Japan’s consumer spending extends declines, clouding outlook for BOJ rate hikes
Japan’s consumer spending fell for the 13th straight month in March, creating challenges for policymakers who are seeking to drive…
Half of German housing construction firms short on orders, Ifo shows
More than one in two companies in Germany’s residential construction sector reported a lack of orders in April, according to…
Forward Air claims ‘no customer attrition’ following Omni merger
The expedited surface transportation provider said it has kept customers and is adding business but needs to “aggressively” address profitability…
Ro/ro carriers report mixed results on ‘sold out’ capacity
Roll-on/roll-off carriers Wallenius Wilhelmsen and Höegh Autoliners anticipate high auto volumes and tight capacity ahead amid Red Sea-driven diversions.
Dirty Oil Flows to China
The flow of tonnes of dirty oil to China from global sources has seen a notable downturn, particularly impacting the…
FBX Index May 2024: Crisis continues to underpin supply/demand balance
The quarterly results from the major carriers are beginning to be reported, with ONE and Maersk having issued theirs at…
First Quarter Australian LNG Exports Rose Along With the Rest of the Market
Global seaborne LNG trade kept its upwards momentum during the first quarter of 2024, with Australia retaining its no2 spot,…