Volumes are expected to be robust among Europe's freight forwarders through next month, according to Danske Bank's latest European Freight Forwarding Index report for September 2014.

Nik Delmeire, the newly appointed secretary general of the European Shippers' Council (ESC), has said it is time for businesses to measure, monitor and reduce emissions by freight transport. At the same time, the new European Commission should reduce existing trade barriers in the European Union. "Together these innovations can spur economic growth and create jobs," says Delmeire.

The manufacturing sector, already a leading component of the U.S. economy, would benefit significantly if the crude oil ban were lifted, according to a new study.

After two years of either flat or slightly negative traffic growth, demand for air cargo transport began to grow slowly and steadily during the second quarter of 2013. The uptick in traffic continued into the second half of 2013 to end the year 0.9 percent above the 2012 traffic total. Growth has continued to gather strength in 2014, nearly recovering the long-term trend rate. World air cargo traffic is forecast to grow an average 4.7 percent per year over the next 20 years to reach a total of more than twice the number of revenue tonne-kilometers (RTK) logged in 2013. The number of airplanes in the freighter fleet will increase by more than half by the end of the forecast period.

While progress is slowly being made, insufficient trade agreements exist in order to encourage and drive intra-Africa trade. As a result there tends to be a focus on doing business with regions outside of Africa, such as the United States or China, says Charles Brewer, managing director of DHL Express Sub Saharan Africa.

Economists' predictions often disagree, but there's one thing they have in common: They're pretty much all wrong.