FedEx surges most since 1986 on activist-backed overhaul plan
FedEx Corp.’s shares soared the most in almost 36 years after the courier hiked its dividend and announced board changes in coordination with activist investor…
Top US port enlists White House help to clear rail-cargo logjam
The port of Los Angeles, the busiest in the US, has enlisted the help of the White House to clear a backlog of rail-bound containers…
Total, Adani Team Up for Multi-Billion Indian Hydrogen Plans
French oil giant TotalEnergies SE and Indian billionaire Gautam Adani’s conglomerate are partnering to fund billions of dollars worth of green hydrogen development in India…
AGTC hails imminent passage of Ocean Shipping Reform Act
The Agriculture Transportation Coalition (AGTC) hailed the imminent enactment of the Ocean Shipping Reform Act (OSRA) of 2022, expected to be signed into law by…
Surging Chinese steel exports are impacting prices globally
A surge in Chinese steel exports is impacting the global market, forcing prices down. OCTG prices in the North Sea region are rising rapidly, as…
Re-opening of the Atchafalaya River and new opportunities in Louisiana
The purpose of the event was to look for new opportunities for our Atchafalaya and Red River ports to increase waterway traffic along the designated…
CMA CGM BAF update for Algeria, Tunisia and Morocco Roro services effective July 1st, 2022
Following bunker prices evolution since the last surcharge adjustment, CMA CGM SSL Intra Europe will maintain its BAF as follows on its Roro South services…
Louisiana commits funds for infrastructure
Projects include the St. Bernard Transportation Corridor elevated roadway serving the future Louisiana International Terminal
Russia hides budget spending but shows how ruble hit oil revenue
Russia said it would no longer disclose monthly figures breaking down how much the government spent on various budget items including defense, even as it…
GCL and SAL enter exclusive partnership to support the Middle East market
The leading logistics group for the live event, entertainment, sports, fine art, and film & TV industries continues to grow its global footprint
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