Transplace acquires LeanCor, its third strategic acquisition in 2020
Transplace, the premier provider of logistics technology and services, today announced the strategic acquisition of LeanCor, a recognized leader in end-to-end supply chain solutions, training…
Zello push-to-talk app helps drivers & dispatchers streamline communication
Zello, the leading provider of push-to-talk, live voice technology that connects 150 million users globally, today unveils a set of new features to address the…
Port Freeport Commission approves increase to tax exemption
At the regularly scheduled meeting on August 27th, the Port Freeport Commission approved a resolution to increase the additional residence homestead exemption for individuals 65…
Port of Corpus Christi, City of Port Aransas reach settlement on Harbor Island
The Port of Corpus Christi and City of Port Aransas have reached an agreement on the future development of Harbor Island. This agreement amicably resolves…
[FBX Weekly] China-US rates even higher and Maersk/Damco merge
Key insights: 1 Ocean demand out of China to the US continued to outstrip capacity this week as rates increased again, marking the sixth GRI…
Airlines bleed cash as jets half empty, long-haul still grounded
Airlines seeking to build up flights after idling their fleets at the height of the coronavirus outbreak are bleeding more cash as jets fly half…
Wizz Air says Covid travel rules are halting its expansion
Wizz Air Holdings Plc dropped plans to increase capacity to 80% next quarter, hitting the brakes on an aggressive return to the skies after new…
Aviation job losses could approach a half-million by year’s end
The global aviation industry has racked up more than 350,000 job losses in the past six months, with more pain on the way, according to…
Dubai lifts veil on debt, showing it owes less than thought
Dubai made a rare foray into public bond markets, revealing along the way that its debt burden is now a lot smaller than estimated by…
US opens economic front in campaign to expand ties with Taiwan
The U.S.’s decision to launch economic talks with Taiwan opened a new front in Taipei’s effort to push back against increased pressure from Beijing.
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