Air Freight News
Port of Corpus Christi awarded $17 million federal grant for first phase of Avery Point Terminal redevelopment
The Port of Corpus Christi has received a federal grant of more than $17 million from the U.S. Department of Transportation – Maritime Administration to…
Situation of piracy and armed robbery against ships in Asia in January 2020
ReCAAP Information Sharing Centre today released the January 2020 Report on the situation of piracy and armed robbery against ships in Asia.
GS Express Logistics, member of XLProjects oversee incinerator plant revival project in Malaysia
GS Express Logistics Sdn. Bhd., XLProjects member based in Malaysia was contracted with receiving, handling and transportation of 2 main sections of Incinerators from Penang…
Frankfurt Airport starts the year with passenger decline
In January 2020, some 4.6 million passengers travelled through Frankfurt Airport (FRA) – a decline of 0.7 percent compared to the same month last year.…
Fitch ratings: Global ports vulnerable to coronavirus-related volume declines
Global ports will see reduced trade volumes as a result of the coronavirus, COVID-19, which would become more severe should Chinese production take time to…
Fitch rates LAX Airport, CA’s senior bonds ‘AA’; outlook stable
Fitch Ratings has assigned a 'AA' rating to the Department of Airports of the City of Los Angeles' (the department) $738 million senior revenue bonds…
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US natural gas consumption has both winter and summer peaks
Natural gas consumption in the United States has two seasonal peaks, largely reflecting weather-related fluctuations in energy demand. In the winter months, cold weather leads…
FTR reports trailer orders for January basically unchanged from December
FTR reports that preliminary trailer orders for January were basically unchanged from December at 16,600 units. This is the lowest January order activity since 2011.…
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Pelican BioThermal opens Toronto network station
Pelican BioThermal, the global name in temperature- controlled packaging, announces the opening of a network station in Toronto to service its Crēdo™ on Demand rental…
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Global oil stocks to pile up as proposed OPEC cuts are no match for coronavirus-induced surplus
The coronavirus outbreak in China will curb global oil demand growth by at least a quarter this year, and the production cuts of 600,000 barrels…