Oil falls from a three-month high before key inventory report
Oil slipped from a three-month high before a U.S. government report expected to show another increase in inventories, signaling the market still has its work…
US lacked outbreak plan for air travel that watchdog recommended in 2015
The U.S. Transportation Department was less prepared for the coronavirus pandemic because it failed to coordinate a national aviation preparedness plan for communicable disease outbreaks…
Discount airline group presses for extension of US assistance
Smaller U.S. airlines are likely to need more government aid amid an uncertain travel recovery, according to a trade group that represents discounters such as…
African trade deal to push ahead even if another virus-wave hits
An Africa-wide free-trade agreement is unlikely to face any further delays even if a second wave of coronavirus infections hits the region, according to the…
Ireland to nominate EU trade chief Hogan for top post at WTO
Ireland is planning to nominate Phil Hogan, the European Union’s chief trade negotiator, to be the next director-general of the World Trade Organization, according to…
Emirates to resume flying A380 superjumbos to London, Paris
Emirates plans to restart flying Airbus SE A380 superjumbos to London and Paris from next month as the world’s biggest long-haul airline ramps up operations.
Global logistics company signs 20,000 SF office lease to relocate, expand HQ in South Florida
Samuels & Associates announced today that International Materials, Inc.(“IMI”), an international trading and logistics provider, signed a 20,052-square-foot lease to relocate and expand its corporate…
Hapag Lloyd Far East – service update North Europe (FE 2-4) & void sailing scheme Mediterranean (MD 1-3)
Hapag-Lloyd will be further adjusting its network due to reduced demand from the current situation but with focus to provide continued high service levels to…
ATA Truck Tonnage Index fell 1% in May
American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index contracted 1% in May after falling 10.3% in April. In May, the index equaled…
Here is Rystad Energy’s daily market comment from our Head of Oil Markets Bjornar Tonhaugen:
If you’re a trader you’re probably thinking what a bizarre market you chose to be in. What statements can you trust and what are the…
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