A new production facility in South Dakota will supply Maersk with 100,000 tons of green methanol a year as the carrier signs yet another deal to lock in the supply of alternative fuels.
04 Nov 2022
The availability of green fuels in sufficient quantities and at cost-competitive price levels remains the main challenge for the decarbonization of global shipping, says Maersk.
29 Sep 2022
Spot rates on the Asia–North Europe trade lane have now fallen 50 percent since January as softening demand and worsening economic indicators lead to a steady slowdown of the container shipping market.
13 May 2021
The ripple effects of COVID-19 and plant-closing costs trigger a quarterly loss for wind turbine manufacturer Siemens Gamesa, but its work backlog provides a bright spot.
12 Jan 2021
All Kuehne + Nagel cargo on the air freight trade lane between Amsterdam and Los Angeles will be carried by aircraft flying on sustainable aviation fuel.
30 Apr 2020
The largest US logistics provider is prioritizing technology spending as the COVID-19 pandemic demonstrates why more automation and digitization is needed.
16 Apr 2020
XPO Logistics CEO Bradley S. Jacobs believes the US and global economies will recover in “fits and starts” in the second half of 2020, and supply chains will become more resilient.
16 Jan 2020
Expect the sale or spin-off of some business to make XPO more a “pure-play” LTL trucking company — smaller, but more focused on US shippers and better positioned to increase shareholder value.
31 Jan 2019
UK forwarders, shippers, and ferry operators fear that any delay caused by customs checks will quickly lead to extensive bottlenecks and disruption.
18 Jan 2019
Given current factors in the two trade lanes, there was little chance rates would strengthen.
16 Jan 2019
However, even planning for no deal is not a straightforward matter.
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