Air Freight News
AI-Driven warehouse and retail automation leader GreyOrange closes on $135M growth financing
--Funding will further accelerate GreyOrange’s growth and industry defining leadership in automation within the warehouse fulfillment and retail markets--
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Spiraling cost in ocean freight shipping rates is becoming a reality as Suez Canal remains out of bounds
The crisis in the Red Sea region has sent the cost of ocean freight shipping spiraling as the market continues to react to vessels being…
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The precision agriculture market to reach $5.2 billion worldwide in 2027
According to a new research report from the IoT analyst firm Berg Insight, the global market for precision agriculture solutions is forecasted to grow from…
Daseke to be acquired by TFI International
Daseke, Inc. (NASDAQ: DSKE) (Daseke or the Company), the premier North American transportation solutions specialist dedicated to servicing challenging industrial end markets, today announced that,…
Latest update on DPW Australias protected industrial actions impact ONE
Please be advised of the latest updates regarding the ongoing industrial actions at DP World Australia Terminals that will result in various schedule delays on…
Two Singaporeans charged over alleged North Korea oil shipment, ST says
A Singaporean man with a $5 million bounty on his head has been charged for his alleged involvement in exporting gas oil to North Korea,…
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Oil tanker hauling US crude U-turns in Red Sea to dodge Houthis
An oil tanker hired by Norway’s Equinor ASA that came to a halt in the Red Sea six days ago — when Houthi militants stepped…
Imperial Petroleum Inc. announces conversion of Outstanding Series C Convertible preferred stock
Imperial Petroleum Inc. (Nasdaq: IMPP) (the “Company”), a ship-owning company providing petroleum products, crude oil, and dry bulk seaborne transportation services...
Venezuela issues Trinidad, Shell natural gas export license
Venezuela issued a license to Shell and Trinidad’s state-owned gas company for the export of natural gas from an offshore joint venture to the island…
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Shipping costs soar as war and climate risks upend trade
Global shippers of crude and fuels are grappling with a spike in booking costs for some tankers taking lengthy diversions to avoid disruptions at the…