Nigerian crudes for March loading have sold well with less than 10 cargoes unsold from the March program, because of healthy demand from Europe and India, although the remaining grades were struggling to sell, sources said Wednesday. More ...
Tags: Mineral, Nigerian Crudes
FOB values for Black Sea and Mediterranean crudes have continued to rebound after hitting more than two-year lows early in the new year. On Monday, Aframax FOB Supsa Azeri Light cargoes were assessed at a $2.295/b premium to the BTC Brent ...
Tags: Freight Drops, Chemicals
The price spread between Asian paraxylene and isomer-grade mixed xylenes on an FOB Korea basis narrowed $2/mt from Tuesday to a more than three-year low of $154.50/mt Wednesday, with MX staying relatively supported while PX and downstream ...
TORONTO, Ont. -- Canadian freight rates climbed 0.75% in November, according to the latest Canadian General Freight Index, compiled by Nulogx. The base rate increased 0.24% in November when compared to October. Fuel surcharges accounted ...
Tags: Domestic LT, Cross Border LTL, Truckload, freight
Freight rates for shipping coal from northern China's Qinhuangdao port to the other Chinese ports of Zhangjiagang, Shanghai and Guangzhou continued to drop in the week to Tuesday, the fifth week in a row, Qinhuangdao Port said Wednesday. ...
By Steve Doherty Director of National Accounts Accruit LLC and Jeff Nelson Managing Tax Director PricewaterhouseCoopers LLP With bonus depreciation having expired at the end of 2013, many trucking companies are staring down the ...
Tags: bonus depreciation, tax, trucking company
Closing Grain and Livestock Futures Prices Mar. corn closed at $4.23 and 1/2, up 3 cents Jan. soybeans closed at $12.89 and 1/4, up 2 and 1/4 cents Jan. soybean meal closed at $424.50, up 70 cents Jan. soybean oil closed at 38.34, ...
Tags: soybeans, crop development conditions, wheat, corn, crop price
Not many thermal coal buyers are looking to conclude deals for imported material this week with Chinese Lunar New Year holidays approaching, sources said Monday. "The delivery window before the Lunar New Year is closed," a source at a ...
Tags: Thermal Coal, Imported Material
Demand for Class 8 trucks in North America will increase modestly, from 241,000 units in 2013 to 261,000 units next year, according to the latest projections from industry forecaster FTR Intel. During a Truck and Trailer Outlook Webinar ...
Tags: truck, trailer, transportation
Chinese demand for lower-to-medium grade Indonesian thermal coal was stable, with a few deals being reported on Monday as buyers look to take deliveries of the cargoes before the Lunar New Year holidays, sources said. Two Handymax cargoes ...
Tags: Thermal Coal, Chinese Buyers
United Parcel Services Inc. (UPS) is the latest shipping company to raise its freight services by an average of 4.9 percent, effective Dec. 30. The higher rates, which will cover ground, air and international services, come amidst UPS and ...
Tags: Transportation, Auto Parts
Capesize iron ore freight rates on established Pacific routes from Brazil, Western Australia and South Africa came under pressure Thursday. Charterers' rates and some offer prices fell from the previous day, which market participants ...
Tags: Iron Ore, freight rates
The price spread between Asian paraxylene and isomer-grade mixed xylenes narrowed $19/mt Monday from Friday's level, to $173/mt, a one year-low, as MX was strengthening amid a bearish PX market, Platts data showed. Isomer-MX on an FOB ...
Tags: Metallurgy, Mineral
USFloors has opened a Mainland China office in Shanghai to provide local management and oversight of sourcing, quality, and logistics. The operation will be fully staffed and headed up by Julian Dossche, USFloors' senior manager of global ...
Tags: floor, Construction, Decoration
Freight rates to ship coal from northern China's Qinhuangdao port to the other Chinese ports of Zhangjiagang, Shanghai and Guangzhou rose in the week ended October 29 for the fourth week in a row, Qinhuangdao Port said Wednesday. The ...
Tags: Metallurgy, Mineral, Energy, Coal