Fuel-tanker demand is booming as Asia, Middle East refine more oil
The center of gravity in the global oil-refining complex is shifting sharply eastward — and that’s spurring a boom in the business of building ships…
Natural gas weekly update – March 30, 2023
South Central storage withdrawals set a record low this winter heating season
TN General Assembly passes Governor Lee’s “Landmark Transportation” bill
Tennessee Department of Transportation (TDOT) marked the legislative passage of the Lee administration’s Transportation Modernization Act, a landmark bill that will create a new strategy…
Hyundai Motor America and Kia America recall vehicles
Hyundai Motor America and Kia America recall vehicles by urging owners to park their vehicles outside and away from homes and other structures until the…
RK Logistics Group enters Texas market with inaugural facility in Austin’s Silicon Hills
RK Logistics Group announced the opening of its first Texas logistics support center in Austin’s Silicon Hills.
WorldACD weekly air cargo trends (week 12):
Global tonnages show signs of weakening trend
Russia tightens grain trade grip as Western firms pull back
In the span of just two days, the future of Western grain traders in Russia has been quickly rewritten.
European airlines are set for a good summer on strong demand
The summer travel season is shaping up to be a good one for European airlines, prompting Deutsche Bank AG and Barclays Plc to upgrade several…
EU seeks EV rules clarity before signing key US mineral deal
The European Union is seeking to clarify several issues with the US before signing an agreement on critical minerals designed to give EU companies access…
Biden makes electric vehicle credits elusive in bid for US auto renaissance
The Biden administration’s requirements for electric vehicle tax credits will reduce the number of models eligible for incentives until tens of billions of new investment…
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