Fed’s Kashkari says ‘reasonable’ to predict December rate cut
Minneapolis Federal Reserve President Neel Kashkari said it’s a “reasonable prediction” that the U.S. central bank will cut interest rates…
BOJ to forgo July rate hike, taper $152 bln per year, says ex-policymaker
The Bank of Japan is likely to trim bond buying by around 24 trillion yen ($152 billion) annuallyin new guidance…
EU leaders to discuss top jobs with line-up seemingly set
European Union leaders will debate policy goals for the next five years from defence to the economy, and who to…
Red Sea diversions and slower ports cause bigger-than-expected issues – will they last?
Since early May, shippers, forwarders/NVOs, ocean carriers and ports have experienced a return to capacity challenges, soaring spot freight rates,…
FBX Index June 2024: Looking forward
In May, the FBX index exhibited a consistent upward trend. The index commenced at $2,409 and concluded at $3,508 by…
Savannah’s intermodal share moves higher as carriers ‘embrace’ rail
The market share of loads entering or exiting the port’s Garden City Terminal on train has increased from a year…
Indian shippers brace for wave of carrier charges as capacity suffers
Forwarder sources believe that the upcoming weeks could prove challenging for bookings to the US East Coast, given that ONE’s…