In June 2025, cross-border freight volume experienced a slight year-on-year decline of 0.3%, primarily due to a 27.8% reduction in truckbed transportation. Although the total domestic equipment slightly decreased, international containers achieved a 1.0% annual growth. Overall, transportation increased by 4.3% in the first six months of 2025.
The Logistics Manager's Index (LMI) for June highlights a recovery in the logistics sector, reaching 60.7 after two consecutive months of growth. Rising inventory levels and costs are key driving factors. Additionally, warehousing capacity has entered contraction territory for the first time, indicating a landscape where challenges and opportunities coexist.
The $85 billion merger between Union Pacific and Norfolk Southern will create the first transcontinental railroad network in the U.S. While leadership claims operational efficiencies will result, shippers are concerned about potential cost increases and reduced market competition. The future of the freight industry faces numerous challenges amid this merger.
Carbon Ridge and Scorpio Tankers have successfully deployed the world's first centrifugal ship carbon capture system, designed to capture carbon dioxide directly from ship emissions to reduce their carbon footprint. This innovative technology offers a new solution for sustainability in the shipping industry, helping the sector achieve its emission reduction targets.
The first step in making international remittances is to familiarize yourself with SWIFT/BIC codes. This article provides a detailed explanation of the SWIFT/BIC code structure for Banco de la Nacion, and highlights the advantages of using Xe for remittances, including better exchange rates, transparent fees, and fast transaction services.
This article analyzes the SWIFT/BIC code of STANDARD CHARTERED BANK BOTSWANA LTD., ensuring you avoid delays and errors in international remittances. Understanding the composition and correct usage of the SWIFT code safeguards fund security.
Understanding the SWIFT code SCHBBWGX018 for STANDARD CHARTERED BANK BOTSWANA LTD. is crucial for international remittances. Accurate usage of this code helps prevent delays and errors in fund transfers, ensuring the safety of your funds.
This article explores the SWIFT code SCHBBWGX 023 of Standard Chartered Bank in Botswana, analyzing its structure and significance in international remittances. It provides practical guidance to ensure the safe and efficient transfer of funds.
This article highlights the importance of the Standard Bank SWIFT code SCHBBWGX027 in Botswana. Ensuring the correct SWIFT code is used during international remittances is a crucial step for the security and accuracy of funds.
This article discusses the importance and composition of the SWIFT code SCHBBWGX 016 for STANDARD CHARTERED BANK BOTSWANA LTD., which is a key tool for international remittance, ensuring the security and convenience of fund transfers.
