Port of Oakland refinances to save $87 million in future debt payments
The Port of Oakland said today it is refinancing $544 million of debt with its new bond offerings. The public agency completed its bond pricing…
Hyperloop hopes perk back up with Branson challenger’s R&D deals
Hyperloop Transportation Technologies Inc. said by the end of this decade it could be rolling out a commercial version of the high-speed transport concept envisioned…
Oil edges lower with virus risks hampering demand outlook
Oil dipped as concerns mounted that tougher restrictions to slow the virus’s spread will continue to depress demand in the near term.
South Africa opens new battle with unions over airline salaries
South Africa started a fresh battle with labor groups in its effort to revive the bankrupt state airline, offering three months of wages to employees…
$800K of counterfeit purses and hats seized by CBP officers in Louisville
Last Friday, December 4, U.S. Customs and Border Protection (CBP) officers in Louisville intercepted two shipments containing counterfeit hats and handbags worth over $800,000, if…
CSX improves to highest rating by CDP for Environmental Leadership
CSX improved to the highest possible A rating for leadership in corporate sustainability by CDP, an independent, global non-governmental organization dedicated to advancing sustainable business…
Qatar Airways to begin new service to Doha
Seattle-Tacoma International Airport (SEA) welcomes today’s announcement of an award-winning new airline bringing the first connection to a new international city, with Qatar Airways starting…
BARIG calls for the immediate removal of blanket quarantine regulations in air traffic
The Board of Airline Representatives in Germany (BARIG), the association of international and German airlines operating in Germany, supports the demands of numerous international associations…
Kinder Morgan announces 2021 financial expectations
Kinder Morgan, Inc. today announced its preliminary financial projections for 2021. KMI remains committed to maintaining a strong balance sheet, returning value to its shareholders…
FBX Weekly: $4,000/FEU becoming the new normal for most major lanes out of Asia
Key insights: 1. The continued peak in ocean container demand is keeping ports congested, equipment scarce and pushing rates to multi-year highs on all the…
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