European Road Freight Rate Benchmark Q2 2023: spot rates drop below contract rates for first time in 6 years
The Upply x Ti x IRU European road freight rates index for Europe shows that the Contract Rate Index is down 0.2 points quarter on…
Kenya revives plans for $13.8 billion railway line to Ethiopia
Kenya plans to begin construction in 2025 of a $13.8 billion high-speed electric railway from its Indian Ocean port of Lamu to Ethiopia and South…
SECRO raises the data security bar by achieving ISO 20017:2002 accreditation
Secro announces receipt of the internationally recognized accreditation for cybersecurity ISO 27001:2022, further increasing the protection of its customers’ freight transaction data.
EU’s green rules clash with trade goals as India talks resume
The European Union and India will try to advance talks on a trade deal this week as the bloc’s demands for strict sustainability requirements have…
Hundreds of ships stuck as Turkish Strait closed by wildfires
Hundreds of ships were left unable to move between the Black Sea and the Aegean after Turkey closed the Dardanelles Strait to clear the area…
South Africa’s Transnet revamps security as crime hobbles trains
South Africa’s state-owned rail network operator, Transnet SOC Ltd., has hired five private security companies in an effort to reduce chronic theft and vandalism of…
Singapore-flagged tanker on move again after running aground in Suez Canal
A Singapore-flagged LNG tanker is under way using its engines after earlier running aground in the Suez Canal, according to vessel-tracking data compiled by Bloomberg.
UPS workers approve $30 billion labor contract boosting wages
United Parcel Service Inc.’s union workers ratified a new five-year labor agreement delivering substantial wage increases, concluding a tense period of negotiating that drove the…
American Air pilots approve record contract with higher pay
American Airlines Group Inc. pilots approved a new contract that would provide 46% in cumulative pay raises and retirement contributions over its four-year term, along…
XLP member, Cargo Consolidators Agency Ltd’s recent achievement with air-cooled heat exchangers & accessories
Cargo Consolidators Agency Ltd. has recently undertaken a role in facilitating an urgent freight shipment for a time-sensitive plant turnaround.
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