Court clears path for tariff refunds despite Trump administration’s bid for delay
A federal appeals court on March 2 denied a request from the US Department of Justice to delay the start…
Turkey Trade Deficit Widens in February
Turkey’s trade deficit widened to USD 9.2 billion in February 2026 from USD 7.80 billion in the same month last…
Will the U.K. energy shock complicate the BoE’s rate-cut plans?
A surge in energy prices is expected to push UK inflation higher while weakening economic growth, creating a challenging situation…
Reeves downgrades U.K. growth forecast for 2026
British finance minister Rachel Reeves detailed a downgrade to the country’s growth forecasts in a budget update speech earlier Tuesday,…
India likely to maintain Russian oil purchases
India’s crude and condensate imports reached a record 5.3mbd in February. This was driven by increased arrivals of non-Russia origin…
Air freight backlog set to gridlock Asia airports amid Middle East conflict: K+N CEO
Stefan Paul said almost 20% of global air freight capacity from the belly hold of passenger aircraft and via freighter…
TPM26: Global trade ‘still strong’ despite uncertainties: Hellmann CEO
Amid trade tensions and other geopolitical challenges, ocean freight volumes should remain elevated, according to Jens Drewes.
TPM26: Flexport CEO sees AI’s impact on logistics accelerating
Ryan Petersen said his company went into “code red” last year in transitioning to AI, with the technology’s first benefits…
TPM26: Buffer capacity being taken out of Gemini network: Hapag-Lloyd CEO
With on-time performance close to the 90% target, Hapag-Lloyd has begun to remove the additional capacity initially built into the…
US–Iran war: Implications for the crude tanker market
The ongoing US–Iran conflict has severely disrupted maritime traffic through the Strait of Hormuz—a narrow but strategically vital waterway between…