Crowley mariners honored for heroic rescues by American Waterways Operators
The American Waterways Operators (AWO) has awarded Crowley mariners serving on the Crowley-managed containership Potomac Express and the company’s LNG-powered container/roll on-roll off vessel El…
Baker Hughes forecasts drop in producer spending as tariffs pinch demand
U.S. oilfield service provider Baker Hughes on Wednesday forecast steeper drops in spending by global oil producers as tariffs dent demand expectations and push down…
OPEC+ to consider another accelerated oil output increase for June
Several OPEC+ members will suggest the group accelerates oil output hikes in June for a second consecutive month, three sources familiar with OPEC+ talks told…
Boeing tackles US-China trade threat, shares rise on smaller-than-expected loss
Boeing's CEO pledged on Wednesday to protect the U.S. planemaker's recovery from the effects of a U.S.-China trade war, after reporting a smaller-than-expected quarterly loss…
US, China tariffs need to fall for trade talks to start, Bessent says
Treasury Secretary Scott Bessent said on Wednesday that he believes that excessively high tariffs between the U.S. and China will have to come down before…
Wabash and UP.Labs to modernize transportation manufacturing with AI-powered tools
Wabash, a leader in end-to-end supply chain solutions for the transportation, logistics and infrastructure markets, today announced a strategic partnership with UP.Labs, a pioneering corporate…
Wilson adopts Tilla Technologies to optimise crew change operations across one of Europe’s largest short sea fleets
Tilla Technologies today announces that Wilson, one of Europe’s largest short sea shipping companies, will use its software to manage all crew changes across 101…
Damen Shipyards Group signs MoU with Square Port Shipyard to build Damen vessels in India
The agreement continues Damen’s expansion into the subcontinent
Saudi Arabia slashes crude burn, taps gas for power generation by 2030
Crude burn—the direct use of crude oil in power plants and industrial facilities, primarily for electricity generation—has long been a staple in Saudi Arabia’s energy…
Nikkei Asia’s Moriyasu says some Trump tariffs are a “consumption tax”
“Three different types of tariffs institute a "de facto consumption tax “
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] Container rates starting to spike on peak season rush](https://www.ajot.com/images/uploads/article/_thumbs/LB_stacked_containers.JPG)
