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- Hornbeck Offshore Discloses Revenue Growth Ahead of IPO December 8, 2023Dec 7 (Reuters) – Marine transportation services provider Hornbeck Offshore on Thursday made public its paperwork for a stock market listing in New York, which showed its revenue rose in the three months ended...Reuters
- Oldendorff Bulk Carrier Getting Rotor Sails Treatment December 8, 2023German dry bulk shipping company Oldendorff Carriers announce agreement with Canadian mining company Teck to retrofit a bulk carrier with fuel-saving rotor sails. The joint investment will involve retrofitting the...Mike Schuler
- Carriers Pushing Rate Hikes Ahead of Likely Service Suspensions December 8, 2023By Mike Wackett (The Loadstar) – Asia-Europe ocean carriers are making one final attempt to hike rates on the troubled tradelane next year. Hapag-Lloyd yesterday joined CMA CGM in raising its...The Loadstar
Green Marine – Offshore Energy
- Northern Lights CCS project grabs a slice of EU funding December 8, 2023The European Commission (EC) has awarded €131 million for the Northern Lights carbon capture […] The post Northern Lights CCS project grabs a slice of EU funding appeared first on Offshore Energy.Nadja Skopljak
- Norway’s largest zero-emission ferry launched in Turkey December 8, 2023Turkish Cemre Shipyard has launched NB1091 Hinnøy, Norway's largest zero-emission ferry. The post Norway’s largest zero-emission ferry launched in Turkey appeared first on Offshore Energy.Naida Hakirevic Prevljak
- Oldendorff and Teck to fit bulker with rotor sails as part of decarbonization push December 8, 2023German bulk operator Oldendorff Carriers GmbH & Co. KG has entered into an agreement with […] The post Oldendorff and Teck to fit bulker with rotor sails as part of decarbonization push appeared first on Offshore Energy.Jasmina Ovcina Mandra
The Loadstar
- Carriers pushing rate hikes ahead of new year service suspensions December 8, 2023Asia-Europe ocean carriers are making one final attempt to hike rates on the troubled tradelane next year. Hapag-Lloyd yesterday joined CMA CGM in raising its FAK (freight all kinds) Asia-North Europe 40ft rate to $3,000 from 1 January. However, the shipping lines have a long way to go to meet their aspirations; for example, Drewry’s […]Mike Wackett
- WSC to lobby next IMO meeting for tougher emissions regulations December 8, 2023Following calls at COP28 by MSC, Hapag-Lloyd, CMA CGM, Maersk and Wallenius Wilhelmsen last week, their membership organisation, the World Shipping Council (WSC), wants the International Maritime Organization (IMO) to enshrine their suggestions for interim measures in international law. The move demonstrates a seemingly upended recent dynamic, wherein the shipping business petitions its regulatory body […]Alexander Whiteman
- HHLA shareholder deadline on MSC and City of Hamburg takeover bid December 8, 2023Efforts by MSC and the City of Hamburg to take control of HHLA seem to be inching ahead, with the outcome of a vote by shareholders expected soon. With the municipal authority, the world’s largest container shipping line has been seeking to take full control of the Hamburg terminal and intermodal operator, and last night […]Alexander Whiteman
Air Cargo Next
- SAF volumes double YoY in 2023 December 7, 2023Sustainable aviation fuel volumes in 2023 doubled year over year to 600 million liters, accounting for 3% of all renewable fuels, according to a report released by IATA on Dec. 6. That number is expected to reach 1.86 billion liters in 2024, tripling 2022 production, the report notes. Despite this, sustainable aviation fuel (SAF) projections […]Courtney Blackann
- IATA expands operational data analytics capabilities December 7, 2023IATA is using advancements in data gathering, machine learning and AI to enhance the analytical capabilities of its Global Aviation Data Management program. The enhanced data will inform safety, operational and sustainability decisions, IATA announced in a release today. The Global Aviation Data Management (GADM) program collects data from several sources, including 198 airlines, the […]Air Cargo Next Staff
- Maersk expands air cargo ops with new Singapore facility December 6, 2023Danish shipping giant Maersk will expand its presence in Singapore with an integrated warehouse, a $500 million investment, at Singapore Changi Airport. The investment will target the shipper’s air logistics operations while also benefiting its ocean logistics operations, helping to further establish the company as an air cargo operator, according to a Dec. 4 Maersk […]Courtney Blackann
Global Logistics
- Italy Pulling Out of Belt and Road Initiative December 7, 2023Italy’s BRI participation was set to be automatically renewed in March 2024 before the country notified China it was withdrawing from the initiative.
- Green Shipping Partnership Signed by Ports of Singapore, LA and Long Beach December 6, 2023The new strategy outlines the steps that the three ports will take to speed up the decarbonization of the shipping industry.
- Competitors Buy Majority of Yellow Properties at Auction December 5, 2023The remaining Yellow Corp properties are expected to be sold for hundreds of millions of dollars over the coming months, said a person familiar with the process.
Express/Small Shipments
- Amazon is Now the Biggest Delivery Business in the U.S. November 27, 2023Amazon has delivered more than 4.8 billion packages in the U.S. this year, and predicts it will deliver around 5.9 billion parcels, up from 5.2 billion last year.
- How Crowd-Sourced Delivery Can Help Online Shoppers Get Their Purchases Same-Day November 14, 2023Customers’ expectations for delivery are always moving toward freer and faster, and for retailers, it can feel like the goalposts are constantly moving. Crowd-sourced delivery can help.
- Royal Mail Fined by U.K. Regulator for Missing Delivery Targets November 13, 2023The company delivered more than a quarter of first-class post late, with only 74% arriving on time in the 2022-23 financial year, far below its statutory target of 93%.
Last Mile Delivery
- Risky Driving Patterns Higher Before and After Holidays, Study Finds December 8, 2023Instances of harsh braking were higher the week before and after Thanksgiving when compared to the actual week of the holiday.
- Competitors Buy Majority of Yellow Properties at Auction December 5, 2023The remaining Yellow Corp properties are expected to be sold for hundreds of millions of dollars over the coming months, said a person familiar with the process.
- Podcast | Can Smaller E-tailers Match Amazon’s Same-Day Service? December 1, 2023When it comes to same-day delivery, Amazon has set the bar high. Is it realistic for smaller e-tailers to match that promise?
Rail & Intermodal
- 'Clean Truck Express' Lane To Open at Pier 400 Los Angeles December 4, 2023APM says new priority lane incentivizes environmental stewardship while enhancing customers’ operational efficiency.
- Panama Canal Water Levels Will Affect Western Trade in 2024 December 1, 2023In response to the ongoing crisis, carriers have begun redirecting their shipments to the U.S. West Coast or have opted for alternative routes via the Suez Canal.
- Europe's Auto Exports Boosted by EV Subsidies November 20, 2023German manufacturers exported around 2.6 million new passenger cars in the 10 months through October, up 22% year over year.
Transportation & Distribution
- DNV Approves World’s Largest Green Car Carrier Design December 8, 2023The 234-meter-long, 40-meter-wide ship would be the world’s largest PCTC with 14 decks that allow 11,000 car equivalent units to be stored simultaneously.
- Risky Driving Patterns Higher Before and After Holidays, Study Finds December 8, 2023Instances of harsh braking were higher the week before and after Thanksgiving when compared to the actual week of the holiday.
- Maersk Investing $500M in Southeast Asian Supply Chains December 5, 2023The company says it will continue to work closely with regional authorities to improve green fuel infrastructure for future ship fleets.
Supply Chain Visibility
- Transforming Supply Chains for the World’s Largest Retailers December 7, 2023Retailers that embark on supply chain transformation are well-positioned to confront challenges and stay competitive in a rapidly changing marketplace.
- Watch: Prioritizing Trucking Cybersecurity — Before It's Too Late December 6, 2023Marli Hall, director of communications and member services with the National Motor Freight Traffic Association, explains how the cybersecurity threat to trucking can be addressed before an incident occurs.
- Is Artificial Intelligence a Solution for Modern Slavery? December 5, 2023How humans can partner with AI to tackle the pressing societal issue of slavery, for a more resilient and sustainable global supply chain .
Aviation Week Network
- Volocopter VoloCity November 29, 2023Volocopter VoloCity shambo.pfaff@i… Wed, 11/29/2023 - 14:18 Volocopter VoloCity Market Indicator Code Commercial Program Profile ID 471789[email protected]
- Lilium Jet November 29, 2023Lilium Jet shambo.pfaff@i… Wed, 11/29/2023 - 14:01 The Lilium Jet is a vectored thrust eVTOL being developed by Lilium GmbH. Flight tests of the technology demonstrator version of the aircraft have been performed, including main wing transition from a hover to horizontal flight. Entry into service is planned for 2025. Lilium intend for the aircraft […][email protected]
- Beta Technologies CX300 November 29, 2023Beta Technologies CX300 shambo.pfaff@i… Wed, 11/29/2023 - 12:50 The ALIA CTOL (CX300) is an eCTOL (electric conventional take-off and landing) aircraft being developed by BETA Technologies. The aircraft began its life as a prototype for BETA’s Alia-250, but after a change in strategy in 2023 it is now intended to go into production. As a […][email protected]