Air Freight News
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MSC GRI: General Rate Increase: ECSA to USA
MSC is applying a General Rate Increase (GRI), effective September 15th, 2023, for the following trade...
Train drivers to strike for an extra day across Britain
The UK will face another day of disruption on its regional and long-distance rail network as train drivers strike in an ongoing dispute over pay.
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“August Wave:” Getting ready for the “Big One”
The Port of Hueneme operations team hosts a training event with 20 partner agencies as part of a Countywide effort to prepare for...
S&P Global: Resilient demand and higher toll rates underpin credit strength of U.S. toll operators
"We believe U.S. toll operators will maintain strong coverage, healthy financial margins, increasing liquidity, and overall credit quality despite potential headwinds," said S&P Global Ratings…
United States establishes USMCA dispute panel on Mexico’s agricultural biotechnology measures
“The United States has used the tools provided by the USMCA in attempting to resolve concerns with Mexico’s biotechnology measures...
LNG Tanker Rally begins early on winter demand, strike threat
Renting a liquefied natural gas tanker is getting more expensive sooner than usual this year amid expected winter demand and potential supply disruptions in Australia.
US sets tin-mill steel duties targeting China
The US set preliminary tariffs of more than 100% on tin-plated steel products from China, along with smaller duties on imports from Canada and Germany,…
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Bankrupt Yellow gets $1.3 billion bid from rival Estes
Trucking firm Estes Express Lines has struck a $1.3 billion deal to acquire all of Yellow Corp.’s terminals out of bankruptcy, an offer that’s subject…
Redkik and Uber Freight Collaboration
Today marks a significant milestone in supply chain management as Redkik, a leading global software company, unveils a dynamic collaboration with Uber Freight...
The U.S. speculative-grade corporate default rate could rise to 4.5% by June 2024
We predict persistently higher rates will dent corporates' cash flow, particularly among weaker issuers...