Container xChange unveils January ’24 Container Market Forecaster
Global trade braces for unprecedented geopolitical challenges in 2024
African Union joins US in calling for calm in Horn of Africa
The African Union and the US called on Ethiopia and Somalia to de-escalate tensions in a region that’s situated on the approach to a global…
Russian oil losing competitive edge in India as prices rise
India’s crude oil imports from Russia in November were the costliest in a year, government data show, reflecting lowering discounts on the fuel.
Thai rice exports seen dropping as scramble for supply eases
Thailand’s rice exports are expected to drop by 15% this year as a global scramble for the staple food is set to ease.
US, partners warn Houthis against further attacks in Red Sea
A dozen countries warned the Houthis, a Yemen-based rebel group backed by Iran, against continuing its attacks on shipping in the Red Sea, which have…
Southeastern Freight Lines opens new service center in Charlotte, NC
Southeastern Freight Lines, the leading provider of regional less-than-truckload (LTL) transportation services, today announced the opening of an expanded service center in Charlotte, North Carolina.
Walenczak named Kenworth General Manager and PACCAR Vice President
Jim Walenczak has been named general manager of Kenworth Truck Company and PACCAR vice president.
Air cargo enters 2024 with cautious optimism after December demand and rates boost
2024 may herald the start of a new economic growth cycle for the global air cargo industry after last year ended with a +9% year-on-year…
[Freightos Weekly Update] Ocean rates spike as Red Sea diversions continue
The international naval presence in the Red Sea has not deterred Houthi attacks, which continued into the new year.
US becomes top LNG exporter after overtaking Australia and Qatar
The US has become the world’s biggest exporter of liquefied natural gas for the first time, with 2023 shipments overtaking leading suppliers Australia and Qatar.
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