Chinese investment in belt and road nations jumps on tech deals
China’s investment in the countries along the Belt and Road rose to the highest since 2019, with much of that increase due to a new…
Hong Kong-China border to fully open in boost for Hub status
The border between Hong Kong and mainland China will fully reopen next week for the first time in three years, reviving the city’s role as…
WorldACD Air cargo trends for the past 5 weeks (wk 4):
Lunar New Year and economic slowdown impact demand
Tesla expected to announce Mexico project soon, Ebrard says
Tesla Inc. is expected to announce an investment in Mexico very soon as the country works to expand infrastructure and renewable energy supply to take…
US detains Chinese aluminum, a suspected product of forced labor
The US is beginning to detain imports of aluminum products suspected of being made through forced labor, particularly from China’s Xinjiang region, according to one…
Skeleton cast of the world’s largest known dinosaur transported from Argentina to the UK by IAG Cargo
• IAG Cargo transports the most complete giant dinosaur ever discovered on British Airways flights from Buenos Aires to London Heathrow ahead of the Natural…
French startup raising funds to make green hydrogen for trucks
French startup Climate Horizon is seeking to raise more than €100 million ($108 million) for efforts to produce hydrogen from biomass, generate carbon credits and…
February Global Market Forecaster by Container xChange: Container data points to expectations of demand revival as China reopens and rates stabilize
Key takeaways include - • Operators expect demand revival post Lunar New Year, average one-way leasing pickup rates for second-hand containers increase by max 40%…
IANA fourth quarter intermodal volume rounds out 2022
Improving operations lay groundwork for recovery
FedEx to cut top management jobs as CEO seeks cost savings
FedEx Corp. is cutting global officer and director jobs by more than 10%, the courier’s latest cost-saving step as economic concerns and waning e-commerce weigh…
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