The National Transportation Safety Board (NTSB) said on Thursday that the capsizing of a dredging vessel on the Mississippi River last year was due to the company’s failure to mandate…
Tanker Enroute from Russia to India hit by Missile off of Yemen – Report
Three missiles were sighted approximately 15 nautical miles southwest of Yemen’s Mokha, British security firm Ambrey said on Friday, and the United Kingdom Maritime Trade Operations (UKMTO) said that one vessel was damaged.”The Master has reported two attacks.
https://www.marinelink.com/news/tanker-enroute-russia-india-hit-missile-513272
Zim shares launch ‘breakout’ with 15% surge in a morning
Shares in Denmark’s Maersk also rise as freight index posts largest one-week gain since January
Running on Ice: Pyramids and the pharmaceutical supply chain
All thawed outOne of the many developments to come from the LogiPharma 2024 event was the announcement of Tower Cold Chain’s KTEvolution 12, a small-parcel solution for pharmaceutical products. The winning thing here is that the phase-change materials (PCM) or dry ice is in a new pyramid-shaped configuration that guarantees improved internal temperature consistency even when the container is placed on its side – a game changer for anything moving through the...
https://www.freightwaves.com/news/running-on-ice-pyramids-and-the-pharmaceutical-supply-chain
DP World Delivers Its Global Beyond Boundaries Initiative To Africa
DP World, a global leader in smart end-to-end supply chain logistics, is proud to bring its Beyond Boundaries Initiative to the African continent for the first time. An event today at South Africa’s iconic DP World Wanderers Stadium, saw DP World unveil the fifth repurposed shipping container of...
Drewry: World Container Index Was Stable Last Week
Drewry’s World Container Index remains stable at $2,706 per 40ft container this week. Our detailed assessment for Thursday, 25 April 2024 The composite index remains stable at $2,706 per 40ft container this week and has increased by 55% when compared with the same week last year. The latest Drewry...
https://www.hellenicshippingnews.com/drewry-world-container-index-was-stable-last-week/
Λύγισε στη Βαρκελώνη ο Ολυμπιακός και τώρα ήρθε η ώρα του ΣΕΦ
Ο Ολυμπιακός δεν κατάφερε απόψε να κάνει break στο break, καθώς η Μπαρτσελόνα νίκησε με 77-69. Η ομάδα του Πειραιά, βέβαια, πέτυχε τον σκοπό της στη Βαρκελώνη έχοντας σπάσει την…
Λύγισε στη Βαρκελώνη ο Ολυμπιακός και τώρα ήρθε η ώρα του ΣΕΦ – Η ΝΑΥΤΕΜΠΟΡΙΚΗ
End of the oil supercycle?
The International Energy Agency’s (IEA) latest Oil Market Report paints a surprising picture for the future of oil. While global oil demand is expected to notch up some growth in 2024 and 2025, the pace of that increase is slowing dramatically, hinting at a potential peak in consumption sometime...
https://www.hellenicshippingnews.com/end-of-the-oil-supercycle/
TFI’s US LTL operations need heavier shipments, CEO says of Q1 results
Some key statistics at the U.S. LTL operations of TFI International remain a cause for concern at the Canada-based trucking conglomerate, and CEO Alain Bedard did not hold back discussing those issues on the company’s first-quarter earnings call.
The core of the U.S. LTL activities at TFI (NYSE: TFII) is known as TForce, and its roots are in the TFI acquisition of UPS’ LTL operations, UPS Freight, in 2021.
LTL discussions often turn to revenue per hundredweight, or yield, in analyzing how a...