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WORLD NEWS
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Global air cargo demand rises 4.4% in August as capacity tightens
Corridors linked to the Middle East remained under pressure.
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Panama Canal extends LoTSA to Panamax locks for 2027 dry season
Securing slots before the dry season removes exposure to spot auction pricing, which tends to rise as transit capacity tightens.
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C.H. Robinson to acquire RXO in US$5.8B deal
Following completion, RXO will primarily be integrated into C.H. Robinson’s North American Surface Transportation division.
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Constellation Brands acquires SpikedAde for US$75M
The acquisition gives Constellation full ownership of the zero-sugar RTD brand and adds a growing sports drink segment to its beverage portfolio.
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Karnataka beer sales surge 41.3% as AIB policy boosts excise revenue
Karnataka collected Rs 3,377.88 crore from beer during April-September, while total excise revenue reached Rs 22,191.63 crore in the first half of 2026-27.