Air Freight News
Why high-speed train is really the transport of choice in China
When restaurateur Seven Song decided to go on a birthday trip from Beijing to Shanghai, her first travel outside the capital since the pandemic, she…
FTR’s TCI improved in September, but trucking conditions remain quite tough
FTR’s Trucking Conditions Index in September improved to -8.97 from -12.54 in August due mostly to more stable fuel prices and modestly stronger freight demand.…
US to review terrorist label for Houthis after ship seized
The US is reviewing whether to restore the Iranian-backed Houthis to its list of terrorist organizations after rebels seized a ship Sunday in retaliation for…
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Draper Associates invests in Logic, pioneers in reshaping logistics
Draper Associates, a leading venture capital firm, has announced a strategic investment in Logic, the innovative logistics automation company at the forefront of reshaping the…
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India closer to agreement with Tesla to import EVs, set up plant
India is closing in on an agreement with Tesla Inc. that would allow the US automaker to ship its electric cars to the country from…
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ATA Truck Tonnage Index increased 1.1% in October
American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index increased 1.1% in October after declining 1.1% in September. In October, the index equaled…
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Seats become sneakers in Emirates’ $2 billion A380 jet retrofit
Unlike any other airline on the planet, Emirates made the Airbus SE A380 jumbo jet a cornerstone of its fleet. The Dubai carrier still operates…
South Korea’s early exports data point to continued recovery
South Korea’s early trade data show exports are likely to maintain their growth momentum this month, continuing their rebound from a year-long slump and helping…
Nigeria revives oil tanker tax issue that drove up freight rates
Nigeria again demanded that shipping companies pay outstanding tax bills totaling millions of dollars, reviving a dispute that triggered a spike in freight costs and…
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Damen Shipyards signs contract with Ta San Shang Marine Co. Ltd to supply a new construction service operation vessel
On the 21st of November, Damen Shipyards signed a contract with Ta San Shang Marine Co. Ltd. (TSSM), a joint venture between Mitsui O.S.K. Lines,…