FedEx results to test torrid run in transportation stocks
A nascent rally in transportation stocks will face a crucial test on Tuesday when parcel carrier FedEx Corp. reports quarterly results that will shed light…
Mexico’s fuel imports rise, impeding AMLO’s energy independence goal
Mexico’s state oil company imported 11% more gasoline in May than the previous month, a sign it’s struggling to live up to President Andres Manuel…
Hedging China EV makers gets pricey with tariffs looming
Traders are preparing for more swings ahead for shares of Chinese electric-car makers as governments around the world plan new tariffs.
Lufthansa to charge up to €72 a flight to cover clean fuel costs
Deutsche Lufthansa AG, Europe’s biggest airline group, will introduce a surcharge of up to €72 ($77) per flight next year to cover the rising costs…
Optimal Dynamics adds CRST to growing roster of enterprise fleets embracing company’s artificial decision intelligence software
CRST and Optimal Dynamics partner to transform organizational workflows by empowering dispatchers, drivers, and owner-operators to make optimal decisions
US probing cloud arms of China’s big three telcos, Reuters says
Washington is investigating whether China’s largest state-controlled telecom carriers are providing American data to Beijing through their US cloud services, Reuters reported, citing three sources…
Swiss WorldCargo now offers customers high-quality carbon removal in collaboration with Climeworks
Swiss WorldCargo is the first air cargo carrier with an offer incorporating pioneering, high-quality technological solutions to decarbonize aviation.
ARC’s first vessel returns to Port of Baltimore
American Roll-On Roll-Off Carrier (ARC) resumed regular calls on the Port of Baltimore, starting with the loading of the M/V ARC Integrity on June 16…
WorldACD Weekly Air Cargo Trends (week 24)
Rates stay firm driven by Asia and Middle East...
Airbus cuts guidance as supply-chain snags continue to bite
Airbus SE cut its earnings and aircraft-delivery goals for the year as persistent supply-chain issues continue to deprive the European planemaker of vital components, dealing…
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