Transportation ABS strong amid supply chain, labor issues
Trucking fleets are experiencing heightened demand pressure from ongoing global supply chain issues, US inland transportation backlogs and labor issues. However, trucking fleet operators’ financial…
Global container logistics players wary of the industry’s future in 2022; rethink their logistic strategies
~ Finding slots on vessel and surcharges by carriers emerge as top challenges ~ Industry moves to one-way leasing as an alternative to getting equipment…
2021 retail imports to show record growth despite pandemic
Imports at the nation’s major retail container ports are expected to end 2021 with both the largest volume and fastest growth on record despite supply…
[FBX Weekly] Air rates continue to climb as congestion at airports gets worse
Key insights: 1 Ocean rates stayed level but still extremely elevated globally as port congestion remains a problem. Increases are likely as we get closer…
Nordic Aviation prepares bankruptcy to give creditors control
Nordic Aviation Capital AS is planning to file for Chapter 11 bankruptcy this month to carry out its restructuring plan, according to people with knowledge…
Egypt oil pipeline sees flows surge as Poland becomes biggest buyer
Crude flows out of Egypt’s Sumed pipeline have surged to the highest levels since oil producers made their biggest-ever output cuts in May 2020, with…
How to tune your port IT for maximum productivity
Running a port is like conducting an orchestra. When everything runs in harmony, it’s like a symphony on the deck. And the conductor behind this…
US Chip Act should include foreign firms, trade group says
A major trade group urged Washington to make a $52 billion grant for the semiconductor industry available to foreign companies as well as domestic ones.
Southwest Air sees profit this quarter, dividend in 2023
Southwest Airlines Co. said it expects to be profitable this quarter and for all of next year, on its way toward generating as much as…
Venezuela is resurrecting its oil fields with backpacks of cash
State-owned producer PDVSA is resorting to desperate tactics to increase production from historic lows
Get the most up-to-date trending news!
SubscribeIndustry updates and weekly newsletter direct to your inbox!
Follow us on social media:
