FedEx Corp said today that it would formally launch its $4.8 billion offer for Dutch rival TNT Express next week and that it is optimistic the deal will get the necessary regulatory approval.
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Spot rates on transpacific surge after news of tariff time-out
'Cargo collision' expected as transpacific capacity tightens and rates rise
European port congestion now at five-to-six days, and getting worse
Houthis declare blockade of port of Haifa – 'vessels calling will be targets'
Another CMA CGM vessel heading for Suez Canal – 'to mitigate schedule delay'
News in Brief Podcast | Week 20 | 90-day countdown, India and Pakistan
Threat to airport operations as India revokes security clearance for handler Çelebi
South America will benefit as air cargo traffic diverts from the transpacific
CMA CGM will carry on investing after 'solid' Q1, despite unclear outlook
Air cargo forwarders stick to spot rates – a long-term contract would be 'foolish'
Demand for transpac airfreight capacity returning – but 'it's not ecommerce-driven'
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