Air Freight News
JLE Industries announces launch of Digital Dispatch within the company’s proprietary DriverOS™ technology
JLE Industries, one of the fastest-growing Flatbed freight solutions providers in North America, announced it has completed the integration of proprietary, digital dispatch and intelligent…
[FBX Weekly] Spot rates hit new highs on July GRIs even as carriers add capacity
Key insights: Just when everyone thought it wasn’t possible, ocean rates on major lanes hit new highs on July 1st GRIs, with Asia-US East Coast…
Saudi Aramco to sell more assets in multi-billion dollar push
The world’s largest oil company, Saudi Aramco, is planning to raise tens of billions of dollars by selling more stakes in its businesses.
US considers whether to take step toward tariffs on Vietnam
The U.S. is discussing whether to move toward imposing tariffs on Vietnam over currency actions that during the Trump era were labeled as unreasonable and…
Russia labeling law cuts off imports of Dom Perignon and Krug
Moet Hennessy halted shipments of Champagnes such as Dom Perignon to Russia amid new rules that now reserve the name for bubbly wines produced locally.
Tycoon Adani seeks $1 billion to refinance Mumbai Airport debt
Indian tycoon Gautam Adani is seeking a loan of about 75 billion rupees ($1 billion) to refinance existing debt of Mumbai’s international airport, according to…
Record semiconductor shipments fuel Taiwan’s export growth
Taiwan’s exports continued to grow in June as exporters kept their factories running even as restrictions aimed at containing an outbreak of Covid-19 weighed heavily…
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Western fires halt hundreds of Canada Rail cars, slowing exports
Hundreds of rail cars have been halted by wildfires that damaged tracks in western Canada during the region’s severe heat wave, creating a bottleneck of…
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US worker aid becomes a casualty as Biden trade authority ends
President Joe Biden’s pledge to refrain from pursuing new trade deals is leaving a key training and assistance program for workers, who the administration says…
Philippine peso slumps to one-year low as import demand surges
The Philippine peso dropped to its lowest level in more than a year amid rising volatility and a spike in imports and oil prices.