Title: A Call for Reform in the Freight Industry: Addressing the Root Causes
The failures of the motor carrier act of 1980 and the rise of the freight trader that is destroying the supply chain.
Australia’s Albanese begins China trip with trade in focus
Australian Prime Minister Anthony Albanese began the first leg of his historic visit to China, a four-day tour that heralds an improvement in ties between…
Russia to stick with voluntary oil export cuts until year-end
Russia will stick to its voluntary oil exports cuts through 2023 in a move to balance the oil market, according to Deputy Prime Minister Alexander…
India Minister says Canada stopped talks on free trade agreement
The talks between India and Canada for a free trade agreement are on a pause as the latter stopped discussions due to some misconceptions, India’s…
China’s Li vows to boost imports, expand market access
China’s premier pledged that his nation would expand access to markets and also boost imports, which have fallen this year.
Two fuels that power the global economy flash red in Europe
If the oil market offers clues about the state of the economy, it’s through the prism of two petroleum products: diesel and naphtha. And in…
Air France-KLM, Castlelake raise SAS refinancing to $1.2 billion
Air France-KLM and private equity firm Castlelake LP have increased their planned investment in the bankrupt Scandinavian flag-carrier SAS AB by $25 million to $1.2…
Port secures major federal transportation grant
$52.6 million award will fund critical portion of Pier B On-Dock Rail Support Facility
October 2023 U.S. Transportation Sector Unemployment
October 2023 U.S. Transportation Sector Unemployment (4.8%) rises above the October 2022 level (3.7%) and the pre-pandemic October 2019 level (2.7%)...
Total volume holds steady in September at the Port of NY and NJ
In September, the Port of New York and New Jersey recorded 660,553 TEUs (363,853 containers), a 21.6 percent decline in total volume compared to the…
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