Transportation & Delivery

Will Rising Spot Trucking Rates Bring Relief to Carriers in 2024?
Transportation & Delivery Will Rising Spot Trucking Rates Bring Relief to Carriers in 2024?

The trucking industry has long been recognized as a bellwether for the broader economy, signaling shifts in consumer demand, production, and logistics. In 2024, the spot trucking market has presented a cautious yet promising trend for carriers, characterized by an upward trajectory in spot rates.

AI Revolutionizes Parcel Delivery: Enhancing Efficiency and Security
Transportation & Delivery AI Revolutionizes Parcel Delivery: Enhancing Efficiency and Security

The growing prominence of artificial intelligence (AI) in the parcel delivery sector is increasingly transforming interactions between delivery companies, shippers, and consumers. Major players like FedEx and UPS, along with smaller companies in the industry, are leveraging AI to enhance service

Can Candela's Electric Hydrofoil Tech Revolutionize Global Water Transport?
Transportation & Delivery Can Candela's Electric Hydrofoil Tech Revolutionize Global Water Transport?

Candela, a Swedish startup, is making waves in the maritime industry with its groundbreaking electric hydrofoil technology. In 2024, the company secured a Series C funding round of $40 million, including a recent $14 million investment led by SEB Private Equity. This financial boost is set to

Maritime Industry Sees Surge in Dual-Fuel Ship Orders for Decarbonization
Transportation & Delivery Maritime Industry Sees Surge in Dual-Fuel Ship Orders for Decarbonization

Over the past six years, the maritime industry has witnessed a significant surge in orders for dual-fuel ships, marking a notable shift towards decarbonization and future-proofing fleets. According to data from Veson Nautical, the proportion of container vessels equipped with dual-fuel engines has

Is Norway's Drone Investment Key to Arctic Defense Amid Tensions?
Transportation & Delivery Is Norway's Drone Investment Key to Arctic Defense Amid Tensions?

Norway is currently evaluating the introduction of a new, long-range, aerial maritime surveillance drone for its military operations in the high north. This initiative is part of Oslo's broader defense strategy, particularly in light of increasing geopolitical tensions and renewed defense focus due

DHL Express and Shell Partner to Deliver Sustainable Aviation Fuel
Transportation & Delivery DHL Express and Shell Partner to Deliver Sustainable Aviation Fuel

DHL Express and Shell have entered into a transformative one-year agreement that aims to significantly cut greenhouse gas emissions at Brussels Airport. This collaboration involves the delivery of 25 kilotons of Sustainable Aviation Fuel (SAF) to the airport through a dedicated pipeline. SAF,

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