley, was sworn in on Tuesday, March 24, 2020. Nueces County Judge Barbara Canales administered…
Whiting bankruptcy shows how shale crash imperils supply chain
Whiting Petroleum Corp.’s bankruptcy shows how pain in the shale patch is reverberating throughout the oil supply chain.
NATSO, ATA urge local governments to ensure drivers, emergency relief supplies aren’t delayed
NATSO, representing truckstops and travel plazas, and the American Trucking Associations (ATA) have urged state and local governments to carefully consider the operational differences of…
Couriers urged to contact governors to be declared essentials services for public safety
Couriers must be declared essential service providers in every state for the sake of public safety. Because of that need, today the Customized Logistics and…
Oil storage tanks are filling up, making production cuts ‘inevitable’ in Canada
Rock-bottom prices for Canadian oil and a lack of demand are setting the stage for “inevitable” production cuts, according to Goldman Sachs, which says the…
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COVID-19 demand update: Oil seen down 6.4%, jet fuel down 26%, road fuel down 5.5% 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.