Oil fluctuates on demand concerns, US reserve restocking plan
Oil fluctuated as traders grappled with the outlook for Chinese demand and assessed comments from the US on refilling strategic reserves.
US railroads, unions reach tentative deal on eve of deadline
US railroads and unions reached a tentative deal early Thursday, a breakthrough that looks to avert a labor disruption that risked adding supply-chain strains to…
CSX hires former Ford executive Hinrichs as next CEO
CSX Corp. named Joseph Hinrichs as its next chief executive officer, handing the reins of the railroad giant to a car guy.
At IANA meeting Jensen says ocean freight rates will continue downwards but stay above 2019 levels
Speaking at the Intermodal Association of North America’s (IANA) Intermodal Expo on September 13th at Long Beach, California, Lars Jensen, CEO and partner, Vespucci Maritime…
United Air, Emirates end years of rancor with unlikely pact
United Airlines Holdings Inc. and Dubai-based Emirates have agreed to an alliance enabling them to sell tickets on each other’s flights, a reversal of years…
China mulling U-turn for more fuel exports to revive growth
China is considering allowing its oil refiners to export more fuel in an attempt to help revive its economy, which would be a reversal from…
Axle Payments rebrands to Denim, raises $126 million to scale financial automation and payments platform for freight industry
The new brand symbolizes the company's mission to build a stronger supply chain through its flexible and easy-to-use platform
US rail-strike threat risks delays on $47 billion shipping route
A potential strike by US rail workers is threatening to delay consumer goods sailing from China on one of the world’s most lucrative trade routes.
Marathon negotiations continue as US rail-strike deadline nears
Biden administration-led talks between freight-rail companies and unions to avert a US rail system shutdown extended into early Thursday morning with no word on whether…
Japan’s record trade deficit shows growing pain of feeble yen
Japan’s trade deficit ballooned to a record in August that highlights the increasing pain of the weak yen as import costs spiral upwards, adding to…
Get the most up-to-date trending news!
SubscribeIndustry updates and weekly newsletter direct to your inbox!
Follow us on social media:
