Freight Management
Freight Management

Freight Management

13
Apr

Chart of The Day (NATGAS)

US natural gas prices took a hit yesterday as analysts mounted their calls that the end of the heating season in the United States is near. While recent weather forecasts pointed to a period of below-average temperatures, average temperatures in this period of the year are usually high enough for demand for heating to drop […]

Share This Post
13
Apr

NATGAS Drops 6% as Heating Season Nears End

Analysts expect the heating season in the United States to end soon, even as temperatures forecasted for the near-term do not deviate much from averages for the current period of the year. On the other hand, average temperatures in this period are usually high enough for demand for heating to drop significantly, and therefore for […]

Share This Post
13
Apr

Oil falls as investors worry over recession fears

SINGAPORE (Reuters) -Oil prices retreated on Thursday after rising for two sessions, with investors still showing lingering concern over a possible U.S. recession and weaker oil demand. Brent crude fell 20 cents, or 0.2%, to $87.13 a barrel by 0352 GMT, while U.S. West Texas Intermediate slid 15 cents, or 0.2%, to $83.11. Both benchmarks rose […]

Share This Post
12
Apr

Ukraine farmers say protests in EU over Ukrainian grain are political

KYIV (Reuters) – Protests by European farmers are political and shipments of Ukrainian grain are not reducing the profitability of their business, Ukrainian food producers’ union UAC said on Wednesday. Logistical bottlenecks have kept large quantities of Ukrainian grains, which are cheaper than those produced in the European Union, in Central European states, reducing prices […]

Share This Post
12
Apr

China records world’s first human death from H3N8 bird flu -WHO

BEIJING (Reuters) – A Chinese woman has become the first person to die from a type of bird flu that is rare in humans, the World Health Organisation (WHO) said, but the strain does not appear to spread between people. The 56-year-old woman from the southern province of Guangdong was the third person known to […]

Share This Post
12
Apr

Oil Moves Higher as market awaits key US inflation data

Oil prices edged up on Wednesday as the market waited for U.S. inflation data later in the day that will likely influence the Federal Reserve’s policy on future interest rate hikes. Brent crude gained 19 cents, or 0.2%, to $85.80 a barrel as of 0615 GMT, while U.S. West Texas Intermediate rose 13 cents, or 0.2%, […]

Share This Post
11
Apr

Russian Fuel Supplies to Iran by Rail

MOSCOW (Reuters) – Russia started fuel exports to Iran by rail this year for the first time after traditional buyers shunned trade with Moscow, according to three industry sources and exports data. Russia and Iran, both under Western sanctions, are forging closer ties in order to support their economies and to undermine Western sanctions which […]

Share This Post
11
Apr

11 Year High For Sugar

Beginning of a new week is very positive for sugar bulls. SUGAR is trading 2% higher today and managed to break above the $24.06 per pound level, marking a 2016 high. As a result, price found itself briefly trading at the highest level since April 2012 – a 11-year high. A strong upward impulse launched […]

Share This Post
06
Apr

Pension protests to bring ‘maximum’ workers in France after government, union talks fail

France faced a new round of nationwide protests and strikes on Thursday after a meeting between the prime minister and labour unions failed to break a political stalemate over a deeply unpopular pension bill making people work for longer. Protests against the reform – which lifts the retirement age by two years to 64 – […]

Share This Post