Diesel supply strains deepen while trucking demand recovers in US
The US trucking industry appears poised for a rebound and that’s a bad omen for a diesel market already contending with some of the lowest…
EU escalates China tensions with probe to ward off cheap EVs
The European Union is launching an investigation into Chinese subsidies for electric vehicles in a bid to ward off a flood of cheap imports, an…
Rice falls further as Malaysia seeks to cut reliance on imports
Rice prices extended losses as buyers continued to juggle the fallout from India’s export restrictions, with Malaysia seeking to reduce its reliance on overall imports…
Maersk’s journey to reach net zero emissions by 2040 begins
On September 14th, the world's first container ship powered by green methanol belonging to the Maersk shipping company will arrive in Copenhagen, Denmark.
Qatar Airways Cargo partners with DSV to launch new route from Huntsville
Qatar Airways Cargo, the world’s leading air cargo carrier has launched biweekly freighter flights from Huntsville, USA to Doha, Qatar in conjunction with DSV as…
United CEO says higher compensation for delays would make flying less safe
United Airlines Holding Inc.’s top executive said that a US plan under consideration to better reimburse stranded air passengers for delays and cancellations would threaten…
US disputes Iranian president’s claim of access to $6 billion in oil funds
The Biden administration rejected a claim by Iranian President Ebrahim Raisi that there will be no restrictions on $6 billion in oil sales proceeds that…
Qantas illegally sacked 1,700 staff in further hit to reputation
Qantas Airways Ltd. illegally sacked almost 1,700 ground workers during the pandemic, Australia’s top court ruled, delivering a further blow to the reputation of the…
Flexport’s Petersen returns seeking profits in trade slump
Flexport Inc. founder Ryan Petersen said ex-Chief Executive Officer Dave Clark’s ouster means the once high-flying freight technology company will focus on revenue growth and…
WTO in survival mode pushes back on splintering global trade
Fragmentation of the global economy into separate blocs would be “extremely costly” and make the world a less stable place, the World Trade Organization said…
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