Logistics Recap
April 16th – April 22nd
Forklift-fueling hydrogen network holds long-haul trucking potential
One of the drawbacks of hydrogen adoption as a transportation fuel is the lack of infrastructure. Guess what? A network of hydrogen fueling already exists.
It’s true that what exists is primarily dedicated to material-handling fuel cell-powered forklifts. The majority of those are located at distribution centers and warehouses for retail giants Amazon and Walmart.
Air cargo shreds paper trail in dustry push toward digitalization
Air cargo carriers are pushing customers to use electronic air waybills, which experts say are key to improving processes, increasing shipment visibility and eliminating errors.
Earlier this year, for instance, IAG Cargo implemented a charging fee for using paper AWBs as the company strives to digitize its operations and procedures.
Read More Here Supply Chain Dive
Tanker company moving RUssian oil loses insurance over G-7 cap
An oil tanker company heavily involved in moving Russian oil lost industry standard insurance for its fleet after falling foul of a Group of Seven price cap relating to the transportation of the nation’s barrels.
Gatik Ship Management lost so-called protection and indemnity (P&I) cover that was provided by the American Club, a person familiar with the matter said, declining to be identified discussing sensitive information.