Air Freight News
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Object at Nordstream2 must be salvaged
The Danish Energy Agency offered Nord Stream 2 AG to participate in the recovery of the unknown object near the Nord Stream 2 pipeline.
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WFS and Aena launch trial at Barcelona Airport: Guided automated cargo vehicles
A proof-of-concept trial for autonomous vehicles to move cargo between the warehouse and apron has commenced at Josep Tarradellas Barcelona.
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SSY hires maritime specialist Justin Wang for Beijing role to drive LNG business in China
Simpson Spence Young (SSY), has announced that maritime expert Justin Wang will join the global SSY LNG team as a ship broker.
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Ocean thermal energy conversion demonstration project in Okinawa
Aiming to commercialize the world's 1st "Ocean Thermal Energy Conversion" by around 2026
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India’s crude oil imports increase by 8% in February, reaches two-decade peak
Rising crude demand and a strong Indian economy augur well for increased refinery runs and imports, as well as cheaper Russian crude, according to Refinitiv…
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WorldACD Weekly Air Cargo Trends (week 11)
Global tonnages and average rates both stabilize
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Wilson Sons’ profit soars 51% in 2022 to R$339 million.
Wilson Sons, the leader in port and maritime logistics in Brazil, posted a net profit of R$113 million in the fourth quarter of 2022, 169%…
S&P Global: Carvana Co. downgraded to “CC” on proposed distressed debt exchange; outlook negative
We view the proposed exchange offer as distressed and tantamount to default.
New era in railroading is focus for annual meeting of North American Rail Shippers May 24–26 in Chicago
The North American Rail Shippers Association (NARS) will host its annual meeting May 24–26, 2023 in Chicago.
France asks airlines to extend flight cuts through Monday
French authorities have asked airlines to continue cutting flights through Monday amid strikes over a retirement reform law.