Indonesia’s exports beat estimates to hit new high on coal surge
Indonesia’s exports bill surged to a fresh all-time high in August, driven by robust demand for the nation’s coal, minerals and other agricultural commodities.
European gas swings as traders weigh efficacy of EU intervention
European natural gas gave up earlier gains, with traders weighing if government steps to contain the energy crisis would be enough to stave off rationing…
Gazprom daily output keeps growing amid falling exports to EU
Gazprom PJSC’s daily natural gas output rose in the first half of September, on track for a second monthly gain, as exports to key European…
Omni Logistics opens new Pacific gateway logistics center near Los Angeles
Omni Logistics' new footprint supports growing customer needs for warehouse space, cross-docking capabilities and local pick-up and delivery services
Oil fluctuates on demand concerns, US reserve restocking plan
Oil fluctuated as traders grappled with the outlook for Chinese demand and assessed comments from the US on refilling strategic reserves.
US railroads, unions reach tentative deal on eve of deadline
US railroads and unions reached a tentative deal early Thursday, a breakthrough that looks to avert a labor disruption that risked adding supply-chain strains to…
CSX hires former Ford executive Hinrichs as next CEO
CSX Corp. named Joseph Hinrichs as its next chief executive officer, handing the reins of the railroad giant to a car guy.
At IANA meeting Jensen says ocean freight rates will continue downwards but stay above 2019 levels
Speaking at the Intermodal Association of North America’s (IANA) Intermodal Expo on September 13th at Long Beach, California, Lars Jensen, CEO and partner, Vespucci Maritime…
United Air, Emirates end years of rancor with unlikely pact
United Airlines Holdings Inc. and Dubai-based Emirates have agreed to an alliance enabling them to sell tickets on each other’s flights, a reversal of years…
China mulling U-turn for more fuel exports to revive growth
China is considering allowing its oil refiners to export more fuel in an attempt to help revive its economy, which would be a reversal from…
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