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IMO Agrees on New Plan to Fight Shipping Emissions After Meeting

MTS Logistics

We previously reported that last week, the International Maritime Organization (IMO) was meeting to see if they could agree on updated greenhouse gas emission reduction rules as climate change accelerates. By 2030, the shipping industry has a target to achieve 5% to 10% of energy from non-fossil fuel sources.

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FedEx grows to meet Saudi Arabia demand

Logistics Business Magazine

FedEx Express has announced its transition to a direct-serve presence in the Kingdom of Saudi Arabia to meet the country’s growing international shipping demands. The logistics sector is a key contributor towards employment, investment, and overall economic growth in our nation.”. The company will invest more than SAR1.5bn (c.US$400m/€345m)

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Geodis Sets 30% Carbon Cut Target by 2030

Logistics Business Magazine

Geodis has set itself the ambition of reducing its CO2 emissions by 30% by 2030. In addition, Geodis says it is aware that collaboration and involvement with major groups are essential to meet the challenges of climate change and is therefore engaging with the various players in the sector.

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This Week in Logistics News (August 6 – 12)

Logistics Viewpoints

I read earlier this week that pressure on the supply of critical materials will continue to mount as road transport electrification expands to meet net-zero ambitions. According to the International Energy Agency (IEA), demand for electric vehicle (EV) batteries will increase from around 340 GWh today to over 3500 GWh by 2030.

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A New Era in Transport Logistics with Big Data and Self-Driving Trucks

Logistics Viewpoints

Fuel prices and a shortage of drivers are putting transport logistics under immense pressure. Taking all aspects into account is the only way for logistics companies to have a solid foundation for decision making and holistic optimization. Big data for real-time optimizations in transport logistics.

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International, domestic pressure grows on trucking industry to reduce emissions

Logistics Management

At an international meeting called COP27 in Copenhagen, Denmark, in mid-November, the U.S. signed onto a non-binding memorandum of understanding (MOU) that includes an interim target of converting 30% of medium- and heavy-duty vehicle sales to zero emissions by 2030. The pressure is building for the U.S.

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World Shipping Body Toughens Their Emissions Targets

Logistics Viewpoints

The interim goals include cutting greenhouse gas emissions “by at least 20 percent, striving for 30 percent, by 2030” and “by at least 70 percent, striving for 80 percent, by 2040.” The post World Shipping Body Toughens Their Emissions Targets appeared first on Logistics Viewpoints.