Air Freight News
The Giant Ship Blocking the Suez Canal Is Finally Freed
The giant vessel that’s blocked the Suez Canal for almost a week was pulled free from the bank, a major step toward getting ships moving…
Turnover remained unchanged at large truckload fleets in fourth quarter
The annualized turnover rate for over-the-road truckload drivers held steady in the last three months of 2020, according to the American Trucking Associations’ Quarterly Employment…
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Robots could replace hundreds of thousands of oil and gas jobs, save billions in drilling costs by 2030
Even when the Covid-19 downturn is finally past us, operators will have to continue exploring new avenues for cost reductions to be better equipped to…
Buffett-Backed BYD’s Profit Surges 162% on Electric-Car Boom
BYD Co., the Chinese electric-vehicle maker in which Warren Buffett’s Berkshire Hathaway holds a stake, said profit more than doubled last year thanks to a…
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EVER GIVEN Successfully Refloated Normal Transits of Suez Canal Resume
Evergreen Line is pleased to confirm that EVER GIVEN has been successfully refloated within the Suez Canal at approximately 15:00 March 29 local time. In…
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SC Ports celebrates Lineage Logistics facility expansion
Expansion in Charleston adds additional cold storage capacity for customers
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Odyssey Logistics expands into Laredo, Texas
Odyssey to offer a range of logistics services at one of the top port cities between the two countries
American Airlines to Put Most Jets Back in Service as Travel Rebounds
American Airlines Group Inc. expects to put most of its fleet back in service in the second quarter, following “recent strength in domestic and short-haul…
Oil fluctuates with market eyeing OPEC+ meeting, Suez Canal
Oil fluctuated between gains and losses with traders looking ahead to an OPEC+ meeting this week and as salvage teams partially refloated the giant vessel…
TT Club: Vaccine supply under threat from theft and counterfeits
Having warned of various threats to the COVID-19 vaccines supply chain late last year, international freight insurer TT Club is now reporting a spate of…