PayCargo secures USD125 million Series B funding with Insight Partners
The fintech innovator is on track to process USD10 billion in freight-related payments this year and will continue to invest in tech development and team…
Liebherr LHM 800 takes Veemnatie to new heights
A Liebherr LHM 800 mobile harbour crane will take a new dry bulk terminal in the Port of Antwerp to a turnover performance increase
XPO Logistics announces Meagan Fitzsimmons as Chief Compliance Officer for GXO Logistics spin-off
XPO Logistics, Inc. announced that Meagan Fitzsimmons has been appointed to the leadership team of GXO Logistics, Inc., the intended spin-off of XPO’s logistics business.…
EIA: Growing global production limits crude oil price increases in the most recent forecast
In the June Short-Term Energy Outlook (STEO), we forecast that rising global production of petroleum and other liquid fuels (driven by OPEC, Russia, and the…
Old Dominion Freight Line adds Daimler’s 2021 Freightliner Ride of Pride Tractor, honoring U.S. Military, to its Fleet
Specially wrapped tractor, part of a line unveiled on Memorial Day yearly, pays homage to active-duty service members, veterans, and POW/MIAs
Aviation leaders join forces for B747F delivery of life-saving Covid relief aid to India
A Boeing 747 freighter carrying 50 tonnes of urgently-needed Covid relief aid, including life-saving oxygen machines, will arrive in New Delhi this week to support…
Ørsted plans carbon capture at Avedøre Power Station as part of the Green Fuels for Denmark project
Ørsted has identified the 100 MW straw-fired unit at the Avedøre Power Station in Copenhagen as the best point source of sustainable CO2 for the…
Study shows shipping green hydrogen from Iceland to Rotterdam to be realistic before 2030
The results indicate that such a project could be technically feasible, financially attractive and would have a significant contribution to the fight against climate change…
Panama Canal extends max length and increases draft for Neopanamax locks
The waterway begins to accommodate vessels up to 370.33 meters in maximum length overall and announces a 15.24-meter (50-foot) draft ahead of the expansion’s fifth…
Southeastern Freight Lines recognized as Transplace 2020 Carrier of the Year
Southeastern Freight Lines, a leading provider of regional less-than-truckload (LTL) transportation services, has been recognized as the Transplace 2020 Regional Carrier of the Year.
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