BEA News: US international trade in goods and services, December 2020
The U.S. Bureau of Economic Analysis (BEA) has issued the following news release today:
Port of Long Beach’s Cordero ‘not deterred by pandemic’
In his ‘State of the Port’ address, Mario Cordero, executive director, Port of Long Beach paid tribute to the men and women keeping the Port…
Chinese FedEx rival eyes stake in $5 billion Kerry Logistics
SF Holding Co., one of the largest Chinese package-delivery services, is exploring a potential investment in tycoon Robert Kuok’s listed logistics business, people with knowledge…
EIA’s liquids pipeline database shows infrastructure changes and project statuses
In December, the U.S. Energy Information Administration (EIA) updated its Liquids Pipeline Projects Database of more than 240 future and historical liquids pipeline projects in…
2nd Energy Transition report: CCS could tap 62% of world’s CO2 emissions; global geological storage at 11,500 Gt; only 49% of global emissions are priced
The energy world is changing, and quicker than most experts predicted only a year ago. The adaptation of renewable energy technologies is accelerating, even during…
With hopes up after 2020’s success, Africa and the Americas host most of the top 30 high-impact wells for 2021
Drilling of high-impact oil and gas prospects in 2020 suffered at the hands of the global pandemic, but the overall results were nevertheless positive, a…
FBX Index: Don’t be fooled
The container shipping market has gone through a period of extreme uncertainty and volatility in 2020, and it would only be natural for market participants…
CEVA Logistics signs five-year contract with Maastricht Exhibition Center
CEVA Logistics’ specialist Showfreight division has signed a five year deal to work with one of the Netherlands leading exhibition centres – MECC (Maastricht Exhibition…
CMA CGM rate announcement - from India to Iraq
In a continued effort to provide our customers with reliable and efficient service on India-Middle East Lines, CMA CGM informs its valued customers of the…
US annual trade gap grows to biggest since financial crisis
The U.S. last year posted its biggest annual trade deficit since 2008 as the global health crisis depressed export markets for American companies.
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