Air Freight News
China books record deal for US corn, stepping up buying spree
China made its biggest purchase ever of U.S. corn in another boost to meeting agriculture targets in the first phase of a trade accord.
Click to Read More
House Appropriations Committee approves FY2021 Corps of Engineers funding
On July 13th, the House Appropriations Committee marked-up and approved its FY2021 Energy and Water Development Appropriations Bill. The annual legislation provides funding for both…
Click to Read More
DAT truckload volume index: Spot rates surged across all equipment types in June as economic demand returns
Spot market rates and volumes increased across all equipment types as economic demand returns to seasonal trends, according to DAT Freight & Analytics, which operates…
Click to Read More
Massachuesetts interstate system’s rate of bridge and pavement deterioration and congestion among highest in US
As the U.S. Interstate Highway System reaches 64 years old, it faces increasing congestion, unprecedented levels of travel - particularly by large trucks - and…
Tesla euphoria powers equity boom for electric imitators
Tesla Inc.’s eye-popping run has left stock prognosticators in the dust, brought smaller imitators along for the ride and triggered a race by entrants new…
Click to Read More
BATI completes raptor mainframe shipment to Australia
The project team at BATI Shipping & Trading recently handled a raptor mainframe shipment from Turkey to Australia.
Click to Read More
SVT Robotics adds global supply chain executive Geiger as company advisor
SVT Robotics, a company whose software integration platform dramatically accelerates the deployment of industrial robotics, today announced that former Walmart Inc. executive, Cameron Geiger, a…
Click to Read More
US crude oil and natural gas production in April had biggest monthly decreases in years
Production of crude oil and natural gas decreased in the United States in April 2020 by 670,000 barrels per day (b/d) and 2.6 billion cubic…
Port of Virginia’s FY2020 cargo volumes reflective of tariffs, pandemic-driven slowing of trade
The Port of Virginia’s® cargo volume was off by more than 181,000 twenty-foot equivalent units (TEUs) in fiscal year 2020, with the decrease attributable to…
A solvent recapitalization of Virgin Atlantic
Virgin Atlantic has reached a major milestone towards securing its future today, by announcing plans for a private-only solvent recapitalisation of the airline, following the…