Air Freight News
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Yang Ming names new 11,000 TEU vessel, ‘YM Throne’
The vessel is chartered from Shoei Kisen Kaisha, Ltd. and built by Imabari Shipbuilding Co., Ltd. The naming ceremony of YM Throne took place at…
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1600 km transport of heavy and oversized Boiler in India
Express Global Logistics (EXG), member to the Worldwide Project Consortium (WWPC) in India, smoothly executed the movement of a Waste Heat Boiler Assembly.
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WorldACD: Tonnages stabilize but rates continue to soften
Global air cargo flown tonnages have stabilized in the last two weeks of July after dropping significantly in the first half of the month, although…
India to allow more sugar exports to avoid contract defaults
India, the world’s second-biggest sugar producer, will permit millers to export an additional 1.2 million tons in the year ending in September, Food Secretary Sudhanshu…
MSC GRI from ISC to USA postponed
MSC announced that the General Rate Increase (GRI) announced effective August 11th, 2022, is now postponed to August 15th, 2022.
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XPO Logistics announces leadership succession plan
Mario Harik has been appointed president, North American less-than-truckload, and will succeed Brad Jacobs as XPO’s chief executive officer once the spin-off is complete
XPO Logistics releases Q2 2022 results
Improves North American LTL operating ratio to 82.5%, and improves adjusted operating ratio by 70 basis points year-over-year to 80.4%
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Chairman Maffei visits Port of New York and New Jersey
Yesterday, in response to growing concerns about congestion at the Port of New York and New Jersey, Chairman Maffei and Managing Director Lucille Marvin visited…
Stonemont expands Florida footprint with new industrial park in Fort Myers
Firm’s latest project in partnership with Geis Construction features 500,000 square feet of Class A space in top e-commerce market
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CBP hosts first trade summit in Anaheim
Over 3,000 attendees, 1,000 on-site and more than 2,000 virtually, gathered in Anaheim, California, July 18-20, to learn more about CBP’s forward vision in a…