Air Freight News
FTR reports U.S. trailer net orders in July at 5,961, a 26% improvement from June
FTR reports U.S. trailer net orders increased by 26% month-over-month (m/m) to 5,961 units in July but were down 38% year-over-year (y/y).
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US agriculture groups urge Trudeau to step In to avert rail strike
Some of the biggest US agriculture trade groups are urging Canada’s prime minister to step in to avert a rail strike in the country that…
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Polaris Projects completes key contracts in July 2024
The project logistics division of Polaris Shipping Agencies, Project Cargo Network members from the United Arab Emirates, began July with a significant cross-trade contract involving…
World’s 1st Installation of rotor sails on a capesize bulk carrier for VALE
Mitsui O.S.K. Lines, Ltd. and Vale International SA announced that a 200,000-ton class bulk carrier, currently employed under a mid–term contract for transportation of iron…
South Africa to unveil private-rail investment rules by February
South Africa plans to complete a framework for private companies to use state-owned port and rail infrastructure within six months, Transport Minister Barbara Creecy said,…
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Sirius Shipping to optimize just-in-time arrival with Manta Marine Technologies’ FuelOpt™
Two future-proof newbuild tankers under construction for Sirius Shipping will maximize fuel efficiency during just-in-time arrivals through Manta Marine Technologies’ (MMT) FuelOpt™ systems.
MOL acquires additional shares of MODEC
Will convert it into an equity-method affiliate
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Solar panel imports to US hit record high before Biden’s tariff waiver ended
Solar panel imports to the US from Southeast Asia surged to an all-time high in the second quarter as manufacturers raced to lock in supply…
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Average state tax rates for retail gasoline and diesel fuel flat since January 2024
As of July 1, 2024, state taxes and fees on gasoline and diesel fuel averaged $0.33 per gallon (gal) of gasoline and $0.35/gal of diesel…
Automated micro-fulfillment centers (MFCs) market needs to overcome challenges to reach forecast $3.5bn by 2030
• Market challenges post-Covid - including rising living costs, project delays and bottlenecks – will need to be overcome in order for the sector to…