Crude tanker demand to outpace supply 
According to Bimco, the tanker shipping market is set to experience higher demand driven by trade restrictions, with crude tanker demand outpacing supply in 2024 but slowing in 2025 as ships may return to the Suez Canal, shortening sailing distances. Product tanker demand... more
Northrail changes hands
The European provider of locomotive leasing services has been taken over by Investor Rive, which has purchased 100% of the company’s shares previously held by Paribus Group. Investor Rive now owns 91.75% of the shares of Northrail, which is based in Hamburg, Germany. The... more
Standardising supply chain tech
The Scheduling Standards Consortium (SSC) has welcomed FourKites as a new member, the first real-time supply chain visibility platform to join the SSC. J.B. Hunt and Uber Freight came together in 2022 to establish SSC and combat friction within the supply chain. Since then,... more
AAA: new fellows and associates
The Association of Average Adjusters (AAA) has applauded members who have achieved enhanced status after the latest examination rounds. The rigorous exams assess the expertise of participants in adjusting, insurance, and legal matters. At the annual conference of the... more
First CES for air cargo
Worldwide Flight Services (WFS), a member of the Sats Group, has been awarded a five-year-contract from US Customs and Border Protection (CBP) to operate a new centralised examination station (CES) at New York’s John F. Kennedy airport (JFK). CBP is of the world's largest law... more
Solarduck targets gigawatt scale
The Dutch-Norwegian cleantech company Solarduck has expanded its regional office in Tokyo to manage business development in East and Southeast Asia for offshore floating photovoltaic (OFPV) technology and to meet growing demand for renewable energy in the Asia Pacific region.... more
More green fuel for pallet distribution network
The European logistics network Astre is committed to reducing its greenhouse gas emissions by 50% this year compared to 2023. It has therefore decided to use lower-emission fuels for all daily commuter journeys in its Palet System distribution network. The vehicles will be... more
Two years of logistics in India
UPS is currently celebrating the two-year anniversary of its Indian joint venture. Dubbed Movin, it was launched in collaboration with Inter Globe Enterprises in 2022 and has since been offering logistics services throughout the country. The brand has confirmed its position... more
CPD accreditation for YFN event
The most recent event in the British International Freight Association’s programme for its Young Forwarder Network (YFN) was the first to be accredited for continuing professional development (CPD). Guest speaker, police commissioner Matthew Bate (left) gave a presentation... more
