Page 2 - Freight Group News Today

DB Cargo has withdrawn electric trains over escalating energy costs, but it is expected to be a permanent move.

Operator: Good morning, and welcome to the Andersons 2023 First Quarter Earnings Conference Call. .

 This video is from NCE’s Future of Rail conference 2022. Rail Freight Group assistant policy manager Phil Smart, Chartered Institute of Logistics and

Around 12,000 freight wagons on Britain’s railways can now form part of longer trains.

Yang Ming Marine Transport Corp. (Yang Ming) is to welcome its latest 11,000 TEU container vessel, ‘YM Tranquility.’ This vessel was chartered from Shoei Kisen Kaisha, Ltd., built by Imabari Shipbuilding Co., Ltd., and named at a ceremony held at Imabari Marugame Shipyard today (14th). Yang Ming’s attendees participated in the ceremony virtually at their ...

The Sustainable Business Council (SBC) and the Climate Leaders Coalition (CLC) welcome today’s release of the Climate Change Commission’s final advice to Government as a major milestone for New Zealand’s zero carbon future. Executive Director of ...

WeWork Reportedly Lost More Than $2 Billion In 1st Quarter – Embattled co-working giant WeWork lost $2.1 billion and more than one in four of its customers during the first quarter, according to the Financial Times. [bloom] BBC’s Deceit Over Diana Interview Worsened My Parents’ Relationship – William – The Duke of Cambridge has blamed BBC failings over its interview with his mother for fuelling her paranoia and worsening his parents’ relationship. [bbc] BBC Sends Letters Of Apolog...

Under the new organisation Network Rail, along with functions from the Rail Delivery Group and Department for Transport will be absorbed as the government delivers what has been described as “the biggest change to railways in 25 years” and aims to lay out a 30 year strategy for the sector. GBR is expected to deliver £1.5bn in savings a year after five years as a result of “increased purchasing power and economies of scale, and make it easier and cheaper to plan maintenance, renewals and ...

Companies in desperate hunt for aircraft to move cargo Seller’s market means strong bottom lines for airlines, high rates for shippers 0 3,250 11 minutes read A forklift driver repositions an airfreight pallet, in front of a row of air containers and a cargo jet. (Photo: Jim Allen/FreightWaves at DFW Airport) ( Updated May 12, 10:15 P.M. ET with DHL Forwarding details on rail service) The airfreight market is so saturated that companies without precommitments, or the stomach to pay...

Rates Shoot Higher Shipping rates are steadily climbing with demand outstripping supply in many areas. The China and Hong Kong markets are leading the way on price strength, while others are more dynamic. In some cases, prices are even higher than during the PPE rush of spring 2020 when air cargo capacity worldwide contracted more than 40%.  The Baltic Air Freight Indices showed an increase of almost 17% in April from March largely driven by China and Hong Kong exports.  By the end of April, ...