SAS orders up to 40 Airbus widebody jets in deal worth over $10 billion, marking a major fleet renewal for the Scandinavian carrier.

Maersk and Hapag-Lloyd resume some Suez Canal sailings under Gemini network, hitting shares of both companies on freight rate impact concerns.

Shipping groups Maersk and Hapag-Lloyd will resume some sailings through the Suez Canal under their Gemini joint network, Maersk said, hitting shares of both companies because of the potential impact on freight rates.

Hapag-Lloyd resumes Red Sea routing for SE3 service with immediate effect, ending Cape of Good Hope detour

Hapag-Lloyd announced that, with immediate effect, its SE3 service will sail via the Red Sea route instead of rounding the Cape of Good Hope.

Maersk to sail via Trans-Suez route instead of Cape of Good Hope, rerouting vessels through the Suez Canal.

Maersk will now sail via the Trans-Suez route instead of transiting via the Cape of Good Hope.

Fed's Waller says the Fed will not keep rates down to help the U.S. government finance its deficits, pushing back on fiscal-monetary policy concerns.

FedWaller says the Federal Reserve will not keep interest rates down for the purpose of helping the U.S. government finance its deficits.