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Freight discounts prompt India's HPCL to buy oil on delivered basis
Freight discounts prompt India's HPCL to buy oil on delivered basis
A freight train smashed into a stalled 18-wheeler on the tracks in Decatur, Georgia. The truck driver ran to safety after the vehicle began smoking, and no injuries were reported.
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A freight assessor at the Baltic Exchange told a broker that “a certain amount of cajoling and bullying” was necessary to get companies to provide tanker rates after the Iran war broke out.
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VLCC freight rates have spiked to $760,000 a day, from under $50,000 a year ago.
Soaring freight rates threaten Asia's appetite for US crude
Soaring freight rates threaten Asia's appetite for US crude
Supertanker freight costs are surging to records, pushing crude transport costs above $22 a barrel from about $2 a year ago. @markets @soberlook
FEDEX FREIGHT SAYS ITS EXECUTIVE TEAM WILL ASSUME LYONS'S RESPONSIBILITIES DURING THE SEARCH FOR A REPLACEMENT.
FEDEX FREIGHT HOLDING COMPANY SAYS IT TERMINATED MICHAEL B. LYONS AS EXECUTIVE VICE PRESIDENT ON SEPT. 2, 2026, AFTER DETERMINING FOLLOWING AN INTERNAL INVESTIGATION THAT HE VIOLATED THE CODE OF CONDUCT, THOUGH HIS CONDUCT DID NOT IMPACT FEDEX FREIGHT'S FINANCIAL REPORTING OR PERFORMANCE - SEC FILING
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