A Russian-run crime group compromised more than 1,600 freight credentials across North America and Europe, a report says.
Since Russia’s invasion of Ukraine in 2022, a group of Russian hackers has gone into overdrive. As Western countries began ramping up military and humanitarian aid to Ukraine, the GRU focused on the logistics and tech companies that support those flows.
Canada, Mexico, China and other nations are formulating plans in response to President Trump’s proposed tariffs that could take effect Feb. 1.
The latest U.S. sanctions on Russian oil are rumored to be expansive, encompassing two Russian oil companies and more than 100 tankers, as well as oil traders and Russian insurance firms. The sanctions may also hit Chinese banks that facilitate Russian oil trades.
Two incendiary devices bound for delivery by DHL from Europe to North America were discovered this summer, prompting Western officials to investigate their origin.
A flood of tanks, military vehicles and weapons systems is flowing from the U.S. to Europe. Shipowner ARC plays a pivotal transport role.
Diesel is an essential fuel for the global economy. The world’s second-largest seaborne supplier, Russia, just halted exports.
Europe faced a potentially disastrous energy shortage after war broke out. LNG shipping played a vital role in limiting the fallout.
EU’s ban on diesel fuel from Russia shifts trade patterns
Daily Russian Fossil Fuel Revenues Still at $500 million
Finnair got creative redefining aircraft characteristics for the A350 jetliner so it could carry more fuel, cargo and people on long Asia routes.
Some VLGCs carrying propane and VLCCs carrying crude have joined LNG carriers in shipping’s six-figures-per-day club.
The $3.3 billion acquisition of Meritor Inc. took a bite out of Cummins’ Q3 earnings as did underperforming joint ventures in China.
The “shadow fleet” is not large enough to save Russian oil exports from Western sanctions, according to multiple analysts.
The EU is going to ban imports of Russian crude and petroleum products. It still has a long way to go to find replacement supplies.
Cargo vessels allegedly are meeting at sea to transport stolen Ukrainian grain to Turkey and Syria.
Average change in the price of selected raw materials
In February, Russia was still making around 40% more money off its exports of oil, gas and coal in May 2022 than it did one year earlier
EU sanctions on Russian petroleum exports could have much more serious repercussions than earlier U.S. moves.
Kpler: Russian crude exports in April highest since June 2019
