NACD applauds aversion of U.S. rail strike
Today, the National Association of Chemical Distributors (NACD) President and CEO Eric R. Byer issued the following statement thanking officials for averting the potential U.S.…
Another IATA first for Hactl
Hong Kong Air Cargo Terminals Limited (Hactl) – Hong Kong’s largest independent cargo handler – has become the first cargo terminal operator in Hong Kong…
EU revenue cap helps consumers, but may end up capping Europe’s renewable energy ambitions
The European Union’s emergency measures to tackle the region’s energy crisis may fall short of their intended goals, at least where renewable energy ambitions are…
CMA CGM to enhance its SAFRAN service connecting North Europe with East Coast South America
CMA CGM has announced that in order to improve the schedule reliability of its SAFRAN service connecting North Europe with East Coast South America, a…
Fitch Ratings: Slowing trade growth to affect ports
Global trade and ports volumes are likely to slow down to grow in line with world GDP, Fitch Ratings says in a new report. This…
August retail sales supported by job and wage gains amid continued inflation
Consumers’ willingness to spend overcame inflation again in August as more jobs and higher wages helped ease some of the pressure of continuing high prices,…
TIA applauds rail labor unions, rail carriers and Administration for averting strike
The following statement is attributed to Anne Reinke, president and CEO, Transportation Intermediaries Association (TIA)
Amazon launches Veeqo, free shipping software for sellers, including discounted shipping rates
Veeqo offers all sellers, regardless of order volume, free access to discounted rates with UPS, U.S. Postal Service, DHL, and FedEx
Oil falls as US says price trigger not needed to refill reserves
Oil fell after the US Department of Energy said its plan to restock emergency crude reserves doesn’t include a price trigger and that the deliveries…
July 2022 Freight Transportation Services Index (TSI)
The Freight Transportation Services Index (TSI), which is based on the amount of freight carried by the for-hire transportation industry, fell 0.6% in July from…
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