Maersk will invest US$100 million in a new fulfillment hub in Hopedale, Massachusetts, expanding its contract logistics network in North America and creating approximately 1,000 jobs. The…
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Modest parcel revenue growth cannot mask the financial pressure facing global postal operators amid rising costs, declining letter volumes and competition from private couriers, according to a new…
Matson has released preliminary financial results for the second quarter of 2026, forecasting strong earnings driven by robust demand and higher freight rates on its China services. The company…
The price for a barrel of Brent crude dips 0.7% to $84.34 and is near a one-month high.
A former master in the U.S. merchant marine pleaded guilty in U.S. federal court in New York on Wednesday, July 15, seven years after he assaulted two...
The “3-2-1 crack spread” rose as high as $70 a barrel on July 16, the highest level on record.
Ukrainian naval drones hit two large Russia-linked oil tankers in the Black Sea as Moscow and Kyiv expand the scope of their mutual maritime strikes.
The Morning Manifest
One briefing, every morning at 07:00 Riyadh time — the cargo and freight stories that matter across the Kingdom and the region.
