FTR’s Trucking Conditions Index Weakened in June Amid Multiple Challenges
Trucking conditions deteriorated further in June as fuel and financing costs and freight rates were negative factors.
Bundesbank Sees More Wage Pressure as German Inflation Nears 10%
(Bloomberg) -- The continued loss of workers’ purchasing power as well as Germany’s tight labor market are expected to result in growing upward pressure on…
Taiwan Sees Surprise Export Order Fall on Weak China Demand
(Bloomberg) -- Taiwan’s export orders unexpectedly contracted in July as demand from Chinese customers plunged, and officials are now warning of further declines to come.
Strike at Port of Felixstowe Set to Upend Supply Chains
Site of the last attempted invasion of England, the coastal town of Felixstowe is about to absorb another shock from the sea. Only this time…
India May Import Wheat in Blow to Modi Goal of Feeding World
Indian Prime Minister Narendra Modi boldly declared that his country was ready to “feed the world” after Russia’s invasion of Ukraine. Less than four months…
Korea’s Exports Close to Stalling as Global Economy Cools
South Korea’s early exports barely rose in August as geopolitical risks and central bank tightening weigh on the world economy.
Germany to Prioritize Coal Trains Over Passenger Services
Germany plans to give coal trains priority over passenger services on its rail network as it struggles with an energy crunch that’s threatening the economy,…
FAA awards $2.7M in drone research
Investments to support disaster preparedness, emergency response
Crowley Names Bob Karl as Senior Vice President and GM of Wind Services
Crowley has appointed Bob Karl as senior vice president and general manager of the company’s new business unit, Crowley Wind Services.
C.H. Robinson Complete Large Transportation Project
C.H. Robinson, Project Cargo Network (PCN) Members from Canada, recently completed a series of shipments from a plant closure in New York to locations across…
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