Air Freight News
European road freight rates soften after hitting another all-time high in Q3
European road freight rate benchmark Q3 2022 - published today
Yellow Corporation recognized as Top Company for Women to Work for in Transportation
Less-than-truckload carrier receives honor for the fifth straight year from the Women In Trucking Association.
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Grip launches the first data-backed, dynamic shipping platform for perishable eCommerce
Former head of logistics at ButcherBox, Juan C. Meisel, announces a $2 million pre-seed round backed by Soma Capital, Western Technology Investment and top industry…
Nikola says electric-truck deliveries to fall short of plans
Nikola Corp. said deliveries of its battery-electric trucks will fall short of expectations due to worsening economic conditions, dragging down shares even as quarterly sales…
Pakistan trade gap at lowest in two years but not for long
Pakistan’s trade deficit has dropped to its lowest point in almost two years, though analysts expect that the gap will soon widen.
Nikola posts earnings beat, skips electric-truck forecast
Nikola Corp. posted quarterly sales above expectations as production of its battery-electric trucks ramped up, but didn’t provide updated guidance on its previous goal of…
China set for oil influx just as Covid measures hit demand
China looks set to receive an influx of seaborne crude oil in the coming weeks as cargoes bought before its latest Covid shutdowns head for…
Rising energy, farm exports drive Canada’s trade surplus wider
Canada’s merchandise trade surplus unexpectedly widened in September as exports of wheat and crude oil rebounded.
Oil options traders build a huge position on higher prices
In the oil options market, bets on higher prices are eclipsing bearish ones at a record pace, as traders brace for sanctions on Russian shipments.
Australia’s trade surplus swells on surging ore, energy exports
Australia’s trade surplus swelled in September on a jump in exports, driven by higher prices for iron ore, metals and energy.