Rising US imports drive increased activity in the US container trading market, Container xChange survey reveals
• Majority of respondents agree that the container trading market in the US is ‘fiercely competitive’ currently • Depot owners unanimously confirm that there is…
Southeastern Freight Lines promotes Cunningham
SEFL promotes Darion Cunningham to Service Center Manager in Dallas, Texas
Singapore Airlines’ CEO gets pay bump after record profit
Singapore Airlines Ltd. Chief Executive Officer Goh Choon Phong was paid S$8.11 million ($6 million) last financial year, a 21% increase from the previous period,…
Justice Department to charge Boeing, seeks guilty plea from planemaker
The US Justice Department will charge Boeing Co. with criminal fraud, leaving the planemaker to choose between pleading guilty or taking the risk of going…
Canada’s WestJet cancels more flights as strike roils travel
Canada’s WestJet Airlines Ltd. said it was awaiting urgent assistance from the government as a mechanics strike stretched on for a third day, forcing the…
Vietnam Air gets loan extension to avoid insolvency risk
Vietnam’s National Assembly approved an extension for Vietnam Airlines’ 4 trillion dong ($157 million) state-backed loans through July 2027 to give the financially struggling national…
Canada’s WestJet cancels weekend flights as mechanics strike
Canadian carrier WestJet Airlines Ltd. canceled 235 Saturday flights after unionized mechanics went on strike late Friday, undermining government efforts to prevent travel disruptions during…
Vietnam economic growth beats expectations on trade, FDI
Vietnam’s economy accelerated more than forecast in the second quarter, buoyed by a recovery in trade and increased business activity aided by foreign investment.
Russia extends gasoline export permits on ample home supply
Russia will allow the nation’s refineries to continue exporting gasoline for another month as the domestic market remains well supplied.
Ringgit rebound set to ride on recovering exports, Fed rate cuts
The Malaysian ringgit is set to extend gains into the remainder of the year as exports recover and the Federal Reserve eventually pivots to interest…
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![[Freightos Weekly Update] Container rates starting to spike on peak season rush](https://www.ajot.com/images/uploads/article/_thumbs/LB_stacked_containers.JPG)
