Trinity Logistics rolls out load verification tool to combat rising fraud activity
Trinity Logistics has introduced a new load verification tool aimed at helping carriers safeguard themselves from rising scam and fake load activity across the freight…
Glencore says long-term strategy may involve sale of Bunge stake
Miner and trader Glencore said on Wednesday that its long-term strategy could involve the sale of its 16.4% stake in enlarged global agribusiness Bunge Global…
Siemens Energy plans cost cuts, offshore ramp-up to break even wind unit
Siemens Energy is banking on further cost cuts and an ongoing ramp-up of offshore wind activities to meet its goal of breaking even at its…
Freight fraud spikes: Highway blocks 495K+ phishing emails in Q2 2025
Compromised inboxes, sold MC scams, and spoofed phone numbers drive a mid-year surge in sophisticated, multi-channel freight fraud
Why did copper escape US tariffs when aluminium did not?
A U.S. decision last week to exempt refined copper metal from import duties is in contrast to an earlier move to levy steep duties on…
US trade deficit hits nearly 2-year low in June; China gap plunges
The U.S. trade deficit narrowed in June on a sharp drop in consumer goods imports, and the trade gap with China shrank to its lowest…
Swiss president heads to US for talks to defuse tariff threat
Swiss President Karin Keller-Sutter and Business Minister Guy Parmelin flew to Washington on Tuesday, the government said, in a last-ditch effort to avoid the 39%…
Expeditors posts upbeat results on higher freight volumes, customs fees
Global freight forwarder Expeditors International of Washington reported second-quarter profit and revenue above Wall Street estimates on Tuesday, helped by higher airfreight and ocean container…
AIR ONE extends cargo portfolio with launch of scheduled 747 freighter services connecting the UK, Europe, the Middle East & Asia
AIR ONE is extending its global all-cargo services portfolio with the launch of scheduled Boeing 747-400 freighter operations connecting prime freight markets in the UK,…
Nigeria seizes 1,600 birds at Lagos airport bound for Kuwait
Customs officials at Nigeria's Lagos international airport said they had seized more than 1,600 parrots and canaries that were being transported to Kuwait without a…
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