Air Freight News
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El Niño drives southern African Millers to seek Brazil corn
Zimbabwe is considering importing corn from Brazil for the first time since 2014 as the El Niño weather pattern withers crops in the country and…
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Metal traders get ready for fireworks after LME Russia ban
Metal traders are bracing for dramatic moves after the London Metal Exchange responded to new US and UK sanctions by banning deliveries of any Russian…
Oil traders weigh risks of Iran-Israel conflict in tight market
The escalating conflict between Iran and Israel will force oil traders to reevaluate the geopolitical risk premium they need to apply to a market where…
Census data shows retail sales grew in March amid early easter, bigger tax refunds and more jobs
Data released by the U.S. Census Bureau today shows retail sales continued to increase in March as tax refunds and job growth put more money…
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Expected rise in war risk premiums and freight rates amid geopolitical tensions
In a significant escalation of tensions in the Middle East, Iran's capture of the MSC Aries, a container ship linked to Israel, has reverberated throughout…
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Rate chokehold on world economy is set to loosen only slowly
The high tide for global interest rates has passed, but respite for the world economy may be limited as policymakers stay wary at the threat…
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CNBC/NRF retail monitor: Sales grew in March amid wage grains and easing inflation for goods
Retail sales grew at a steady pace in March, according to the CNBC/NRF Retail Monitor, powered by Affinity Solutions, released today by the National Retail…
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Apparel and footwear industry calls for 16 year AGOA renewal
Currently set to expire in September 2025, AGOA is a pivotal trade preference program that provides duty-free access to the U.S. market, fostering economic growth…
TOP Ships Inc. announces transfer of listing to the NYSE American LLC
The Company expects to commence trading as a NYSE American-listed company at the market open on April 24, 2024, under its existing ticker symbol, “TOPS.”
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China steel exports hit highest since 2016 on weak local demand
China’s steel exports posted the strongest month since 2016, weeks after US Treasury Secretary Janet Yellen used the industry as an example to warn on…