Port congestion in Southeast Asia is creating an imbalance of equipment, raising both local and global spot market pricing, according to a report by AlixPartners.
The partnership marks a “pivotal step” toward making green e-methanol more accessible and commercially viable for the maritime industry.
AskWaves looks at the rankings of the world’s top container ports
Korean Air’s cargo division is propping up the entire airline with passenger traffic still underwater.
The largest container terminal operator in the world is buying BDP, a midsize U.S. freight forwarder.
DHL Express has added two large freighters to its fleet to bolster service between the Asia-Pacific and the U.S. and Europe, in response to “exponential” growth in shipment volume. The […]
Southeast Asian rideshare company Grab is in talks to go public through a SPAC led by Altimeter Capital, according to published reports.
You’ll have to hold your nose if you crush a stink bug. More than a nuisance, the stink bug is a destructive pest that can damage many crops. Australia has put tight measures on air and sea freight to keep the bug out of the country.
International travel is Qantas Airways’ bread-and-butter business, but it has been mostly wiped out by the coronavirus crisis. Now that underutilized side of the company is getting folded into the domestic unit to save money.
UPS didn’t need its weekly traffic rights on a key Asian route, so it turned them in. Two other airlines immediately pounced and were granted the routes by the U.S. government.
Sysco, Svitzer, Adnavem and AddSecure add industry all-stars
Escalating airfreight transportation rates and capacity shortages from China due to the global pandemic have encouraged some shippers to split supply chain shipments between ocean and air pallets.
APL England escorted to Port of Brisbane after 40 containers are lost and nearly 75 others are damaged
Singapore-based container carrier digs out from $586 million fiscal-year loss to report $105 million profit and procures 5,000 40-foot units.
Some reports say crew killed Spirit of Hamburg mariner, while others point to an intruder.
GIC, Singapore’s wealth fund, has acquired a Pan-European logistics real estate portfolio that has an accumulated industrial space of over 1 million square meters.
Revenues were down, costs were flat, profits were down. It was largely an unhappy first half financial year for Singapore Shipping.
Risk-averse money is still entering the FreightTech space.
PSA International Pte Ltd said it has completed the acquisition of Halterm Container Terminal in Halifax, Nova Scotia, from a fund managed by Macquarie Infrastructure and Real Assets.
Singapore, one of the world’s biggest centers for the supply of marine fuels, is now enforcing the mandatory use of mass flow metering system for the delivery of distillate fuels. The new mandate went into force as of July 1, 2019.
Singapore’s GLP had planned a US IPO. Instead, it has dramatically downsized its US exposure by selling most of its assets to Blackstone
Considering that Singapore has over 20,000 people per square mile, it may be prudent for the city-state to consider air taxis as an urban mobility option.
TheLorry connects thousands of shippers with truck, pickup truck and van owners across southeast Asia.
Company expands time-definite delivery portfolio
Oil Major Shell has announced upcoming availability its newly developed Very Low Sulphur Fuel Oil (VLSFO) ahead of the IMO 2020 – 0.50% global sulphur limit for marine fuels. FreightWaves has the charts.
BiTA participated in the Singapore Week of Innovation and Technology (SWITCH) 2018.
The deployment of autonomous vehicles will become a viable option for Singaporean locals, thanks to a joint effort between the city-state’s Land Transport Authority (LTA) and the Ministry of Transportation (MOT).
BiTA, previously known as the Blockchain in Trucking Alliance has expanded its mission and renamed the Alliance the Blockchain in Transport Alliance to reflect its focus on all forms of transportation, not just trucking.
The future of transportation is not found in Silicon Valley or Detroit. Singapore will lead the next century of transportation innovation.
Singapore might be world’s smartest city. When you think of tech, you reflexively picture Silicon Valley. While Palo Alto may reign in the west, a tiny island nation of 5.6 million leads the east… and it’s turning to blockchain.
