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FRGT News3 articles
Brazil Freight Fines Pressure Ambev Amid Rising Cost Outlook
Ambev's U.S.-listed shares fell after Brazil imposed fines for minimum freight-price violations, reviving concerns over logistics costs. The brewer forecasts Brazil beer production costs to increase 4.5%-7.5% in 2026.
Algorhythm's AI Freight Claims Spark Market Turmoil, Trucking Stocks Tumble
Algorhythm Holdings shares jumped 16.7% in premarket trading following a 30% surge Thursday, as its AI freight efficiency claims triggered a selloff in trucking and logistics stocks.
Yangzijiang Shares Gain on Renewed Shipbuilding Orders Amid Mixed Freight Signals
Yangzijiang Shipbuilding shares advanced 3.4% as Maersk's new vessel order signaled potential demand recovery, while investors monitor freight rate pressures and import data.