Embargo of Russian oil now spreading to Kazakhstan
Three shipments bound for the Port of Novorossiysk have been canceled.
Three shipments bound for the Port of Novorossiysk have been canceled.
“Today, no area on the planet is left untouched by plastic pollution, from deep-sea sediment to Mount Everest. The planet deserves a multilateral solution that speaks from source to sea,” said Amina J. Mohammed, deputy secretary-general of the U.N.
The knock-on effects from the Ukraine crisis are being felt across the business world, not least in air cargo.
Protecting freedom in Ukraine will require economic sacrifice by many. Air cargo is already feeling the pinch.
Congressional watchdogs are alleging predatory pricing by three major container ship operators and want answers by March 16.
Russia’s invasion of Ukraine has heaped more uncertainty onto the global markets, adding to economic volatility.
Kuehne + Nagel is the biggest air and ocean logistics provider and it’s pushing the right buttons for fast growth.
Tanker stocks favored by retail traders post big gains, while most container and dry bulk stocks hold steady.
Expeditors International is desperately trying to recover from a major cyberattack that has degraded its logistics capabilities.
The United States is closing its airspace to all Russian aircraft as punishment for invading Ukraine, President Joe Biden said in his State of the Union address to the nation Tuesday night. “I am announcing that we will join our allies in closing off American airspace to all Russian flights — further isolating Russia — […]
Pandemic gridlock, the Ever Given, COVID outbreaks, container shortages, flooding, Ukraine. The next shoe to drop: a labor dispute.
The South Atlantic Chassis Pool 3.0, will be ready in October 2023 and will have 60,000 chassis available.
Container lines and tanker owners rapidly and preemptively suspend business with Russia.
Air cargo is facing more headwinds because of the Ukraine crisis, but some industry players could gain business.
The Biden administration is backing new legislation aimed at alleged out-of-control market power by foreign ocean carriers.
“Relative sea-level rise and the increased frequency and severity of storms are already affecting port activity, infrastructure and supply chains, sometimes disrupting trade and transport,” the report said.
The Felicity Ace, which caught fire in the Atlantic on Feb. 16, was transporting luxury vehicles to the United States.
Container lines, shipowners and shippers have a new way to navigate the market chaos: cleared freight futures.
Western sanctions on Russia will have a devastating impact on all-cargo airline Volga-Dnepr. Shippers will feel some pain too.
The increase in Suez Canal tolls range between 5%-10% and become effective Tuesday.