Tanzania debt tops $37 billion as it increases transport spend
Tanzania’s national debt climbed by almost 20% last year as the East African nation ramped up borrowing to fund its infrastructure projects.
Maersk buys trucking firm, warns ocean freight boom is waning
A.P. Moller-Maersk A/S agreed to buy Pilot Freight Services LLC for $1.68 billion, shoring up its road-transport business while signaling an unprecedented boom in container…
Canada’s trucker protest blocking U.S. Border has few semis as others join in
The truck driver protest that started in Ottawa before spreading to shut Canada’s gateway to Detroit and its auto plants appears to be a bit…
Asia deepens regional ties as disruptions roil global trade
Countries in Asia-Pacific have strengthened their regional integration during the pandemic, which helped to insulate their economies as supply-chain bottlenecks and restrictions to restrain the…
Key trade link in gridlock as Canada protest halts traffic
It didn’t take many protesters to freeze a major North American economic artery. The brief closure of one bridge straddling the U.S. and Canada exposes…
U.S. agricultural exports topple record on China, Mexico demand
Soaring demand from China and Mexico lifted U.S. farm exports 18% last year to a record-breaking $177 billion.
NYC’s Gateway Rail Project risks further delays, Watchdog warns
Amtrak needs to shore up its workload management to avoid further delays in the long-postponed Gateway project aimed at alleviating rail congestion between New York…
Emerge adds industry veteran Mark Mcentire to support fast growth
The company’s award-winning Freight Procurement Platform is in demand by shippers, carriers and freight professionals
Odyssey Logistics automates customer tracking emails with RPA Labs
Odyssey Logistics & Technology Corporation selected RPA Labs to automate customer emails that request shipment tracking details.
Oil prices falling on hopes of progress in Iran negotiations and cooling Eastern Europe tensions – Rystad Energy
Oil markets are falling this morning on hopes that Iranian crude will reenter the market in the coming months, and Russia-Ukraine tensions are cooling.
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