Container freight rates set to rise on more China lockdowns
The number of container ships waiting off Qingdao, one of China’s biggest ports, is continuing to rise as the country doubles down on its Covid…
Sliding yen appears one-way bet as Japan import costs surge
The yen’s plunge to a five-year low shows no signs of easing as surging commodity prices have worsened the outlook for Japan’s trade balance and…
Europe is a key destination for Russia’s energy exports
In 2021, Russia was the largest natural gas-exporting country in the world, the second-largest crude oil and condensates-exporting country after Saudi Arabia, and the third-largest…
Arajet, new airline in Caribbean, orders 20 737 MAX jets
Boeing and Arajet announced today the new Caribbean airline has ordered 20 737 MAX airplanes, specifically the high-capacity 737-8-200 model, to deliver low operating costs…
Extraordinary movement from West to Northern part of India
An over dimensional heavy cargo was moved from Tarapur, Maharashtra to Barmer, Rajasthan successfully in a well-planned and carefully coordinated operation. The Express Global Logistics…
FedEx delivery contractors petition for higher payments after holidays left them short
FedEx Corp. delivery contractors are demanding higher pay and changes to operations, stung by rising costs and a drop in compensation for the most recent…
Knowlton joins HDR as infrastructure consulting business transformation director
With more than 30 years advising industry leaders, Chip Knowlton has joined HDR as infrastructure consulting business transformation director.
Odfjell SE: Mørch to step down as CEO
After seven years at the helm of Odfjell SE, Kristian Mørch has informed the Board of Directors that he will step down as CEO. He…
Retailers and wholesalers lead big-box industrial transactions in 2021 with dramatic jump in activity
New strategies emerge to address supply chain disruptions
GAC Bunker Fuels opens new office in Westport
GAC Bunker Fuels has opened a new office in Westport, Connecticut, USA, as part of its commitment to global customers seeking ways to decarbonise in…
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