MSC returns to vehicle carrier market after $698 million Gram Car Carriers takeover
The deal marks MSC’s return to the booming car carrier market that it exited in March 2023 when it sold…
ONE becomes latest carrier to add capacity to Asia-Mexico lane
The liner follows MSC, Cosco and CMA CGM in rolling out new services that cater to the growing container trade…
Maersk’s new Boeing freighter flies into China-Europe service
The carrier wants a third of its air cargo volume to be handled within an owned and controlled network as…
Slync founder Kirchner gets 20-year prison sentence for misuse of funds
The former CEO of the now bankrupt logistics software vendor has landed in federal prison after a high-profile saga that…
Indian state refiners in talks for long-term oil import deal with Russia, government source says
India’s state refiners are jointly negotiating a long-term oil import deal with Russia, a government source aware of the development…
India’s palm oil imports at 6-month peak, sunflower oil hits record high
India’s palm oil imports in June rose to reach the highest level in six months on robust demand from refiners…
South Korea’s MFG tenders for 140,000 T corn, traders say
South Korea’s Major Feedmill Group (MFG) has issued an international tender to purchase up to 140,000 metric tons of animal…
FranceAgriMer sees wheat 2024/25 exports and stocks down on poor crop
France, the European Union’s biggest grain producer, is expected to see its exports and stocks of soft wheat decline sharply…
Soft US inflation boosts confidence in a return to target
Subdued inflation throughout The June consumer price inflation report is surprisingly soft and should go some way to boosting the…
Global Structured Finance Asset Performance Will Weaken Slightly in 2H24
Fitch Ratings-New York/London-08 July 2024: Fitch Ratings is forecasting modestly weaker global structured finance (SF) asset performance in 2H24 due…