CMA CGM Emergency Revenue Charge - Cargo from the USA to Latin America
CMA CGM announced an Emergency Revenue Charge applicable as follows as from May 17th, 2021 until further notice:
US energy imports declined in 2020, while exports remained largely unchanged
Energy exports from the United States exceeded imports by 3.4 quadrillion British thermal units (quads) in 2020, the largest margin on record, according to EIA’s…
Savage’s new Tooele Railport connects businesses with global markets and drives economic growth in rural Utah
Savage, a Utah-based, global transportation and logistics company in business for 75 years, has opened Savage Railport – Tooele, UT, a multi-commodity transload facility strategically…
[FBX Weekly] Ocean rates may have hit their ceiling as air rates climb
Key insights: 1 Despite continued delays and disruptions, Asia-Europe ocean rates – along with those on all major trade lanes – were level this week,…
PROPEL 2.0 making waves after successful seafarer led crowdfunding
PROPEL, a new social media platform designed for seafarers has launched version 2.0 of its service after a successful crowdfunding campaign which saw many seafarers…
World Distribution Services opens new facility in Newark
World Distribution Services (WDS) has announced the slated opening of its brand-new distribution facility, the second building opening for the company in the last eight…
GE burns more cash than expected as jet-engine unit drags
General Electric Co. burned more cash than analysts expected in the first quarter, crimping Chief Executive Officer Larry Culp’s turnaround push after recent signs of…
France plans talks on US flights as it trials vaccine passport
France said it’s moving toward a rollout of so-called vaccine passports aimed a jump-starting travel as trials start on internal flights, while planning discussions on…
Putin’s bid to ditch dollar picks up as exports move to euro
Vladimir Putin’s multi-year push to reduce Russia’s exposure to the dollar hit a major milestone as the share of exports sold in the U.S. currency…
Airline with 14,000 staff for 30 planes to cut half its workforce
Pakistan International Airlines Corp. will lay off half of its 14,000 employees, replace some of its fleet and permanently close loss-making routes in a bid…
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