Air Freight News
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CK Hutchison posts 11% fall in profit as Panama ports deal saga ramps up
CK Hutchison on Thursday reported an 11% drop in underlying profit for 2024, as one of Hong Kong's most powerful conglomerates becomes increasingly embroiled in…
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US companies race to secure import tariff exemptions after Trump pause
Washington's temporary relief for import tariffs on goods covered under the U.S.-Mexico-Canada Agreement (USMCA) has triggered a spike in US companies seeking exemption under the…
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U.S. agricultural exporters and smaller ports in the crosshairs of U.S. policies
Intended or not, smaller U.S. ports and U.S. agricultural exporters are likely to be the big losers if the Trump administration goes ahead with assessing…
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BRW now a DoD-approved transportation provider, strengthens government & defense supply chain position
BRW, an industry-leading provider of fully integrated supply chain services, including trucking, logistics, warehousing and fulfillment services nationwide, proudly announces that its Trucking Division received…
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Sunset Transportation: Shippers thrive with 3PLs combining tech, expertise, and high-touch service
Leveraging tech partnerships and AI for streamlining operations, end-to-end visibility, fraud prevention, and maintaining cross-border operations are competitive differentiators 3PLs should provide shippers
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Spirit Airlines LLC Upgraded To ‘CCC+’ On Emergence From Bankruptcy; Outlook Stable
The company’s post-emergence capital structure consists of a new $275 million revolver, a new $840 million exit senior secured notes, $136 million of existing U.S.…
ITS Logistics March Port Rail Ramp Index: Trucking capacity-to-demand ratio could increase rates for dray and rail capacity
ITS Logistics confirms equipment availability for exports remains an issue affecting individual ocean carrier lines through North America
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BEA News: U.S. International Transactions, 4th Quarter and Year 2024
The U.S. current-account deficit, which reflects the combined balances on trade in goods and services and income flows between U.S. residents and residents of other…
US judge blocks Trump’s EPA from clawing back climate grants
A U.S. judge on Tuesday temporarily blocked the U.S. Environmental Protection Agency from recovering grant funds issued as part of a $20 billion climate funding…
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Saudi Aramco launches first direct air capture test unit
Saudi oil giant Aramco has launched a pilot direct air capture unit able to remove 12 tons of carbon dioxide per year from the atmosphere,…