Air Freight News
FTR’s Shippers Conditions Index held close to neutral territory in May at -0.9
FTR’s Shippers Conditions Index once again held close to neutral territory, declining to -0.9 in May from the -0.6 reading in April. The SCI has…
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Shell completes sale of interest in Colonial Enterprises Inc. to Brookfield subsidiary
Shell Midstream Operating LLC (SMUS), a subsidiary of Shell plc (“Shell”), has completed the previously announced sale.
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Schneider National, Inc. announces second quarter 2025 results
Schneider National, Inc. announced results for the three months ended June 30, 2025.
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Port of Long Beach: Input sought on proposed Pier S battery energy storage system
The Port of Long Beach will host a pair of public scoping meetings to provide information and gather input for a 70-megawatt battery energy storage…
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Judges question whether Trump tariffs are authorized by emergency powers
U.S. appeals court judges sharply questioned on Thursday whether President Donald Trump's tariffs were justified by the president's emergency powers, after a lower court said…
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CK Hutchison-operated Panama ports could be taken over by state partnerships, president says
Public-private partnerships could take over two key ports near the Panama Canal if courts invalidate a contract with Hong Kong-based CK Hutchison's to operate them,…
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Global power grid expansion fuels fresh copper demand surge
Copper demand is rising faster than the industry anticipated, driven by billions of dollars being invested worldwide to modernise and expand power grids for the…
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Sheinbaum says Mexico secures new tariff reprieve, 90 days to strike trade deal
Mexican President Claudia Sheinbaum said on Thursday that she secured a pause on new tariffs coming into effect and a 90-day period to work on…
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Top Senate Democrat criticizes Union Pacific deal to buy Norfolk Southern
Senate Democratic leader Chuck Schumer on Thursday criticized Union Pacific's plan to acquire Norfolk Southern in a $85 billion deal that would create the first…
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Trump escalates trade war with Canada following Palestine stance
President Donald Trump intensified his trade war with Canada a day ahead of his August 1 deadline for a tariff agreement, saying it would be…