Air Transport Services Group to be taken private by Stonepeak in $3.1 billion deal
Air Transport Services Group said on Monday investment firm Stonepeak was taking it private in a deal valued at $3.1 billion, including debt, sending the…
WorldACD Weekly Air Cargo Trends (week 43) - 2024
Average worldwide air cargo spot rates rose by a further +5% in the last full week of October, thanks to week-on-week (WoW) increases in spot…
Chinese solar firms, ever-nimble, go further afield where US tariffs don’t reach
Some of the biggest Chinese-owned solar factories in Vietnam are cutting production and laying off workers, spurred on by the expansion of U.S. trade tariffs…
Embracing ICS2-ENS: Navigating the future of global trade with precision and insight
By Bryn Heimbeck, President and Co-Founder of Trade Tech, a global logistics solutions provider that develops world-class applications that link shippers, importers, Customs House Brokers,…
SpeedX founder acquires AGS and aims to build a $1 billion end-to-end supply chain enterprise
Chris Zheng, founder and CEO of SpeedX, a tech-enabled last-mile delivery leader aims to create a $1 billion end-to-end supply chain solution infrastructure within 18…
U.S. exports of ethane and ethane-based petrochemicals rose 135% from 2014 to 2023
U.S. exports of ethane and ethane-based petrochemicals reached an all-time high of 21.6 million metric tons (MMmt) in 2023, up 135% since the United States…
Trump tariff proposals could cost Americans $78 billion in annual spending power, according to NRF study
American consumers could lose between $46 billion and $78 billion in spending power each year if new tariffs on imports to the United States are…
EPA’s Clean Ports Program to fund zero-emission equipment at marine terminals in New Haven, New London
Marine terminals in New Haven and New London have been awarded federal grants through the U.S. Environmental Protection Agency’s Clean Ports Program to reduce air…
Southwest names aviation veteran Gangwal as board chairperson
Southwest Airlines on Monday named aviation industry veteran Rakesh Gangwal as the independent chair to its board, days after the budget carrier settled its feud…
Biden-Harris Administration announces nearly $40 million of Clean Ports investments in Connecticut as part of Investing in America agenda
EPA’s Clean Ports Program to fund 55 zero-emission port equipment, infrastructure, and planning projects across the nation to tackle climate change, reduce air pollution, promote…
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