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More OPEC production and higher global natural gas prices widen crude oil price spreads
| December 03, 2021 | Energy | Conventional | By The Numbers
Rising crude oil exports from OPEC members that produce mostly medium-sulfur or high-sulfur crude oils, also called sour crude oils, and higher natural gas prices have contributed to lower prices for sour crude oils relative to low-sulfur (sweet) crude oils.
Big airline orders moving ahead despite variant, executive says
| December 03, 2021 | Air Cargo | Airlines
AirBridgeCargo Airlines extends handling partnership with Frankfurt Cargo Services
| December 03, 2021 | Air Cargo | Freighters
AirBridgeCargo Airlines (ABC) has renewed its cargo handling contract at Frankfurt/Main Airport with Frankfurt Cargo Services (FCS), a subsidiary of Worldwide Flight Services (WFS).
Navia finds Keys to expanding its network and offering
| December 03, 2021 | Logistics
Oil rises as the market downplays the Omicron threat and brushes off bearish OPEC+ outcome - Rystad Energy
| December 03, 2021 | Energy | Conventional | By The Numbers
Valencia Containerised Freight Index (VCFI) reaches 3,902.15 points
| December 03, 2021 | Ports & Terminals | Ports | By The Numbers
Since August the increases in the VCFI have been lower than in previous months, especially between March and June when the increases in these periods were in double digits
Hamburg is part of MSC feeder service “Baltic Loop 3”
| December 03, 2021 | Ports & Terminals | Ports
PD Ports contracts Konecranes to convert four RTGs to electric
| December 03, 2021 | Ports & Terminals | Equipment and Tech
PD Ports, owner and operator of Teesport, the fifth largest port in the UK, has contracted Konecranes to convert the primary power supply of four diesel-driven Rubber Tired Gantry Cranes (RTGs) to electric, boosting operational efficiency and reducing carbon emissions. The order was booked in August 2021.
Transport organizations warn governments’ knee-jerk reaction to Omicron puts supply chains at greater risk
| December 03, 2021 | International Trade
MOL and Flotation Energy to explore offshore floating wind in Japan
| December 03, 2021 | Energy | Alternative
Mitsui O.S.K. Lines, Ltd. and Flotation Energy plc. have agreed to jointly evaluate offshore wind development opportunities in Japan.
CMA CGM Group upsizes vessels calling at Port of Yokohama
| December 03, 2021 | Maritime | Liner Shipping
MSC BRC from ISC / Middle East to USA effective January 1st, 2022
| December 03, 2021 | Maritime | Liner Shipping
Railroads committed to vigilance against cyber threats & collaboration with government partners
| December 03, 2021 | Intermodal | Rail
ATA’s annual trucking trends report shows impact of pandemic on industry
| December 03, 2021 | Intermodal | Trucking
Southern Calif. will continue to see an uneven recovery through 2022
| December 03, 2021 | International Trade | Commodity | By The Numbers
FTR’s Shippers Conditions Index for September at -6.5 reflects little change from August
| December 03, 2021 | Intermodal | Trucking
ZIM marks International Day for Persons with Disabilities
| December 03, 2021 | Maritime | Liner Shipping
ZIM will be lighting more than just Hanukkah candles – our headquarters, as well our MV ZIM QINGDAO docking in Haifa port, will be lit up in purple!
New LEEA Chair engages technology drive
| December 03, 2021 | Project / Heavy Lift
Cathay plans to hire hundreds of pilots as morale falls
| December 03, 2021 | Air Cargo | Airlines
Using Tech as a Competitive Edge to Combat the Driver Shortage
| December 02, 2021 | Shipping Technology
It’s harder and harder to find drivers today. With increased regulations and volatile markets, what used to be a profession of wanderlust and freedom of the road is struggling to attract top driving talent.
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