[Freightos Weekly Update] Shanghai extends lockdown, increasing impacts on ocean and air.
Key insights: 1 The indefinite extension of the Shanghai lockdown is causing a significant slowdown of operations at the city’s major air and ocean ports…
US NTSB is assisting China on crashed jet’s second black box
U.S. crash investigators on Tuesday confirmed they are assisting China with downloading the second black-box recorder from an airliner that crashed two weeks ago.
Steerprop helped futureproof Alfons Hakans’ ASD tug Artemis
Shipping company Alfons Hakans trusted Steerprop to modernise the control system on Artemis, one of the longest-serving ASD tugs in the company’s fleet. Steerprop made…
Wheat soars on US crop worries and Ukraine export blockages
Wheat in Chicago surged as U.S. drought and trade route obstacles in Ukraine threaten to tighten global grain supplies.
Don’t expect US miners to replace Russian coal in Europe
U.S. coal miners including Peabody Energy Corp. are surging as the European Union proposes banning imports of the fuel from Russia. But it will be…
Realterm leases newly renovated final mile facility in the Netherlands
Realterm announces it has leased its 9,109-square-meter final mile warehouse at Hoofdveste 12 in Houten (Utrecht), NL.
Oil erases gains as EU ratchets up sanctions against Russia
Oil erased gains in choppy trade as a surging dollar offset expectations for tighter supplies after the European Union said it was working on more…
Wheat extends rally as weather worries add to export woes
Wheat futures headed for the biggest two-day rally in a month as weather worries and export challenges risk keeping global supplies tight.
Flying taxi pioneer Joby sees crowded U.K. as a prime market
California startup Joby Aviation Inc. has its sights set on the U.K. as a future market for its flying-taxi business.
GSC’S Arsenault: Space now more important than cost
Dave Arsenault, president of Oakland, Ca based GSC Logistics and a former president of Hyundai Merchant Marine America, warned that container space has become a…
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