Air Freight News
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NAW supports the tentative port strike deal, urges Swift Labor Reform to safeguard supply chains
"This strike underscores a critical need for reform. No single union should have the power to cripple our economy. Our labor laws, written in a…
Hurricane Helene has limited effect on US Transportation Infrastructure Credits
Fitch-rated toll roads, ports, and airports have not sustained any significant damage from Hurricane Helene, and credit ratings are unaffected, Fitch Ratings says. Transportation credits…
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September 2024 U.S. Transportation Sector Unemployment (5.1%) rises above the September 2023 Level (4.9%)
The unemployment rate in the U.S. transportation sector was 5.1% (not seasonally adjusted) in September 2024 according to the Bureau of Labor Statistics (BLS).
Maritime Exchange congratulates the ILA on tentative agreement and resumption of port operations
The Maritime Exchange for the Delaware River and Bay congratulates the International Longshoremen’s Association (ILA) and the U.S. Maritime Alliance (USMX) on reaching a tentative…
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Is the ILA wrong about automation?
The recently resolved International Longshoremen’s Association’s (ILA) strike, which shut down ports on the East and Gulf Coasts, wasn’t just about wages and benefits but…
Norfolk Southern update on Hurricane Helene recovery
Norfolk Southern has made significant progress recovering from the impacts of Hurricane Helene which made landfall in the Florida panhandle on September 26.
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NRF reacts to port strike suspension
The National Retail Federation today released the following statement from NRF President and CEO Matthew Shay following the announcement that a tentative agreement on wages…
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Julie Su on International Longshoremen’s Association, United States Maritime Alliance agreement
Acting Secretary of Labor Julie Su issued the following statement on the agreement reached between the International Longshore Association and the United States Maritime Alliance.
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Tanker - Weekly Market Monitor Week 40 - 2024
This week’s chart highlights a notable decline in the quarterly vessel count for dirty tanker transits through the Red Sea, underscoring growing concerns over the…
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Today in Energy: Distillate fuel oil demand will increase in the fall because of the agricultural harvest
We expect distillate fuel oil consumption to increase in the fall as diesel-powered agricultural equipment is used to harvest and transport crops. The harvest tends…