Air Freight News
Ritchie Bros. hits US$52+ million with latest regional auction success in US Midwest
Ritchie Bros.' regional auction success continued this week with a US$52+ million U.S. Midwest event on March 30 – 31, 2021. More than 5,000 equipment…
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CMA CGM situation in Suez Canal update
The CMA CGM Group announced that Suez Canal transit has improved and continue doing their utmost to minimize the impact on vessel schedules. Equipment release…
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US residential heating oil prices averaged 16% lower than last winter but ended higher
According to the U.S. Energy Information Administration’s (EIA) State Heating Oil and Propane Program (HOPU), the price of residential heating oil averaged $2.86/gal in the…
MSC BRC - Bunker Recovery Charge update scope: WCSA to USA
Effective May 1st, 2021, the MSC Bunker Recovery Surcharge (BRC) will be applicable as follows:
CMA CGM PSS 2 - Cargo from the Mediterranean to the USA, Canada and Mexico
CMA CGM Group has announced the following Peak Season Surcharge (PSS 2):
Looking to scale your business? Hire a Co-packer
If you’ve recently started a new business or have launched your own E-Commerce store, you might have noticed there’s no end to the grind.
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Farmers across US stay cautious after years of getting burned
Corn is in the midst of its best rally in a decade, and soybeans have also surged. But the gains weren’t enough to prompt the…
Pakistan’s trade flip-flop evokes conflict between the Koreas
Pakistan’s decision to reimpose trade curbs on India less than a day after lifting a ban on them is evocative of what’s been playing out…
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Biden’s biggest-ever investment plan for US still trails China
What President Joe Biden touted as a historic U.S. federal investment program that will position the country to win the global innovation race still leaves…
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US trade chief raises concerns on Vietnam currency policy
U.S. Trade Representative Katherine Tai raised concerns about Vietnam’s currency practices during a virtual meeting on Thursday with the country’s trade minister.