Air Freight News
RAISE grant awards highlight importance of federal discretionary funding
• CAGTC congratulates RAISE award recipients; • Emphasizes support for BIL grant investments to advance freight infrastructure projects
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Drewry World Container Index - 06 Jul
Drewry’s composite World Container Index decreased by 1.3% to $1,474.32 per 40ft container this week.
London Gatwick Airport seeks second runway as air travel booms
London’s Gatwick Airport Ltd. is seeking planning permission to bring its second runway into full-time use, potentially raising capacity by tens of millions of passengers…
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Two counties in New Mexico account for 29% of Permian Basin crude oil production
In southeastern New Mexico, horizontal wells in Lea and Eddy counties drove much of the recent growth in Permian Basin crude oil output. Output from…
Global fleet management platform Wialon reveals 2023 Top 10 GPS Hardware Manufacturers ranking
Wialon, the global fleet management, telematics and IoT software platform, today announces 10 leaders of 2023 in the telematics and GPS tracking hardware manufacturing market.…
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THE Alliance announces Transpacific-West Coast change
In consideration of the present market situation, THE Alliance will make changes to the Asia to Transpacific-West Coast Network by temporarily suspending the PS5 service…
Value Maritime launches sister company Value Carbon to handle all shore-based carbon activities
Value Maritime, the emission-reducing tech specialist for ships, has launched sister company Value Carbon to manage shore-based carbon handling, re-use and storage services for shipping…
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IINO LINES, J-Power and Norsepower collaborate to install world’s first rotor sail on a dedicated coal carrier
IINO Kaiun Kaisha, Ltd. and Electric Power Development Co., Ltd. have agreed to install a Norsepower Rotor Sail™ (wind propulsion auxiliary device) manufactured by Norsepower…
cargonerds gives medium-sized air freight forwarders access to WebCargo’s air freight rates
cargonerds is partnering with WebCargo by Freightos to help small and medium-sized freight forwarders process air freight rates digitally.
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Digital tools and services: A leap into the future of logistics
The digital revolution has taken the world by storm, and the logistics industry is no exception. This industry is rapidly transforming, adopting cutting-edge digital tools…