Air Freight News
Global leaders commit to enabling and promoting the electronic Bill of Lading
Research has shown that switching away from the transfer of physical, paper-based Bills of Ladings could save stakeholders around $6.5 billion in direct costs, enable…
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Stocks steady as investors cautiously await US inflation data
Global shares and Wall Street indexes rose on Wednesday after an in-line inflation reading kept intact bets on the Federal Reserve cutting
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Low global demand creates opportunity for more US sanctions on Russian oil, Yellen says
The United States is continuing to look for creative ways to reduce Russia's oil revenue and lower global demand for oil creates an opportunity for…
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Landstar announces special dividend
Landstar System, Inc. (NASDAQ-LSTR), a technology-enabled, asset-light provider of integrated transportation management solutions delivering safe, specialized transportation logistics services, announced that on December 9, 2024,…
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GCMD and BCG publish report “Opportunities for shipping to enable cross-border CCUS initiatives”
A joint study by the Global Centre for Maritime Decarbonization (GCMD) and Boston Consulting Group (BCG) has identified shipping to play a key role in…
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CNBC/NRF Retail Monitor shows sales grew in November even as two Thanksgiving weekend days fell in December
“November sales increased on top of a strong October and would have been even higher if Thanksgiving Sunday and Cyber Monday hadn’t fallen in December,”…
S&P Global: U.S. public finance saw uneven credit trends amid rising uncertainty in 2024, Report Says
U.S. public finance issuers produced a largely mixed credit landscape in 2024, according to the report "Five Takeaways From U.S. Public Finance In 2024: Uneven…
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Import cargo rising as higher tariffs and potential port strike approach
With a strike possible again next month at East Coast and Gulf Coast container ports and President-elect Donald Trump planning to increase tariffs, the nation’s…
Taiwan November exports expand faster than expected, outlook upbeat
Taiwan's exports rose more than expected in November benefiting from the booming artificial intelligence (AI) industry and a bounce back in demand from top trading…
China’s Nvidia probe puts global investors ‘on notice’
China launching an antitrust probe into US AI chip giant Nvidia marks the start of what is likely to be a systematic strategy to retaliate…