Air Freight News
S&P Global: Resilient demand and higher toll rates underpin credit strength of U.S. toll operators
"We believe U.S. toll operators will maintain strong coverage, healthy financial margins, increasing liquidity, and overall credit quality despite potential headwinds," said S&P Global Ratings…
United States establishes USMCA dispute panel on Mexico’s agricultural biotechnology measures
“The United States has used the tools provided by the USMCA in attempting to resolve concerns with Mexico’s biotechnology measures...
LNG Tanker Rally begins early on winter demand, strike threat
Renting a liquefied natural gas tanker is getting more expensive sooner than usual this year amid expected winter demand and potential supply disruptions in Australia.
US sets tin-mill steel duties targeting China
The US set preliminary tariffs of more than 100% on tin-plated steel products from China, along with smaller duties on imports from Canada and Germany,…
Click to Read More
Bankrupt Yellow gets $1.3 billion bid from rival Estes
Trucking firm Estes Express Lines has struck a $1.3 billion deal to acquire all of Yellow Corp.’s terminals out of bankruptcy, an offer that’s subject…
Redkik and Uber Freight Collaboration
Today marks a significant milestone in supply chain management as Redkik, a leading global software company, unveils a dynamic collaboration with Uber Freight...
The U.S. speculative-grade corporate default rate could rise to 4.5% by June 2024
We predict persistently higher rates will dent corporates' cash flow, particularly among weaker issuers...
Click to Read More
CMA CGM: FAK Rates - From North Europe to US East Coast and US Gulf
Please find the new applicable CMA CGM Freight All Kinds (FAK) rates (*) as follows...
Click to Read More
US natural gas exporter faces lawsuits over employee stock options
US natural gas exporter Venture Global LNG Inc. is facing lawsuits from former employees who say the company blocked them from exercising their stock options.
Japan exports shrink first time in more than two years
Japan’s exports dropped for the first time in more than two years as patchy overseas demand weakened, signaling headwinds for an economic recovery that has…