Market & Industry News
Curated commodity, energy, logistics, and macro headlines from public sources.
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NASA's Freeze-Resistant Moon Battery Could Eventually Reach EVs
The United States’ National Aeronautics and Space Administration (NASA) has developed a revolutionary new battery that could power the country’s return to the moon while potentially also revolutionizing the way that we p…
Read moreNew Drewry data shows import demand boosting trans-Pacific rates
Drewry’s World Container Index rose on higher rates on trans-Pacific and Asia-Europe routes. The post New Drewry data shows import demand boosting trans-Pacific rates appeared first on FreightWaves .
Read moreUSTR Proposes Extending China Ship Port Fee Suspension Through January 2027
The Trump administration is proposing to extend its suspension of port fees targeting China-linked vessels for another two months, pushing their potential return into January 2027 as Washington and Beijing...
Read moreRoadrunner announces Canada-outbound service
Less-than-truckload carrier Roadrunner announced a new outbound Canada-to-U.S. service on Friday, alongside a 5.9% general rate increase taking effect on Nov. 2. The post Roadrunner announces Canada-outbound service appe…
Read moreRecord Tanker Rates Threaten to Push U.S. Oil Exports to Asia to Seven-Year Low
US crude oil exports to Asia are set to hit multi-year lows after the Iran war disrupted global shipping and pushed the cost to lease a tanker for the Pacific journey to a record of almost $80 million.
Read moreWabtec earnings rise on higher freight and transit sales
Rail equipment supplier Wabtec raised its outlook on higher third-quarter revenue and earnings. The post Wabtec earnings rise on higher freight and transit sales appeared first on FreightWaves .
Read moreTrucking’s “Ruthless” vs. “Conservative:” Who’s Winning?
In a lukewarm freight market, not all carriers are feeling the same heat. Craig Fuller and Paul Tonsager dive deep into why Knight-Swift’s ‘ruthless’ approach might be outperforming JB Hunt’s ‘conservative’ strategy, and…
Read moreHow Much Do Rejected Loads REALLY Cost Shippers?
Discover how new Sonar indices are revolutionizing freight cost transparency. Shippers can now accurately track the real premiums paid for rejected loads and understand escalating contract rates. This essential data help…
Read more6 Million Barrels in Two Minutes Draws CFTC Scrutiny
Oil traders sold futures equivalent to at least 6 million barrels of crude in just two minutes on March 23, shortly before President Donald Trump backed away from threats to strike Iranian power plants. Now, the federal…
Read moreU.S. Rig Count Holds Steady as Oil Prices Surge
The total number of active drilling rigs for oil and gas in the United States remained unchanged for the second week in a row this week, according to new data that Baker Hughes published on Friday, with the total rig cou…
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