Management from logistics warehouse operator Prologis Inc. observed some reduction in demand for logistics space on a Monday call with analysts, but with the proviso that the change represented only a minor step lower from recent all-time highs. "On a 1-to-10 scale, let us call the top in terms of...
Crude oil and diesel exports from the United States are increasing much more.
At-the-pump gasoline and diesel prices are down from all-time highs, but they remain extremely high. Meanwhile, as local energy resources are sold to the highest bidder, more US-produced petroleum is being loaded into tankers going for Europe, and more US-refined diesel is being loaded onto ships bound for Latin America....
Boeing and Airbus enhance their 20-year forecast for air freight based on rapid growth.
Continued rise in demand for air cargo transportation will result in an 80 percent larger global freighter fleet in 2041, according to Boeing, in a market outlook marginally more bullish on air cargo than a year ago and compared to rival Airbus' new prediction. The more optimistic analysis explains why...