Air Freight News
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U.S.DOT announces $851.15 million for train control implementation and rehabilitation in New England
U.S. Transportation Secretary Elaine L. Chao today announced that the U.S. Department of Transportation’s Build America Bureau provided a $851.15 million loan under the Railroad…
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More than 60% of energy used for electricity generation is lost in conversion
In 2019, U.S. utility-scale generation facilities consumed 38 quadrillion British thermal units (quads) of energy to provide 14 quads of electricity. Most of the difference…
From Arabian Gulf to Horn of Africa: the politics of port infrastructures
Experts are launching a $500,000 research project that will examine how the increase in Gulf investments in port infrastructures in the Horn of Africa has…
Leader in railcar leasing and repair reveals new name and brand
The Team From American Railcar Industries Becomes American Industrial Transport, ARI becomes AITX
Hamburg Süd GRI from U.S. West Coast and CAN West Coast to N. Europe & Mediterranean
Hamburg Süd announced effective September 1, 2020, a General Rate Increase (GRI) will be applied to all cargo moving from United States & Canada West…
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Etihad Cargo enhances export control compliance with E2Open partnership
The alliance is set to streamline regulatory compliance screening processes against 600+ Restricted Party Lists as well as Dual Use commodities and Military Regulations for…
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Ningbo Containerized Freight index rises slightly in July
In the first half of the year, the container throughput of Chinese ports dropped slightly, and the Ningbo Containerized Freight index (NCFI) rises slightly in…
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Wilhelmsen and MPC Capital join forces
Wilhelmsen Ship Management acquires a 50 % stake in Ahrenkiel Steamship GmbH & Co KG, the technical container ship manager within the MPC Capital Group.
PayCargo collaborates with Unisys to broaden access to contactless payment services
PayCargo continues its strategy of collaborating with industry partners to facilitate the expedited same-day release of inbound cargo
Rystad Energy’s daily market comment from our Head of Oil Markets Bjornar Tonhaugen
Brent has not suffered a fatality, although its extremely narrow $2 trading band so far this month suggests it barely has a pulse. This morning,…