Middle East
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Air Cargo
FAA loosens restrictions on flights over Persian Gulf
U.S. cargo airlines had requested exemptions from the ban.
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Air Cargo
Airline trade group monitoring Middle East tensions
IATA also said it is critical for governments to communicate with airlines about potential risks.
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Energy
Fallout from the Saudi attack: American drillers are more than capable of covering the shortfall
As the world's top producer of oil, the United States is more than capable of withstanding the global effects of the Saudi Arabian refinery attack.
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Asia-Pacific
Iran denies it was responsible for tanker attacks; slams U.S. accusation as “baseless”
Iran has denied responsibility for the attacks carried out early yesterday morning on two tankers in the Gulf of Oman, the sea immediately adjacent to…
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Air Cargo
Global freight overview – Airfreight
In part two, the company’s global airfreight market report is featured and provides a demand outlook for global airfreight by region along with insight on…
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News
Global freight overview – road freight
On a call with freight procurement intelligence company, Beroe, Inc., the firm discusses its outlook for global road freight growth of 4 to 5 percent.
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News
Uber buys Middle East rival Careem for $3.1 billion
Uber has confirmed speculations of its acquisition of Middle East on-demand cab hailing company Careem, with the company now becoming a wholly owned subsidiary of…
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News
Uber may buy Middle East cab hailing rival Careem for $3.1 billion
Uber is in talks with Middle Eastern on-demand cab hailing rival Careem for an acquisition deal that is expected to be made public this week.
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Economics
Saudi Arabia seeks investment to become logistics hub
Saudi energy minister Khalid al-Falih announced on January 26 that the country is raising $426 billion in private sector investments, which will include roughly $36…
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Economics
Will Iran become the next Venezuela?
Iran’s truckers are on strike in 100 cities for the second time this year, causing fuel shortages. Meanwhile, the Iranian rial is rapidly losing its…
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