Baltic index marks worst week in nearly three years as vessel rates sink
Dec 17 (Reuters) – The Baltic Exchange’s dry bulk sea freight index (.BADI) declined on Friday, posting its biggest weekly fall since early February 2019,...
Category : Freight
Yusen Logistics takes on 10-year lease for refurbished site in Leeds
Global freight forwarder Yusen Logistics has taken on a 10-year lease from Onward Holdings for a refurbished warehouse in Cross Green Industrial Estate, Leeds. The...
Owner of Maryland Export Business Pleads Guilty to Federal Charges of Attempting to Smuggle Items Out of the U.S. Without the Required Export License | USAO-MD
Baltimore, Maryland – Jorge Orencel, age 65, of Silver Spring, Maryland, pleaded guilty today to federal charges of attempting to smuggle goods out of the...
Staley Point Capital Acquires Second Commerce Industrial Property for $13 Million
LOS ANGELES, Dec. 17, 2021 /PRNewswire/ — Staley Point Capital (“Staley Point“), a value-add investor focused on infill industrial properties, today announced the acquisition of 2425 Saybrook,...
Supply Shortages and Emboldened Workers: A Changed Economy | New York News
By PAUL WISEMAN and DEE-ANN DURBIN, AP Business Writers Employees at a fast-food restaurant in Sacramento, California, exasperated over working in stifling heat for low...
Interstate rail freight booms despite challenges – International Railway Journal
Interstate rail freight booms despite challenges International Railway Journal...
Viridis receives funding for short sea transportation service
Norwegian shipping firm Viridis Bulk Carriers, along with seven consortium partners, has secured development funding of Nkr13.75m ($1.53m) to establish a sustainable short sea bulk...
Understanding North America’s supply chain problems
This year, for perhaps the first time, the ‘supply chain’ has entered the national news. Many average citizens are puzzled, not to mention concerned and...
Maersk is no longer just a shipping company — Quartz
Maersk owns more container ships than anyone on earth, but it would be a mistake to think of the company as just a cargo shipping...
Chevron (CVX) Joins Sea Cargo Charter to Lower Marine Emissions – December 13, 2021
Chevron Corporation (CVX Quick QuoteCVX – Free Report) recently announced its shipping unit’s latest pledge to cut emissions from its California-based marine business by joining...