Air Freight News
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Union Pacific invested $275M to support customer growth in Southern California
Over the past five years, Union Pacific Railroad has invested more than $275 million to upgrade and expand its intermodal infrastructure in the fast-growing L.A.…
Ambassador Tai on the African Growth and Opportunity Act eligibility review
President Biden announced his intention to reinstate African Growth and Opportunity Act (AGOA) trade preference program benefits for one country, Mauritania, and to terminate benefits…
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U.S. agricultural export halloween trick or treat trivia
U.S. agricultural export halloween trick or treat trivia
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Air Charter Service moves on up, Down Under
Leading aircraft charter specialist, Air Charter Service, has continued its Australian expansion plans, having already increased its team size by 50% this year, the company’s…
Cargobot announces integration partnership with Greenscreens.ai to deliver cutting-edge pricing technology to the freight industry
The international digital freight company plans to introduce logistics pricing platform, Greenscreens.ai’s API pricing integration, improving efficiencies for shippers and carriers across the globe
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Russian fuel flows hit 17-month low on diesel curbs, maintenance
Russian oil-product exports have dropped to a 17-month low after a temporary ban on diesel shipments and as seasonal maintenance crimped refining activity.
EU is weighing fresh sanctions on $5.3 billion in Russian trade
The European Union is weighing a new round of restrictions that would hit some €5 billion ($5.3 billion) in trade with Russia as part of…
Econolite and ZincFive expand partnership to deliver more sustainable power solutions to the global ITS market
Econolite, part of Umovity and the leader in One-Stop-Shop advanced traffic management solutions, announced today that it has expanded its partnership with ZincFive (Portland, OR)…
Thailand to scrutinize sugar exports in bid to curb inflation
Thailand, the world’s second-biggest sugar exporter, will start regulating domestic prices of the sweetener and scrutinize exports in an attempt to control inflation and maintain…
[Freightos Weekly Update] Ocean rates may have reached new floor; new Panama Canal restrictions on the way
Key insights: 1. Transpacific ocean rates ticked up slightly last week with prices level overall since early October. This relative stability shows carriers are having…