October import cargo to remain strong despite three-day strike at East Coast and Gulf Coast ports
Imports at the nation’s major container ports should continue at elevated levels this month despite a strike that briefly shut down operations from Maine to…
Swiss WorldCargo has resumed its contract with GLOBE AIR CARGO Bulgaria
• Swiss WorldCargo has recently re-established its partnership with ECS Group GSSA, Globe Air Cargo Bulgaria • Globe Air Cargo Bulgaria hires additional team member,…
[Freightos Weekly Update] Unwind from ILA strike begins, ocean rates fall while air climbs
The ILA strike concluded Thursday after the union accepted a 62% wage increase over six years and set a new deadline of January 15th to…
Turkey says exports to Palestinians surge after halting trade with Israel over Gaza war
Turkey's exports to Palestinian territories leapt sixfold in the first nine months of the year to $571.2 million, data showed on Tuesday, five months after…
Florida ports closed, navigation restricted in South Carolina ahead of Milton
Most Florida ports including Tampa and Sarasota were closed on Tuesday to all vessel traffic ahead of Hurricane Milton, while terminals in South Carolina including…
Canada posts sixth straight monthly trade deficit in August
Canada recorded a bigger-than-expected trade deficit of C$1.1 billion ($806 million) in August, its sixth consecutive monthly shortfall, as imports rose while exports declined, Statistics…
Uber to launch AI assistant powered by OpenAI’s GPT-4o to help drivers go electric
Uber Technologies will roll out an AI assistant powered by OpenAI's technology to help drivers transition to electric vehicles, as part of its efforts to…
China is oversupplying lithium to eliminate rivals, US official says
Chinese lithium producers are flooding the global market with the critical metal and causing a "predatory" price drop as they seek to eliminate competing projects,…
China targets EU brandy in EV tariff vote tit-for-tat
China imposed temporary anti-dumping measures on imports of brandy from the EU on Tuesday, hitting French brands including Hennessy and Remy Martin, days after the…
Oil rally pauses as investors await Israeli response
A rally in oil prices took a break on Tuesday as the market waits for Israel's response to last week's Iranian rocket attacks that prompted…
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