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World Container Index down by 1.2%

The World Container Index assessed by Drewry, a composite of container freight rates on 8 major routes to/from the US, Europe and Asia is down by 1.2% to $1,622.68 per 40ft container (updated Thursday, 13 December 2018).

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Valmet launches new process control for ships to improve fuel efficiency

This new control called Valmet DNA Sea Optimal Mode acts as a separate power management mode within the Valmet DNA Power Management System.

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Supply Chain Finance Awards 2018: Kuehne + Nagel wins in the category Transport & Logistics

Kuehne + Nagel has leveraged its existing Tradeshift e-invoicing platform by adding a Supply Chain Finance (SCF) layer on top.

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European Commission approves German aid scheme to promote shift of freight traffic from road to rail

The scheme will support rail freight operators in Germany in order to contribute to a reduction of road congestion and CO2 emissions.

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Georgia Ports Authority to achieve 8% year on year increase in 2018

The performance would mean an increase of 8% (312,385 TEUs) compared to CY2017. "Cargo expansion related to growth in inland markets, as well as increased demand right here in the U.S.

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