Thelo to raise $250 million with eye on Africa’s giant rail corridors
| June 25, 2024 | Intermodal | Rail | Ports & Terminals
Thelo Group’s management plans to buy Deutsche Bahn AG’s 49% shareholding and is in talks with financiers to raise $250 million to help the South African company transform into a developer of rail lines and ports in sub-Saharan Africa.
Utilities report batteries are most commonly used for arbitrage and grid stability
| June 25, 2024 | Energy
Electricity utilities increasingly report using batteries to move electricity from periods of low prices to periods of high prices, a strategy known as arbitrage, according to new detailed information we recently published.
Uber Freight and Aurora to democratize driverless trucks for carriers of all sizes
| June 25, 2024 | Trucking
Uber Freight and Aurora Innovation are launching Premier Autonomy, a new program providing early access to over 1 billion of Aurora’s driverless miles to Uber Freight carriers through 2030.
Chinese firms meet Malaysian officials on US tariffs, FT says
| June 25, 2024 | International Trade
WestJet Cargo joins cargo.one to launch fully digital Canadian spirit to thousands more freight forwarders
| June 25, 2024 | Air Cargo | Technology
• Customers gain instant booking for WestJet Cargo’s impressive Canadian connectivity and extensive capacities throughout the Americas, Caribbean, Europe and Asia • Canada’s second largest carrier partners with category-leader cargo.one to boost its global reach, lower cost per sale, and guarantee a world-class digital experience
OGCI partners with GCMD to advance solutions to decarbonize shipping
| June 25, 2024 | Green Shipping | Maritime
Höegh Autoliners secures fuel savings and long-term CII compliance with Accelleron and Hanwha engine part-load optimization
| June 25, 2024 | Green Shipping | Maritime | Breakbulk News
• Fuel consumption reduction of 10g/kWh on 7,850 CEU car carrier Höegh Detroit confirmed at sea trial • Efficiency improvement to deliver sustained upgrade in vessel’s Carbon Intensity Indicator (CII) rating • Höegh Autoliners orders Hanwha and Accelleron engine part-load optimization (EPLO) on further seven vessels
Mexico, US reach deal to resume avocado shipments, Governor says
Sustainable Fitch: Supply chains emerging as a focus area of ESG regulations globally
| June 25, 2024 | Green Shipping
Port Houston welcomes arrival of hybrid-electric cranes
NAV AERO global cargo GSSA network strengthens its airline network
| June 25, 2024 | Air Cargo | Freighters
NAV AERO is enhancing its airline network with the addition of three airlines.
JAXPORT and Puerto Rico Ports Authority hold Inaugural Ports and Partners Summit in San Juan
| June 25, 2024 | Ports & Terminals
Event explored best practices in operations and other areas outlined in the Memorandum of Understanding (MOU) signed by the ports in 2021
CONRAIL appoints Dwyer, Esq. as General Counsel
| June 25, 2024 | Intermodal | Rail | People | Appointments
MSC GRI - scope: Import Middle East to USA East Coast / USA Gulf Coast / San Juan
| June 25, 2024 | Maritime | Liner Shipping
UIPA announces adoption of Castle Country Project Area in Carbon and Emery Counties
| June 25, 2024 | Intermodal | Rail
Blue World completes successful testing of 200 kW maritime fuel cell system to run on green methanol
| June 25, 2024 | Energy | Alternative | Green Shipping | Maritime | Technology
After months of preparation, Blue World Technologies has announced the successful testing of the world’s first 200 kW high-temperature PEM fuel cell module.
JSL Global handles a challenging shipment of 2551 cbm excavators and construction equipment
| June 25, 2024 | Project / Heavy Lift | Maritime Project
JSL Global, a member of the Worldwide Project Consortium (WWPC) for Qatar, through their project division handled the transportation of 28 excavators and construction equipment ex Hamad port, Qatar.
MOL announces consolidation of equity-method affiliate company Gearbulk
| June 25, 2024 | Maritime | Bulk
SmartLynx signs a long-term agreement to use Lido mPilot from Lufthansa Systems
| June 25, 2024 | Air Cargo | Technology
SmartLynx Airlines, a globally acknowledged ACMI, cargo, and charter provider, has signed a cooperation agreement to use the mobile charting application Lido mPilot form Lufthansa Systems.
Brent rises on bullish US inventories, war zone tensions - Rystad Energy’s Oil Macro Market Update
| June 25, 2024 | Energy
Enduring geopolitical risk factors continue to upset the global oil market, pushing prices up. Risk premiums from Russia and the Middle East remain significant despite ongoing efforts toward a lasting ceasefire.
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