Logistics & Supply Chain News: Feb 1 - Australia (5 stories)

Here is your Weekly summary for Logistics & Supply Chain across Australia for Mon 26th January - Sun 1st February 2026

Stonepeak and CMA CGM have launched a $10 billion port venture, marking a significant investment in global logistics infrastructure. This partnership aims to enhance port operations and capacity, which is crucial as supply chain demands continue to rise.

In a notable shift, Citgo has purchased Venezuelan oil for the first time since 2019, potentially impacting U.S. fuel oil imports. This development could alter market dynamics, especially as the return of Venezuelan crude may reduce reliance on other sources.

Meanwhile, Wizz Air reported a widening Q3 loss despite increased passenger numbers, highlighting ongoing challenges in the aviation sector. Additionally, power plant outages in the Eastern U.S. have surged due to limited gas supplies and severe weather, raising concerns about energy reliability in the region.