Yellows Rising Losses Highlight Freight Sector Struggles

Yellows Rising Losses Highlight Freight Sector Struggles

US LTL giant Yellow's Q1 losses doubled while revenue declined, highlighting the weak freight market. As a bellwether, Yellow's performance indicates significant challenges for the LTL market. Companies need to respond proactively and optimize operations to survive the downturn. The increased losses and decreased revenue point towards a broader trend of economic slowdown impacting the freight industry, requiring strategic adjustments from all players.

01/26/2026 Logistics Industry Insights
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Nepal Rastra Bank Updates Foreign Exchange Rates

Nepal Rastra Bank Updates Foreign Exchange Rates

Nepal Rastra Bank has released the latest foreign exchange rates. The buying rate for the US dollar is NPR 146.56 and the selling rate is NPR 147.16. Exchange rates for Australian Dollar, Canadian Dollar, Euro, and British Pound have also been published. These rates are subject to change based on market conditions. It is recommended to refer to the central bank's official information for the most up-to-date rates.

02/05/2026 Exchange Rate Query
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Emirates NBD Egypt Simplifies SWIFT Code Transfers

Emirates NBD Egypt Simplifies SWIFT Code Transfers

This article provides a detailed overview of the SWIFT/BIC code EBILEGCXXXX for Emirates NBD Egypt, including branch-specific information for some locations. It also highlights important considerations for cross-border remittances, aiming to assist users in completing international money transfers safely and efficiently. The information helps users understand how to correctly use the SWIFT code for banking transactions with Emirates NBD Egypt and provides guidance for navigating the complexities of international money transfers to and from Egypt.

09/03/2025 International Settlement
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