Air Freight News
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Freightos to go public in a rare pandemic-era move for shipping
Freight-booking platform Freightos Ltd. is going public Thursday, one of the few such moves for the shipping industry during the pandemic era.
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Port chief expects Long Beach to win back some lost cargo
The Port of Long Beach recorded its second-busiest year, despite a sharp drop in the second half as consumer demand eased and the hub lost…
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Global phone shipments plunge most ever as consumers spend less
Global smartphone shipments suffered their worst quarterly drop on record in a clear sign of cooling consumer demand that signals more pain for manufacturing hubs…
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US and EU discuss deal to widen access to Inflation Reduction Act
The US and the European Union are discussing a possible deal on minerals and critical raw materials in a bid to allow the EU to…
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Boeing hints new jet it’s testing with NASA could replace 737 Max
Boeing Co. is studying whether an innovative plane it’s developing with NASA could find a home in its lineup next decade, the company’s top executive…
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Pettibone upgrades speed swing do-it-all railroad crane
Pettibone introduces the Speed Swing 445F2, the newest version of the industry’s original do-it-all rail crane. Developed with customer feedback in mind, the 445F2 is…
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Why 3PL warehouses need to be flexible amidst warehouse rental drop
Smaller logistics operators are preparing for uncertain times ahead, amidst recent reports of warehouse leasing decline as retailers pull back from inventory stockpiling.
Hong Kong exports drop most since 1950s as demand weakens
Hong Kong’s exports plunged in December by the most since the 1950s, extending a monthslong streak of declines fueled by China’s slowdown and a global…
FourKites launches data connector to help businesses maximize the power of supply chain data
New integration with business intelligence tools provides customers with unprecedented access to trusted, real-time supply chain data to eliminate silos, maximize agility
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Corvus Energy opens new US factory to meet demand for zero-emission solutions
Corvus Energy celebrated the grand opening of its new battery factory in Bellingham WA this week. The ceremony was held with distinguished guests such as…