Saudi Arabia’s national shipping carrier, Bahri, has chartered multiple supertankers to ship oil to Asia as soaring geopolitical tensions and supply shifts drive freight rates to their highest level ...
Approximately 80% of all S&P 500 companies have reported fourth-quarter earnings as of last Friday, and of those, 75% have reported earnings per share (EPS) above estimates. That’s well above the ...
An ocean container capacity crunch has hit global trade just as peak shipping season starts, with freight spot rates up some 30% over the past few weeks and heading higher. Bad weather, longer ocean ...