The Federal Aviation Administration's $15 billion project to overhaul air traffic control launched in 2003 has faced numerous delays, cost overruns and is less ambitious than planned, a report issued Wednesday said.
The FAA has achieved only about 16% of NextGen’s total expected benefits through the end of 2024. "FAA has delivered a delayed, over budget, and less transformational NextGen than originally planned," said the Transportation Department Office of Inspector General.
Freight forwarders should take the opportunity to review their contractual arrangements and insurance protection, according to digital cargo insurance provider Breeze.
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