Oil prices set to fall for third month despite Middle East conflict
Oil prices declined on Monday and were on track to fall for the third month in a row as a strong supply outlook and questions…
US natgas prices ease as power outages from Hurricane Helene reduce demand
U.S. natural gas futures eased about 1% on Monday on a small increase in output over the weekend and forecasts for less demand over the…
US closes $1.52 billion loan to resurrect Michigan nuclear plant
The U.S. on Monday said it closed a $1.52 billion loan to resurrect Holtec's Palisades nuclear plant in Michigan, and a senior Biden administration official…
Montreal docker union slates strike that just immediately targets Termont’s two terminals
As a pressure tactic in the midst of deadlocked negotiations with all maritime employers, the union representing 1,150 longshore workers at the Port of Montreal…
Multiple terminals closed at Port of LA after lithium battery fire
Operations at Port of Los Angeles suffered disruptions as an overturned tractor trailer carrying a load of lithium batteries ignited a fire near Ocean &…
CNC launches first 100% foreign-owned domestic shipping service in the Philippines
CNC, the Intra-Asia short sea specialist of the CMA CGM Group, today announced the launch of a new legal entity (named “CMA CGM Philippines Shipping”)…
Signal Ocean Dry Weekly Market Monitor Crude Oil - Week 39.2024
This week’s chart highlights the rising trend in monthly crude oil shipments from the Arabian Gulf to China, starting in August.
Joint Statement of the Minerals Security Partnership Principals’ Meeting 2024
The text of the following statement was released by the Governments of the Republic of Korea and Australia, Canada, Estonia, Finland, France, Germany, India, Italy,…
Southeastern Freight Lines expands reach with new direct service line to Las Cruces, New Mexico
Southeastern Freight Lines, the leading provider of regional less-than-truckload transportation services, today announced the launch of a new direct service line to Las Cruces, New…
Freight partners group boosts LTL efficiency by 37% with Shiplify’s AI-Driven Shipping Solution
Shiplify is assisting FPG in saving their customers both time and money by identifying additional charges and offering proactive location data to enhance customer experience.
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