Air Freight News
Bosporus ship traffic rises as Erdogan plans alternative route
Ship traffic through Turkey’s Bosporus Strait rose in 2021, including record transits by the chemical tankers and large vessels that President Recep Tayyip Erdogan cites…
Pemex holds back barrels in bid to ramp up domestic fuelmaking
Mexico’s crude oil exports, which slumped to a 32-year low in January, are expected to pick up again this month after its state-owned refiner realized…
House lawmaker calls 5G wireless process ‘completely broken’
A top House lawmaker called the U.S. government’s process of auctioning radio spectrum “completely broken” as he prepares to hold a hearing on the recent…
EV startups are wilting in harsh light of public eye
(Bloomberg) -- Electric vehicle startups whose valuations soared after reverse mergers are facing greater scrutiny as public companies, triggering turmoil in their boardrooms.
Kenya to inject $176 million into struggling national airline
Kenya plans to inject 20 billion shillings ($176 million) of capital into the country’s cash-strapped national airline, which is battling to survive after years of…
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Bulk shipping rates extend slide on weak demand from China
A slowdown in China’s steel production is curbing demand for bulk ships to transport iron ore, driving a steady decline in global freight rates from…
Biden scours globe to send Europe gas if Russia hits Ukraine
The Biden administration and European allies are searching the world for surplus natural gas to send to Europe in the event conflict erupts over Ukraine,…
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2021 marks a year of breaking records at The Port of Philadelphia
The Port of Philadelphia, PhilaPort, had a record-breaking year in growth in 2021. The Port saw double-digit growth in containers, breakbulk and overall port tonnage…
H2 Clipper’s newly patented pipe-within-a-pipe™ technology revolutionizes “last mile” delivery of pure hydrogen
H2 Clipper, Inc. announces that it has been awarded U.S. Patent 11,236,864 on a new technology that solves the “last mile” problem of hydrogen distribution,…
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CenterPoint scores Inland Empire property for its first SoCal investment in ‘22
CenterPoint Properties has completed its first Southern California transaction of the new year after making 13 new investments there in 2021. The company's latest portfolio…