92% of the world economy is now covered by net zero pledges, but the carbon sequestration side of this is often overlooked. Reaching net zero is not just a matter of mitigating and reducing emissions, it’s about removing greenhouse gases already in the atmosphere. Of course, the more we underperform in mitigation, the more dependent we will be on sequestering greenhouse gases already in the atmosphere. That process is very logistics intensive, particularly if you look at the IPCC models and their projection for the amount of CO2 (8 billion tonnes) we’re going to have to capture, transport, and find underground places for permanent storage by the 2050s.
The crash of a Maersk operated container vessel into a bridge at the entrance to the port of Baltimore has attracted a lot of attention. However, its impact on supply chains in and out of the US is likely to be modest with the automotive sector suffering the worst problems.
Demand for European air freight remains up year-on-year following 17 months of decline, while European inventory values are down significantly. What does the data tell us? IATA data shows that demand for European air freight, represented by Cargo tonne kilometres (CTK), has been on the rise since October. This follows a 17-month period between April …
It is not hard to understand why Deutsche Bahn wishes to sell Schenker. Deutsche Bahn’s debt increased by €5.2bn to €34bn over the Financial Year 2023, driven by capital investment in German railways.
The European road freight capacity index decreased for the second month in a row, falling by -2.9% year-on-year in February 2024, according to the latest data by Transporeon.