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Published on Jan 31, 2025

Stable cargo flows and firm rates push ONE to higher third-quarter profit

Transpacific volume was driven by strong consumer spending as well as concern about supply chain disruption due to the labour negotiation in the US east coast and Gulf ports. Asia-Europe trade was also robust Singapore-based container line posted a FY24 …

Source: Lloyd's List - Neutral
Published on Jan 31, 2025

Russian freight trains have not been so slow since the 1960s

Russian rail has reached a new antirecord. Freight trains are now going at speeds not seen since the 1960s – that is, rather slowly. Part of the issue lies with an excess in wagons on the rail network, which, despite its efforts, Russian Railways (RZD) …

Source: Rail Freight - Neutral
Published on Jan 31, 2025

Greek shipping community optimistic about 'universal agreement' at upcoming MEPC

In recent weeks, key developments have underscored Greece’s active engagement in global shipping decarbonisation efforts. The Union of Greek Shipowners (UGS) welcomed an International Chamber of Shipping (ICS) delegation to Greece, while Greek Minister of …

Source: Riviera - Neutral
Published on Jan 31, 2025

Saudia Cargo reports increased cargo volume in 2024

Saudia Cargo has reported growth in 2024, with an increase in cargo volume, flight operations, and digital advancements. The company transported 577,870 tonnes of cargo, marking a 27% rise in transported weight and a 13% increase in cargo volume as …

Source: Logistics Update Africa - Label Pending
Published on Jan 31, 2025

Azerbaijan launches transportation of transit freight by rail from Zira Port for the first time in history

In the framework of infrastructure construction carried out by Azerbaijan Railways CJSC (ADY) in 2023–2024, the Dubandi–Zira–Gurgan–Zira Sea Port railway line (21 km) has been reconstructed, and a new 9 km long railway line has been laid between Gurgan and …

Source: APA - Label Pending
Published on Jan 31, 2025

US Air Force to Install 3D-Printed Drag Reduction Tech for Globemaster Cargo Fleet

The US Air Force has entered the final evaluation phase of 3D-printed drag reduction components for its C-17 Globemaster III military transport aircraft. The project is centered on specialized microvanes that decrease drag by one percent and cut fuel …

Source: The Defense Post - Neutral
Published on Jan 31, 2025

Derek Murphy Promoted to VP of New Construction Aircraft Carriers at HII’s Newport News Shipbuilding Division

HII has promoted Derek Murphy to vice president of new construction aircraft carriers at its Newport News Shipbuilding division. Murphy, a two-decade company veteran, will now be in charge of the shipyard’s production of all new construction aircraft …

Source: GovCon Wire - Neutral
Published on Jan 31, 2025

Whitehorse Freight CEO Mike Bilokonsky looks to hire 'dreamers who come with action'

This story is supplemental content to the Courier's 2025 list of largest logistics companies. Mike Bilokonsky studied and got a degree in physical education at West Virginia University and initially planned to be a physical education teacher. While he …

Source: The Business Journals - Neutral
Published on Jan 31, 2025

Shipping’s carbon levy needs immediate impact to meet goals, researchers say

Any levy selected by regulators this year to make shipping hit its decarbonisation goals needs to be imposed quickly and be large enough to make an impact, according to researchers at University College London (UCL). Shipping’s eyes are set firmly on …

Source: Tradewinds - Neutral
Published on Jan 31, 2025

Greek shipping magnates top tanker newbuild order rankings in 2024

Veson Nautical says Greece accounted for over a quarter of all orders in record year for sector A record number of new tankers were ordered in 2024 with 435 orders placed across the year, an increase of around 31% year-on-year according to according to …

Source: American Journal of Transportation - Neutral
Published on Jan 31, 2025

Boost for horticulture as ATCL launches direct cargo flight to China

ARUSHA: THE launch of direct cargo flights by Air Tanzania to Guangzhou represents a transformative development for Tanzania’s horticultural industry, offering vital access to the growing Chinese market. On January 12, this year, Air Tanzania’s inaugural …

Source: Daily News Tanzania - Pro-Government
Published on Jan 31, 2025

Saudia Cargo Achieves Strong Growth, Reinforcing Global Logistics Leadership

Saudia Cargo demonstrated significant operational growth last year Saudia Cargo, the leading air cargo carrier in Saudi Arabia, has announced significant achievements in 2024. Driven by a strategic focus on innovation, expansion, and sustainability, these …

Source: Construction Business News Middle East - Neutral
Published on Jan 31, 2025

Targeted E-Fuels Subsidy and High GHG Levy Key to Shipping Decarbonisation: Study

Zero-emission fuels such as green ammonia can be rewarded or subsidised using the revenue generated from the carbon levy. Image Credit: Ship & Bunker A $150/mt CO2e GHG levy could help close the cost gap between conventional and alternative bunker …

Source: Ship & Bunker - Neutral
Published on Jan 31, 2025

Video surfaces of freight train before deadly Tempe crash

A screenshot from the video. A newly surfaced video showing the movement of the cargo train involved in the Tempe rail disaster has emerged, providing the first visual documentation of the freight train’s journey before its fatal collision with a passenger …

Source: Kathimerini - Neutral
Published on Jan 31, 2025

New ideas on green shipping from an old maritime family

Building on the shipping history of Liverpool and his own family’s marine legacy, one entrepreneur is trying to tug shipping into a green transition. “There’s quite a good heritage, particularly within Liverpool, within my family, which has been the …

Source: The Times - Center-right
Published on Jan 31, 2025

Saudia Cargo reports 27% growth in transported weight

Saudia Cargo has announced its 2024 results, reporting a 27% growth in transported weight and a 13% increase in cargo volume as compared to 2023. Eng. Loay Mashabi, CEO and Managing Director of Saudia Cargo, said, "Our 2024 results reflect our …

Source: STAT Trade Times - Neutral
Published on Jan 31, 2025

Global Shipping Rates Plunge 18% in Three Weeks

Global shipping rates have plummeted by more than 18 percent since the beginning of the year. Experts in the shipping industry attribute the sharp decline to factors including U.S. President Donald Trump’s tariff policies and an oversupply of global …

Source: Business Korea - Neutral
Published on Jan 31, 2025

Global Air Cargo Demand Soars to Record Highs in 2024, IATA Reports

The International Air Transport Association (IATA) announced robust growth in global air cargo markets for 2024, with demand surging to unprecedented levels despite economic headwinds. Full-year data revealed a 11.3% increase in cargo tonne-kilometers (CTK …

Source: News Ghana - Uncategorized
Published on Jan 31, 2025

Greek shipping magnates topped newbuild tanker orders in 2024

A record number of new tankers were ordered in 2024 with 435 orders placed across the year, an increase of around 31% year-on-year according to according to Veson Nautical, with Greek shippers once again leading orders internationally. The 2024 End-Of-Year …

Source: Kathimerini - Neutral

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Published on February 2, 2025 - 00:00 GMT

Digital Freight Matching Market Set to Surge Projected Growth from $37.8B in 2023 to $352.7B by 2032

NEW YORK, NY, UNITED STATES, February 1, 2025 /⁨EINPresswire.com⁩/ -- The Digital Freight Matching Market was valued at USD 28.6 billion in 2022. It is projected to grow from USD 37.80 billion in 2023 to USD 352.7 billion by 2032, exhibiting a …

Distribution channels: Automotive Industry ...
Published on February 1, 2025 - 01:10 GMT

Pipistrel Completes First eVTOL Flight of Nuuva V300 Cargo Drone

The Slovenian Nuuva V300 is designed to carry a 272kg (600lb) payload over a range of up to 300 nautical miles (555km) with a hybrid electric powertrain. PERTH, WESTERN AUSTRALIA, AUSTRALIA, February 1, 2025 /⁨EINPresswire.com⁩/ -- Slovenian …

Distribution channels: Aviation & Aerospace Industry, Business & Economy ...

Published on January 30, 2025 - 16:38 GMT

Surge in Demand in the e-commerce Industry Pushing the Cargo Drones Market to $16.9 Billion Value by 2032, Claims AMR

Cargo Drones Market - By propulsion, the hybrid segment is anticipated to exhibit significant growth in the near future. WILMINGTON, DE, UNITED STATES, January 30, 2025 /⁨EINPresswire.com⁩/ -- Allied Market Research published a report, titled, …

Distribution channels: Aviation & Aerospace Industry, Business & Economy ...
Published on January 30, 2025 - 13:04 GMT

Global Air Freight Market Expands as E-Commerce and Cross-Border Trade Drive Growth

The expansion of the global economy, changing consumer preferences, and technical improvements have all contributed to a sharp increase in air freight VANCOUVER, BRITISH COLUMBIA, CANADA, January 30, 2025 /⁨EINPresswire.com⁩/ -- The global air …

Distribution channels: Shipping, Storage & Logistics ...

Published on January 30, 2025 - 08:00 GMT

Çelebi Aviation Extends Its Leadership at Budapest Airport with Record-Breaking Passenger and Cargo Handling Volumes

Çelebi Aviationhas set new industry standards at Budapest Airport, driving growth and excellence in cargo and passenger services through strategic investments. BUDAPEST, HUNGARY, January 30, 2025 /⁨EINPresswire.com⁩/ -- Çelebi Aviation Extends Its …

Distribution channels: Aviation & Aerospace Industry, Business & Economy ...
Published on January 30, 2025 - 23:15 GMT

HII’s Ingalls Shipbuilding Opens New Virtual Reality Welding Lab

PASCAGOULA, Miss., Jan. 30, 2025 (GLOBE NEWSWIRE) -- HII’s (NYSE: HII) Ingalls Shipbuilding division along with representatives from the U.S. Navy, Accelerate Mississippi and Mississippi Gulf Coast Community College (MGCCC), celebrated the opening of a …

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Published on January 30, 2025 - 10:00 GMT

Listen Technologies and Ampetronic Are Shipping Auri™

Auracast™ broadcast audio-based assistive listening system increases accessibility and lets users choose how they receive venue audio BLUFFDALE, UT, UNITED STATES, January 30, 2025 /⁨EINPresswire.com⁩/ -- Listen Technologies Corporation, a leading …

Distribution channels: Business & Economy, Electronics Industry ...
Published on January 30, 2025 - 20:00 GMT

HII Names Derek Murphy as Vice President of New Construction Aircraft Carriers at Newport News Shipbuilding

NEWPORT NEWS, Va., Jan. 30, 2025 (GLOBE NEWSWIRE) -- HII (NYSE: HII) announced today that Derek Murphy has been promoted to vice president of new construction aircraft carriers at its Newport News Shipbuilding division. In his new role, Murphy will have …

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Published on January 31, 2025 - 20:09 GMT

CHANGE of CORPORATE NAME, MATERIAL PROGRESS on INITIATIVES and ELECTION of DIRECTORS

Change of Corporate Name to Agility Capital Holding, Inc. Agility Real Estate (ENX:AGIL) TAMPA, FL, UNITED STATES, January 31, 2025 /⁨EINPresswire.com⁩/ -- Agility Real Estate Inc. (“Agility” or “Group”) (Euronext: AGIL) reports the following. …

Distribution channels: Amusement, Gaming & Casino, Banking, Finance & Investment Industry ...
Published on January 31, 2025 - 18:23 GMT

Ensuring Safe Poultry Transport Through Driver Training

PHILADELPHIA, MS, UNITED STATES, January 31, 2025 /⁨EINPresswire.com⁩/ -- Proper driver training is essential for maintaining efficiency, safety, and compliance in the poultry transport industry. Transporting live poultry presents unique challenges …

Distribution channels: Agriculture, Farming & Forestry Industry, Culture, Society & Lifestyle ...
Published on January 31, 2025 - 14:15 GMT

Vroozi Marks Record Growth Year with Industry Recognition and Customer Success

Procurement software leader achieves record 2024 revenue growth and recognition in 78 G2 reports while expanding into new vertical markets LOS ANGELES, CA, UNITED STATES, January 31, 2025 /⁨EINPresswire.com⁩/ -- Vroozi, the intelligent procure-to- …

Distribution channels: Banking, Finance & Investment Industry, IT Industry ...
Published on January 31, 2025 - 13:40 GMT

Self-Driving Truck Market to Reach $41.21 Billion by 2035, Growing at 12.1% CAGR, Driven by AI & Logistics Innovations

WILMINGTON, NEW CASTLE, DE, UNITED STATES, January 31, 2025 /⁨EINPresswire.com⁩/ -- Allied Market Research published a report, titled, “Self-Driving Truck Market by component (Hardware, Software, and Services), by application (Logistics & …

Distribution channels: Automotive Industry, Shipping, Storage & Logistics ...
Published on January 31, 2025 - 12:43 GMT

Fleet Industry Veteran Matt Dyer Appointed as New CEO of Merchants Fleet

HOOKSETT, NH, UNITED STATES, January 31, 2025 /⁨EINPresswire.com⁩/ -- Merchants Fleet, the nation’s leader in innovative fleet solutions, is pleased to announce the appointment of Matt Dyer as Chief Executive Officer. Dyer brings decades of …

Distribution channels: Automotive Industry, Business & Economy ...
Published on January 31, 2025 - 10:40 GMT

Rising Road Tolls Present Growing Challenge for Australian Businesses: Industry Calls for Reform

Australian business owners, particularly those in transport and logistics, are facing unprecedented financial strain due to skyrocketing road toll costs. SYDNEY, NSW, AUSTRALIA, January 31, 2025 /⁨EINPresswire.com⁩/ -- Australian businesses, …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on January 31, 2025 - 10:30 GMT

Artificial Intelligence in Transportation Global Market 2024 To Reach $9.17 Billion By 2028 At Rate Of 12.9 %

The Business Research Company’s Artificial Intelligence in Transportation Global Market Report 2025 – Market Size, Trends, And Forecast 2025-2034 LONDON, GREATER LONDON, UNITED KINGDOM, January 31, 2025 /⁨EINPresswire.com⁩/ -- The artificial …

Distribution channels: Business & Economy, Electronics Industry ...
Published on January 31, 2025 - 10:00 GMT

Bischof+Klein setzt eigene Schwerpunkte - Chancen der Kreislaufwirtschaft

STEINFURT, GERMANY, January 31, 2025 /⁨EINPresswire.com⁩/ -- Bischof+Klein, führender Hersteller von flexiblen Verpackungen und technischen Folien aus Kunststoff und Verbunden in Europa, setzt neue Maßstäbe für nachhaltigen Produktschutz. Mit …

Distribution channels: Business & Economy, Chemical Industry ...
Published on January 31, 2025 - 09:54 GMT

Generative AI in Logistics Market Boosts By Robust CAGR of 43.5%, Size at USD 13,948 million by 2032

Regional Dynamics: North America dominates with a 43% market share, driven by advanced logistics infrastructure and the presence of major technology players... NEW YORK, NY, UNITED STATES, January 31, 2025 /⁨EINPresswire.com⁩/ -- The Generative AI …

Distribution channels: Shipping, Storage & Logistics ...
Published on January 31, 2025 - 18:43 GMT

Thriving Through Change: How RelyPak®’s Innovative Solutions Prepare Businesses for the 2025 Economy

HERSHEY, Pa., Jan. 31, 2025 (GLOBE NEWSWIRE) -- At RelyPak®, we are passionate about providing innovative, cost-effective solutions that empower our customers to thrive in an ever-changing market. By staying ahead of industry trends and focusing on …

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Published on January 31, 2025 - 14:51 GMT

Costamare Inc. Sets the Date for Its Fourth Quarter 2024 Results Release, Conference Call and Webcast

Earnings Release: Wednesday, February 5, 2025, Before Market Opens Conference Call and Webcast: Wednesday, February 5, 2025, at 8:30 a.m. ET MONACO, Jan. 31, 2025 (GLOBE NEWSWIRE) -- Costamare Inc. (NYSE:CMRE), announced today that it will release its …

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Published on January 31, 2025 - 00:39 GMT

Craters & Freighters Expands with New Location in Cincinnati/Dayton

Craters & Freighters opens a new 21,000 sq. ft. facility in Cincinnati/Dayton, expanding its specialized crating and logistics services across the Midwest. CINCINNATI, OH, UNITED STATES, January 30, 2025 /⁨EINPresswire.com⁩/ -- Craters …

Distribution channels: Aviation & Aerospace Industry, Electronics Industry ...
Published on January 31, 2025 - 00:34 GMT

Viroque Energy, nuevo socio de CEIM

El grupo aporta una visión global y sostenible de la energía a la Confederación MADRID, SPAIN, January 31, 2025 /⁨EINPresswire.com⁩/ -- Viroque Energy, nuevo socio de CEIM Viroque Energy se ha incorporado como asociado a CEIM, Confederación …

Distribution channels: Business & Economy, Chemical Industry ...
Published on January 31, 2025 - 00:17 GMT

Zynity Leadership Welcomes Michael Whang as Chief Operating Officer

Zynity Leadership welcomes Michael Whang as COO to drive innovation, executive alignment, and growth in leadership technology. PHOENIX, AZ, UNITED STATES, January 30, 2025 /⁨EINPresswire.com⁩/ -- Zynity Leadership is thrilled to announce that …

Distribution channels: Food & Beverage Industry, IT Industry ...
Published on January 30, 2025 - 23:55 GMT

Success Champion Networking Expands with Five New Chapters, Driving Growth for B2B Professionals

Success Champion Networking expands with five powerhouse chapters, creating new opportunities for B2B professionals closing five-, six-, and seven-figure deals. FORT WORTH, TX, UNITED STATES, January 30, 2025 /⁨EINPresswire.com⁩/ -- Success …

Distribution channels: Building & Construction Industry, IT Industry ...
Published on January 30, 2025 - 20:13 GMT

Shale Crescent Joins US Commercial Services European Roadshow

MARIETTA, OH, UNITED STATES, January 30, 2025 /⁨EINPresswire.com⁩/ -- Shale Crescent USA (SCUSA) announces it will be part of the US Commercial Services Roadshow, "Building Bridges to the USA" from February 20 to February 27, 2025, in the …

Distribution channels: Banking, Finance & Investment Industry, Building & Construction Industry ...
Published on January 30, 2025 - 19:31 GMT

Inbound Logistics Announces Upcoming Feature — Navigating India's Supply Chain

Overcoming Challenges and Seizing Opportunities for U.S. Businesses in India's Dynamic Logistics Market BETHESDA, MD, UNITED STATES, January 30, 2025 /⁨EINPresswire.com⁩/ -- Inbound Logistics, a leading authority in supply chain and logistics …

Distribution channels: Business & Economy, Healthcare & Pharmaceuticals Industry ...
Published on January 30, 2025 - 18:58 GMT

ARAX Holdings Corp. Receives Letter of Intent for the Acquisition of 50% Interest in @Copper Namibia

ARAX’s mission is to transform commodity trading and trade finance through its DeFi solutions, powered by its proprietary BaaP digital asset management system Arax Holdings Corp. (OTCBB:ARAT) NEW YORK, NY, UNITED STATES, January 30, 2025 /⁨ …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on January 30, 2025 - 18:51 GMT

Atlantic Coast Electric Supply Turns to Thrive Technologies For Increased Inventory Profitability

Independent electrical distributor joins Thrive customer roster, strengthening the company’s position as a leader in inventory optimization. MARIETTA, GA, UNITED STATES, January 30, 2025 /⁨EINPresswire.com⁩/ -- Leading AI inventory platform Thrive …

Distribution channels: Automotive Industry, Consumer Goods ...
Published on January 30, 2025 - 18:49 GMT

ArchLynk Appoints Dave Medd as Chief Executive Officer

SAN JOSE, CA, UNITED STATES, January 30, 2025 /⁨EINPresswire.com⁩/ -- ArchLynk, a global leader in digital supply chain and global trade solutions, is pleased to announce the appointment of Dave Medd as Chief Executive Officer, effective …

Distribution channels: Automotive Industry, Business & Economy ...