Air Freight News
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Castor Marine becomes part of the Navarino Group
Castor Marine is excited to announce that Navarino has acquired 100% of the shares of Castor Marine B.V. This milestone marks an exciting new chapter…
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Kinder Morgan shuts two Los Angeles fuel pipelines due to power outages
Pipeline operator Kinder Morgan Inc said that two of its fuel pipelines in Los Angeles have been shut since Jan. 8 due to power outages,…
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Delta forecasts the strongest profit in its 100-year history
Delta Air Lines said on Friday it expects 2025 to be the most profitable year in the company's 100-year history, thanks to robust demand for…
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Constellation Energy to buy Calpine in $26.6 billion deal
Constellation Energy said on Friday it would buy privately held Calpine Corp, a geothermal and natgas energy company, in a cash-and-stock deal valued at $26.6…
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OOCL announces operational update for the 4th Quarter 2024
For the fourth quarter ended 31st December 2024, total revenues increased by 55.0% to US Dollars 2,513.8 million, as compared to the same period in…
S&P Global: 2025 U.S. transportation infrastructure sector should see generally steady demand and growth
S&P Global Ratings today said it expects activity in the U.S. transportation sector will continue to normalize in 2025, with growth rates for most modes…
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Averitt opens new Dothan, AL service center
Compared to the previous location in Dothan, the new service center features over three times the last space dock, expanded parking for more than 200…
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UIPA incentive supports Nucor Towers & Structures expansion in Brigham City
Today, the Utah Inland Port Authority (UIPA) announced its approval of an incentive to support Nucor Towers & Structures, Inc., a leading steel producer and…
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MSC Announcement: Multiple shipping updates
Due to the ongoing challenging market situation, which is generating congestion and schedule delays across the supply chain, MSC is planning the following adjustment to…
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Realterm acquires thirteen property IOS Truck Terminal portfolio located in seven major U.S. markets
The acquired properties are located in primary logistics markets such as Northern New Jersey, Dallas, Chicago, the Inland Empire, the Bay Area, Seattle, and Orlando.