[Freightos Weekly Update] Ocean rates sink across the board despite capacity reductions
Key insights: 1. Ocean rates are falling nearly across the board, with Asia - N. Europe rates below $900/FEU so far this week, and Asia…
‘Less bumpy’ global air cargo market and traditional seasonality lift volumes up 6% in September as more shippers and forwarders opt for longer-term contracts
Increasing shipper and freight forwarder confidence in a more stable global air cargo market led to a higher commitment to longer-term freight contracts in September…
Air France-KLM’s Nordic foray gives boost to consolidation
Air France KLM’s plan to buy a stake in troubled Scandinavian carrier SAS AB gives the long-overdue consolidation of European airlines a jolt as more…
BP’s $4.1 billion bet on renewable natural gas gets underway
The oil giant is counting on a new modular design to rapidly scale up the production of renewable natural gas from landfills
IANA launches on-line intermodal course for members
The Intermodal Association of North America (IANA), has developed an on-line intermodal course available to IANA members.
MSC BRC - correction* scope: ECSA to USA
Effective November 2nd, 2023
From: East Coast South America (Argentina, Brazil, Paraguay & Uruguay)
To: All USA Ports, Puerto Rico
FTR reports preliminary North American Class 8 net orders for September at 31,200 units
Orders nearly double as 2024 build slots fully open
New natural gas production is needed to meet demand; Middle East could hold the answer
Global gas demand is projected to rise in the next decade, thus influencing a 12.5% surge in production between 2023 and 2030.
MOL and EDF Renewables partner up for offshore wind and green hydrogen opportunities
Mitsui O.S.K. Lines, Ltd. (MOL) and EDF Renewables have signed a memorandum of understanding (MoU) to cooperate in acceleration of the development of offshore wind…
Murata Electronics partners with Arvato to launch a new distribution center in the Netherlands
Site in Gennep acts as central distribution center for EMEA region
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