J.B. Hunt expands transloading footprint with the addition of Seattle and Laredo, TX operations
Service now covers 4 of the largest US ocean ports, largest land port of entry
China restricts exports of corn starch, signaling supply worries
China has curbed exports of corn starch in a signal that the world’s biggest corn importer is likely worried about local supplies.
American Airlines says the quiet part out loud at antitrust trial
American Airlines Group Inc.’s top commercial officer didn’t hold back at an antitrust trial focused on the carrier’s alliance with JetBlue Airways Corp.: Less competition…
Tesla slumps as deliveries disappoint due to shipping snarls
Tesla Inc.’s shares dropped after the carmaker blamed a disappointing deliveries report on shipment issues that increased the number of vehicles that were on their…
Europe turns its back on Russian crude as sanctions draw closer
Shipments to Europe are down 60%; Asia’s appetite also waning
Iran says talks to release oil revenue are making progress
Iran has made “considerable progress” in recent weeks to secure the release of billions of dollars of funds trapped by sanctions in foreign accounts, the…
India cuts windfall taxes on diesel, aviation fuel and local oil
India slashed windfall taxes on locally produced crude oil, and for exported diesel and aviation turbine fuel, in line with the decline in international prices.
Demand for aluminum slows in another sign of troubled economy
Storm clouds are forming in the North American aluminum market as makers of everything from automobiles to beverage cans to kitchen appliances are holding off…
South Korea posts longest run of trade deficits since 1997
South Korea recorded its longest string of trade deficits since the Asian financial crisis in 1997 as elevated energy and commodity prices resulted in imports…
United Air to exit JFK Airport after dispute over expansion
United Airlines Holdings Inc. plans to suspend service at New York’s John F. Kennedy International Airport, following through on a threat earlier this month to…
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