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It only makes sense that shipping a high-value commodity would bring in more revenue, but the risks involved often scare away carriers and brokers from hauling these loads in places around the ...
With factories across Mexico getting back to full capacity in 2021, the cross-border freight market is already impacting truckload capacity, supply chains and trade strategy.FreightWaves recently ...
Randy James Ulch's job driving full truckloads between Ontario, Canada, and the eastern United States hasn't changed much this week. He's contending with less traffic on the roads and using more ...
The international shipping industry can be divided into four closely related shipping markets, each trading in a different commodity: the freight market, the sale and purchase market, the newbuilding market and the demolition market. These four markets are linked by cash flow and push the market traders in the direction they want.
The Freightos International Freight Index was first launched as a weekly freight index in early 2017. [7] The Freightos Baltic Index has been in wide use since 2018. [8] It is currently the only freight rate index that is issued daily, and is also the only IOSCO-compliant freight index that is currently regulated by the EU (in particular, the European Securities and Markets Authority).
The Baltic Exchange (incorporated as The Baltic Exchange Limited [1]) is a membership organisation for the maritime industry, and freight market information provider for the trading and settlement of physical and derivative contracts. Situated since Edwardian times at 24-28 St Mary Axe, London EC3, the building was destroyed by a bomb in 1992.
Uber Freight, the digital freight brokerage division of Uber Technologies Inc (NYSE: UBER), announced on October 29 that it has expanded its operations into Canada to move domestic and cross ...
International business involves cross-border transactions of goods and services between two or more countries. Transactions of economic resources include capital, skills, and people for the purpose of the international production of physical goods and services such as finance, banking, insurance, and construction.