Air Freight News
DAT: Spot truckload rates slipped, volumes rose in August
Spot prices to move truckload freight continued their extended slide in August despite stronger load volumes, said DAT Freight & Analytics, which operates the DAT…
India’s potash demand languishes as world reels from high prices
India, one of the world’s biggest potash importers, is facing demand destruction due to high prices and the loss of critical supplies from Belarus and…
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Nippon paint marine hull and hold coats for Polaris
Polaris Shipping, one of South Korea’s largest bulk carrier operators, has specified Nippon Paint Marine hull and hold coatings for a trio of Very Large…
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[Freightos Weekly Update] Rates keep falling; first signs of strikes on West Coast
Key insights: 1. Ocean spot rates ex-Asia continued to fall this week, with US West Coast rates falling 45% so far this month to below…
Australia posts fiscal boost from exports; surplus still distant
Australia reported a significantly improved budget outcome for fiscal 2022 even as Treasurer Jim Chalmers dismissed prospects for the books to return to the black…
Dangerous goods transport survey highlights challenges
Labelmaster, the International Air Transport Association (IATA) and Hazardous Cargo Bulletin announced the results of their seventh annual 2022 Global Dangerous Goods Confidence Outlook. The…
EU plans new Russia import bans, tech curbs over Putin land grab
The European Union proposed a new package of sanctions on Moscow that would include a price cap for Russian oil sold to third countries.
Taliban sign deal with Russia to buy cheap oil, gas and wheat
Afghanistan’s ruling Taliban have signed an agreement with Russia to import fuel and wheat at a discount as the country struggles to feed its population…
Iraq sees oil exports stable next year even as buyers want more
Iraq plans to keep crude exports stable next year, despite requests for more oil as demand strengthens in China and European refiners seek alternatives to…
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Loadsmart’s first-of-its-kind MercuryGate LTL integration provides cost savings and mode options for shippers
MercuryGate shippers now have access to dynamic, volume-based rates with Loadsmart’s LTL integration