AAR Rail Traffic: Week of February 10, 2024
For this week, total U.S. weekly rail traffic was 484,840 carloads and intermodal units, up 4.5 percent compared with the same week last year...
China’s oil imports from Iran tumble to 11-month low, Kpler says
China’s imports of Iranian crude tumbled to the lowest level in 11 months, according to data from intelligence firm Kpler, following a standoff over the…
ITS Logistics Distribution and Fulfillment Q1 Index
50% drop in new space construction while consumer sentiment remains positive...
Musk woos Chinese suppliers to set up in US’s backyard
On the outskirts of Monterrey, Mexico, Chinese auto-parts makers are rapidly setting up plants to supply Tesla Inc.’s next factory. They join the ranks of…
Twice-attacked commodity shipper to stop using the Red Sea
Commodity shipping company Star Bulk Carriers Corp. will no longer sail through the Red Sea after attacks on two of its ships by Yemen’s Houthi…
Finncanopus’ naming ceremony completes Finnlines’ EUR 500-million Green Investment Program
Finncanopus, the second of Finnlines’ two hybrid freight-passenger Superstar vessels, was named in Naantali today. Finnlines’ EUR 500-million Green Investment Programme has thus been completed...
Today in Energy: Industry to drive tripling of natural gas consumption in India by 2050
In our International Energy Outlook 2023 (IEO2023), we project natural gas consumption to more than triple in India by 2050. We project annual growth of…
Republic of the Marshall Islands Maritime Administrator awards Approval in Principle for Anemoi Rotor Sails
Rotor Sails, also known as “Flettner” rotors, are vertical cylinders that harness the renewable power of the wind to provide additional forward thrust to the…
EU proposes sanctioning North Korea for sending Russia missiles
The European Union has proposed sanctions on North Korea for providing Russia with missiles used against Ukraine, according to documents seen by Bloomberg.
Malaysia’s biggest port considers new investors for $8 billion expansion
Malaysia’s biggest port operator, Westports Holdings Bhd., is considering external strategic investors to help fund a 39.6 billion ringgit ($8.3 billion) expansion that will see…
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