Air Freight News
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Square Mile Capital originates $97.5MM construction loan for the Tri County 75 industrial campus in Fort Myers
Square Mile Capital Management LLC (“Square Mile Capital”) today announced that it has originated a $97.5 million loan to finance the ground-up development of the…
Halifax Port Authority announces new Vice President, Strategy & Transformation
The Halifax Port Authority (HPA) has announced a new addition to the executive team. Sara Colburne joins the HPA as Vice President, Strategy & Transformation…
Amazon grapples with more labor strife, this time in Japan
Amazon.com Inc., which is struggling to quell workplace movements from the US to Europe, faces a growing union effort in Asia’s second largest economy.
Flux Power announces record new purchase orders of $64 million in fiscal year 2022
Flux Power Holdings, Inc., a developer of advanced lithium-ion energy storage solutions for electrification of commercial and industrial equipment, today announced combined purchase orders from…
Illumina’s $7 billion grail deal vetoed by European Union
Illumina Inc.’s $7 billion takeover of cancer-test provider Grail Inc. was vetoed by the European Union amid concerns that the deal would have hampered competition.
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Menzies Aviation selected as new cargo ground handler at Philadelphia International Airport
The City of Philadelphia (Airport or PHL) Division of Aviation, and Aviation Facilities Company (AFCO) has announced that they will be partnering with Menzies Aviation,…
Realterm acquires 61,600 SF, 60-door truck terminal in Charlestown, Indiana
Realterm announces the acquisition of 200 Lentz Avenue in Charlestown, Ind., a 60-door, 61,600-square-foot truck terminal. The high flow through industrial property on 23 acres…
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Port Everglades names new Chief Harbormaster Marchant
Port Everglades has promoted Christopher (Chris) Marchant to the role of Chief Harbormaster, guiding maritime services for Broward County's multi-faceted 2,190-acre seaport.
FTR reports preliminary North American Class 8 net orders nearly double in August to 21,400 units
FTR reports preliminary North American Class 8 net orders for August jumped 98% m/m to 21,400 units. Most OEMs began placing a limited number of…
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Europe’s gas market is in turmoil - Rystad Energy’s Gas and LNG Market Note
Short-term outlook: cessation of supplies through Nord Stream 1 reignites market fears