EU is weighing fresh sanctions on $5.3 billion in Russian trade
The European Union is weighing a new round of restrictions that would hit some €5 billion ($5.3 billion) in trade with Russia as part of…
Econolite and ZincFive expand partnership to deliver more sustainable power solutions to the global ITS market
Econolite, part of Umovity and the leader in One-Stop-Shop advanced traffic management solutions, announced today that it has expanded its partnership with ZincFive (Portland, OR)…
Thailand to scrutinize sugar exports in bid to curb inflation
Thailand, the world’s second-biggest sugar exporter, will start regulating domestic prices of the sweetener and scrutinize exports in an attempt to control inflation and maintain…
[Freightos Weekly Update] Ocean rates may have reached new floor; new Panama Canal restrictions on the way
Key insights: 1. Transpacific ocean rates ticked up slightly last week with prices level overall since early October. This relative stability shows carriers are having…
JetBlue cites ‘staggering’ delays while forecasting loss
JetBlue Airways Corp.’s shares tumbled the most in more than a year after the carrier forecast a worse-than-expected loss this quarter, citing constraints on its…
ITIC warns ship managers of the dangers of management mistakes
International Transport Intermediaries Club (ITIC) – a mutual insurer that provides professional indemnity cover for transport intermediaries operating in the marine, offshore, renewable and aviation…
Demystifying AI essential to empowering future workforce says Raft CTO and Co-Founder Nisarg Mehta
Artificial Intelligence should be thought of as an everyday work companion that assists with and augments daily tasks, Mehta told delegates at the WESCCON 2023…
Offshore Wind Supply Chain Organization rebrands as “Oceantic Network”
The Business Network for Offshore Wind, marking a decade of helping businesses build the offshore energy supply chain, broadens its mission to encompass diverse forms…
Employment Cost Index Summary – September 2023
Compensation costs for civilian workers increased 1.1 percent, seasonally adjusted, for the 3-month period ending in September 2023, the U.S. Bureau of Labor Statistics reported…
Etihad partners with WFS for Copenhagen launch
WFS handles up to 5,000 tonnes of cargo a year for the airline, which commenced four Boeing 787 Dreamliner flights a week to the Danish…
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