[FBX Weekly] Extra capacity no solution for spiking rates as port congestion worsens
Key insights: 1 August was likely a record month for ocean import volumes to the US. And though carriers have increased capacity significantly compared to…
Hurricane-hit US oil industry examines damage from Ida
Oil and gas producers, and refineries that fuel the U.S., are assessing the impact on operations after the passage of Hurricane Ida.
Airbus nabs $4.9 billion order from Boeing customer Jet2
Airbus SE secured an order for 36 single-aisle planes from U.K. leisure carrier Jet2 Plc, picking off a Boeing Co. customer with steep discounts as…
World’s first carbon border tax wouldn’t be that expensive
The world’s first pollution-import levy, proposed by the European Union on goods from steel to aluminum, may not actually cost the bloc’s competitors that much,…
Back-to-school blues hits airlines bracing for long winter
European airlines hoping to extend the holiday season are running up against the start of the school year that’s denting family bookings, while the spread…
Pakistan boosting food imports as Afghan demand pressures prices
Pakistan is stepping up food imports as it sees a surge in demand for staples in neighboring Afghanistan inflating prices at home.
Ida is making Labor Day gasoline most expensive since 2014
Hurricane Ida’s blow to the oil industry is probably making this Labor Day the most expensive for U.S. drivers since 2014.
Southwest Air bumps hiring goal 16% in an effort to cut delays
Southwest Airlines Co. increased the number of workers it wants to hire by 16% to 5,200, part of an effort to ease flight disruptions and…
Rails brace for gridlock after Ida hammers New Orleans hub
Hurricane Ida forced Kansas City Southern to shut its main line in Louisiana and has halted exchanges between railroads in New Orleans, which may worsen…
HDR hires two new transportation principal program managers
Bolstering its roster of experienced transportation program managers, HDR recently hired two new principal program managers to help oversee our clients’ complex and high-profile programs.…
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