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Logistics

Shell, Hapag-Lloyd Strike Biomethane Deal

Hapag-Lloyd and Shell Western LNG B.V. (Shell) have signed a multi-year agreement for the supply of liquefied biomethane starting with immediate effect. The agreement builds on a strategic collaboration established in 2023 to accelerate the decarbonization of alternative marine fuels. Biomethane, also known as Bio-LNG, plays a significant role in Hapag-Lloyd’s decarbonization strategy, which aims to achieve net-zero fleet operations by 2045, by enabling emissions reductions across its fleet and supporting ... [+]

Port NOLA Registers LIT Project with Envision

The Port of New Orleans, or Port NOLA said its Louisiana International Terminal project became the first new project in the U.S. and Louisiana to register with the Envision Sustainable Infrastructure Framework project. Port NOLA said it registered LIT with the globally recognized framework to standardize ... [+]

IATA Calls to Address Limited Carbon Credits

The International Air Transport Association, or IATA, and carbon market stakeholders are calling on governments worldwide to urgently address the limited supply of carbon credits available for airlines to fulfill their carbon compliance. Airlines face these obligations under the Carbon Offsetting and Reduction Scheme for International ... [+]

Hapag-Lloyd, DHL Decarbonize Supply Chains

Hapag-Lloyd and DHL Global Forwarding, in joint efforts to decarbonize supply chains, signed a three-year framework agreement for the purchase of Scope 3 greenhouse gas emission reductions from the use of sustainable marine fuels within the ocean carrier’s fleet. As part of this agreement, the first ... [+]

DP World, Hapag-Lloyd Extend Santos Pact

DP World, a global logistics and supply chain supply chain giant, agreed to a 10-year extension of its long-term agreement with shipping line Hapag-Lloyd for operations at the Port of Santos. To meet growing demand, DP World advances its port capacity expansion plan to enable the ... [+]

DHL Names Asmussen to Corporate Affairs Post

DHL Group has named Maike Asmussen as executive vice president for corporate public affairs at DHL Group, effective Jan. 1, 2026. She succeeds Volker Ratzmann, who is retiring at the end of the year. Asmussen, who will report directly to CEO Tobias Meyer, is currently chief ... [+]

CSX Corp. Names Linde Veteran Angel CEO

CSX Corp. said Sept. 29 it has named former Linde CEO Steve Angel as president and CEO, and a member of the board. He succeeds Joe Hinrichs, who has departed from the company after three years at the helm. Angel, with more than 45 years of ... [+]

Atlas Air Venture Converts Freighters for mas

Titan Aviation Leasing, the joint venture between Titan Aviation Holdings Inc., a subsidiary of Atlas Air Worldwide, and Bain Capital, have acquired two converted Airbus A330-300 passenger-to-freighter aircraft from Airbus Financial Services. Both aircraft are now on long-term lease with mas, a Mexico-based cargo carrier based. ... [+]

BIMCO Lifts Container Outlook on non-US Trades

Dutch International shipping association BIMCO increased its ship demand growth forecast for 2025 to 4.5 percent to 5.5 percent while maintaining it at 2.5. percent to 3.5 percent for 2026 on the strength of demand in non-U.S.-bound demand. “We now expect a balanced supply/demand development in ... [+]

Consumers Confident, Despite Rising Costs

Small business confidence continued to climb in the third quarter, according to the latest Small Business Index from MetLife and U.S. Chamber of Commerce. The third quarter index score of 72, up from 65.2 last quarter, was driven by improved views of both the national and ... [+]

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