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Top News In Frgtlo Today - Breaking & Trending Today

Nigeria's petrol use down 28% after subsidy scrapped, regulator says

Nigeria's average daily petrol consumption has fallen by 28% since President Bola Tinubu scrapped a popular but costly subsidy on the fuel at the end of May, data from the industry regulator shows. ....

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Will cost cuts help FedEx close margin gap with UPS?

FedEx may see a profit boost from cost cuts undertaken last year, although its investors will be keen on knowing whether those actions have helped it catch up with rival United Parcel Service on the margin front. ....

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Iran seizes second oil tanker in a week in Gulf, US Navy says

Iran has seized a second oil tanker in a week on Wednesday in Gulf waters, the U.S. Navy said, the latest escalation in a series of seizures or attacks on commercial vessels in Gulf waters since 2019. ....

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Logistics firm DSV eyes recovery in global trade volumes

Denmark's DSV , the world's third-largest freight forwarder, on Thursday predicted a recovery in global trade volumes after the firm surpassed profit forecasts in the first quarter despite seeing lower volumes and freight rates. ....

Anna Ringstrom , Jens Bjorn Andersen , Nikolaj Skydsgaard , Thomson Reuters Trust Principles , Bjorn Andersen , Thomson Reuters Trust ,

Shell launches its first electric ferry at Singapore plant

Shell Plc on Monday launched its first electric ferry globally at its Singapore refinery and pledged to work with the city-state's port authority to cut emissions from ships. ....

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