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Baltic Dry Index Extends Rally Into 7th Day

The Baltic Exchange’s dry bulk freight index rose 2.5% to 3,186 on Friday, extending its winning streak to seven sessions and reaching its highest level since June 2. The index measures freight rates for vessels carrying dry bulk commodities across the Capesize, Panamax and Supramax segments. Gains were broad-based, led by the bigger size segment. ...

We haven't written up this one. Hellenic Shipping News has the full story — the link below goes straight to it.

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Canada Post to launch weekend parcel delivery by year’s end

Canada Post lost nearly $200 million before taxes in the second quarter, but saw improvement from a year ago because a new labor contract has restored trust with customers after two years of operational uncertainty. The post Canada Post to launch weekend parcel delivery by year’s end appeared first on FreightWaves .

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