Logistics News

A man armed with a sword injured several people in a Swedish high school

Local authorities reported that a man was arrested after he allegedly injured several people with a saber at a Swedish high-school on Friday. The incident triggered a massive response by emergency services. The incident happened on Friday at Brinell High School, which has around 450 students between 16 and 20 years old in Fagersta. A police spokesperson said: "We received a report at 1406 (or 1206 GMT) of suspected violent death and sent all the resources we could to the school." A spokesperson stated that one person was taken into custody and there was no danger to the public. "IT
Passenger Transportation Services

Dutch regulator fines Uber 966 million dollars for automating driver terminations, shows document
Why does Trump mention the Keystone XL pipeline?

This week, during the U.S. Canada trade talks, a social media post from U.S. president Donald Trump stating that the Keystone XL pipeline "may 'be awoken?from the grave" caught the attention of many. Here's a look back at that project, which ran through parts of Canada as well as the United States. Also included are details about a new oil pipeline proposal that takes a slightly different path. What is Keystone XL? Keystone XL is a crude pipeline that was proposed. It would have been 1,181 km long and carried approximately 830,000 barrels of oil per day from the oil
Passenger Transportation Services

Delta and Aeromexico win US Court battle to retain joint venture
Panama Canal will cap daily transits in anticipation of severe El Nino

It announced on Thursday that the Panama Canal Authority will limit daily transits starting in early September, as it prepares for an El Nino season expected to reduce water levels. This is a reversal of a previous promise not to restrict vessel passage. The new measures will reduce the number of vessels that can pass through the canal each day to 32 by September 15, and to 34 as of Sept. 4. In June 2026 the canal'registered 35 average daily transits, which corresponded to vessel demand. Its capacity was to handle around 40 crossings per day. Canal authorities said in
West Africa

At least 40 bodies found after a boat overloaded with passengers capsizes in Nigeria

Local officials and residents reported on Thursday that a?overloaded?boat capsized in Nigeria's northwest Sokoto State. Abdulkadir Yusuf is a manager at the National Inland Waterways Authority. He said that rescue efforts continue after the accident near Gorau, in Goronyo Local Government Area. Yusuf reported that around?40 bodies of children had been discovered. Nasiru Adamsu, a local lawmaker in the 'Sokoto State legislature, confirmed the death toll at 43. A local resident said that the boat was carrying farmers and workers hired to harvest rice. He estimated there were more than 70 people on board when it capsized. One resident reported
Exporters warn that delays could occur as Ivory Coast prepares for EU cocoa regulations

Poland and Baltics look to protect energy assets after undersea cable cuts

The Baltic states are working with Poland to protect the energy facilities they need as they decouple their power grids from Russia, Lithuania's energy minister told Reuters, following damage to undersea cable televisions in the area. Polish and baltic state-run power grid operators are working on an arrangement to guarantee the smooth running of the decoupled system, and how to repair it if needed, Zygimantas Vaiciunas said in an interview...

Transport Infrastructure

Trainline, Virgin Atlantic and others are being investigated by the UK over pricing

In an effort to ease the rising cost of living, UK's?competition commissioner?has launched a probe into how British airline Virgin Atlantic and rail and coach ticketing company Trainline show their total prices when customers book tickets. The Competition and Markets Authority announced on Wednesday that it would be launching an investigation into three firms, including one called RED Driving School. This was due to concerns about customers not being shown the full price when purchasing train or coach tickets, holiday packages, or driving lessons. Trainline stated that it has been working with the CMA to improve the transparency of fees...

After 12 years, the US has lifted security restrictions on ships coming from Nigeria

Adegboyega Oyetola, Minister of Marine and Blue Economy, announced on Tuesday that the United States had lifted the security restrictions on vessels coming from Nigeria after more than 10 years. This move is expected to reduce shipping costs and increase the competitiveness in Nigerian ports. The U.S. Coast Guard introduced the restrictions known as Conditions of Entry in June 2014. They required that vessels bound for "the United States" who had visited certain Nigerian ports recently to "comply with enhanced security measures and undergo increased scrutiny before entering U.S. water." The Coast 'Guard' said Nigerian ports failed to maintain effective...

Sources say that Russia is rerouting Kazakh crude oil to the Black Sea in order to increase Baltic export capacity.

Sources say that Russia has rerouted Kazakhstan's crude exports to the Black Sea port of Novorossiysk from the Baltic port?of Ust-Luga, in order to free up more capacity for Russian oil exports?from the Baltic due to a heightened Black Sea security risk. Sources familiar with the issue said that Kazakhstan exports crude oil through Novorossiysk as well as Ust-Luga. However, Moscow wants to route all Kazakh transit volumes through the Black Sea starting in late August and continuing until the end of September. This move would allow Russia to replace Kazakh crude barrels at Ust-Luga by its own crude exports....

Sources say that China's state-owned oil shippers have deployed oil tankers to avoid chokepoints in the Gulf and deploy them outside of it.

According to industry executives, ship brokers, and tanker trackers, two Chinese shipping giants are no longer sending oil tankers into Middle East chokepoints because of the ongoing conflict. Instead, they're collecting oil cargoes from outside the?Gulf. According to Vortexa, a tanker tracking service, and a shipbroker, state-controlled COSCO?Shipping Energy Transportation (CMES) and China Merchants Energy Shipping have been keeping their tankers away from the Strait of Hormuz since late July. Security concerns are preventing oil shipments for the world's biggest importer. Yemen's Houthis announced a maritime embargo on Saudi Arabia on 20 July, while the Strait of Hormuz is still...

US railroad Union Pacific made money by charging fuel costs for the Iran war to cover its costs.

U.S. railroad Union Pacific collected more than $91.1 million in fuel surcharges during the second quarter compared to what it paid for fuel, a filing made with the Surface Transportation Board and first reported by. These excess surcharges increased Union Pacific's profits, highlighting criticisms from some shippers who believe that surcharges intended to recoup the rising costs of petroleum due to U.S.-Israeli war against Iran can be excessive. The only U.S. transport companies to report fuel costs as well as fuel surcharge revenues to regulators is railroads. This rare insight provides a unique look at how fuel surcharges improve company...

Soybeans are on the rise as crude oil prices jump and there is a strong soybean crush

Analysts said that the Chicago Board of Trade soybean futures rose on Monday, as higher crude oil and a stronger crush rate of soybeans supported the market. Wheat prices fell after investors took profits on last week's gains. However, the continued disruption of Russian and Ukrainian exports via the Black Sea helped to support the market. The corn and soybean futures rose as well, boosted by caution about U.S. crop yield prospects ahead of a closely followed Midwest tour scheduled for this week. Chicago Board of Trade futures for soybeans, the most active contract, rose by 23-1/2 cents a bushel...

Passenger Transportation Services

US FTC is considering requiring disclosure of customized pricing

Federal Trade Commission officials in the United States said Wednesday that they are considering requiring companies to disclose whether or not they use personal data for pricing. This practice has been under a growing amount of scrutiny by federal and state officials. The FTC released a draft of its enforcement policy statement, which states that the law prohibiting deceptive practices would likely prohibit undisclosed uses of personal data in setting prices. Surveillance Pricing is a method whereby companies use personal data, such as a customer's browsing history, their location, and their shopping habits, to determine individualized algorithmic pricing for products....