“U.S. merchants and marketplaces will need to look for new customers, and this may be a great opportunity to market to and acquire customers from beyond their borders in Q4 and into 2023,” said BoxC’s new director of business development, Mark Waverek.
Back in the Aristotle Onassis era, a Suez Canal closure was a tanker game changer. Today, tanker upside from the canal accident is limited.
U.S. cargo airlines had requested exemptions from the ban.
IATA also said it is critical for governments to communicate with airlines about potential risks.
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.
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 the Strait of Hormuz. A spokesman for the Iranian Foreign Ministry slammed the U.S. accusations as “baseless”. Maritime security experts say commercial ships are impossible to defend.
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 cost inflation, capacity and pricing.
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.
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 Uber. The transaction is expected to be completed by Q1 2020.
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.
