Cargill announced a commitment to cut carbon emissions from its transportation business by 15% by 2020. The company’s pledge was revealed in its first corporate responsibility report that focused specifically on its transportation business. Cargill has also announced its plans to reduce gross greenhouse gas emissions by 10% by 2020 across its global operations.
The European Investment Bank and ING signed an agreement this week for 300 million euros ($370 million) to support green investments in the European maritime shipping market. Each institution will contribute 150 million euros to a sector risk-bearing facility for projects that improve transport vessels’ environmental performance. “It’s no secret … Read more »
Online freight pricing platform Freightos plans to introduce carbon dioxide footprint estimates as well as a suite of free CO2 calculation tools for customers and third parties, the American Journal of Transportation reported. Freightos, which has offices across Europe, the US, Asia, and the Middle East, was established in 2011 … Read more »
UPS is testing a depot-to-door delivery system in central London. The Low Impact City Logistics project will reduce traffic congestion and emissions associated with urban package delivery by using a power-assisted delivery trailer. If successful, it could change the way packages are delivered in cities in the UK. Following a … Read more »
Environmental policy will see a clear shift from land to sea, as shipping is (and will remain) the most efficient way to transport vast amounts of goods long-distance, according to the Norwegian Shipowners’ Association chief executive Sturla Henriksen. Demand for shipping services will double in the next couple of decades, which … Read more »