FAA awards $100M to develop next generation of sustainable aircraft technology
The U.S. Department of Transportation’s Federal Aviation Administration (FAA) has awarded more than $100 million for companies to help develop technologies that reduce fuel use,…
Port of Halifax welcomes direct call with India through MSC Indus 2 Service
The Port of Halifax will receive the first direct call between the West Coast of India and a Canadian port when the maiden call of…
EST-Floattech launches new battery designs
Octopus platform to serve growing and evermore diverse maritime market needs
Gebrüder Weiss cements presence in Bavaria
New location in Straubing / Gebrüder Weiss launching full-service logistics operations in the region on October 1 / Direct link to global network
Container shipping giant freezes spot rates amid trade chaos
The world’s third-largest container carrier said it’s capping spot rates for ocean freight for the next five months, yielding to pressure from some customers and…
LATAM Group receives offers for exit financing that exceed US$5 billion each and expects to recover pre-pandemic profitability by 2024
● The offers received for LATAM’s exit from Chapter 11 reaffirm the market's confidence in its business plan. ● The business plan considers the demand…
FMC announces National Shipper Advisory Committee membership
The Federal Maritime Commission today announced the membership of its newly formed National Shipper Advisory Committee.
Oversized cargo movement from UAE to Iraq
Kamar Al-Ard Company/Fleetline Shipping (FLS-KAA), member to the Worldwide Project Consortium (WWPC) for Iraq, handled oversized non-stackable industrial equipments and accessories from Dubai to Umm…
Breeze Airways™ resumes flights at New Orleans following Hurricane Ida; announces $1 million of travel commitment to rebuild and restore city
As Breeze Airways resumes flight operations in New Orleans today, restoring nonstop flights connecting the city to nine destinations across the south and midwest, the…
Biden team weighs China trade probe in bid to press Beijing
The Biden administration is weighing a new investigation into Chinese subsidies and their damage to the U.S. economy as a way to pressure Beijing on…
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![[Freightos Weekly Update] Ocean rates climbing, with more increases expected soon](https://www.ajot.com/images/uploads/article/_thumbs/Support_grows_for_India%E2%80%99s_new_maritime_CCTV_rules.jpg)
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