Russia finds a new route to oil market via a tiny Egyptian port
Russia appears to have found a new means of getting its oil to market with western sanctions looming for Moscow.
Taiwan turmoil prompts detours, delays for global shipping
China’s announcement of military drills around Taiwan as US House Speaker Nancy Pelosi visits the island is creating ripple effects across global supply chains, prompting…
Nikola overcomes founder’s opposition to approve new shares
Nikola Corp. shareholders approved a measure to issue new shares to potentially raise capital, a move that founder and former chair Trevor Milton had opposed.
Omni Logistics adopts Persefoni’s carbon tech, committed to net zero carbon by 2040
Persefoni's software platform will identify and provide solutions to Omni Logistics to measure, manage and reduce its Scope 1 and 2 greenhouse gas emissions
Ryanair expects rush of customers after rivals limit capacity
Ryanair Holdings Plc expects to benefit from even higher customer numbers as its rivals limit their capacity, boosting the budget carrier after it revealed a…
Asia’s top diesel exporter cuts tariffs as trade gap swells
India, one of the biggest exporters of diesel in Asia, halved levies to boost shipments after the trade gap swelled to a record last month.
Numina Group continues double digit growth trajectory in 2022 in response to continuing high demand for warehouse automation solutions
Numina Group’s key services, design engineering and software driven warehouse automation integration, remain in high demand as manufacturers and distribution operations seek to increase their…
Square Mile Capital originates loans totaling $106MM to facilitate acquisitions of Central Florida logistics facilities
Square Mile Capital Management LLC (“Square Mile Capital”) today announced that it has originated two loans totaling $106 million to finance the acquisition of CenterState…
Port City Logistics will invest $16 million in new Wilmington facility
Savannah-based third-party logistics leader will employ 75 here
Trucker Tools adds motive tracking and telematics data to visibility platform
• Provider of telematics and ELD compliance technology (formerly known as KeepTruckin) integrates with Trucker Tools. • Shippers, brokers gain access to real-time truck location…
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