Air Freight News
FTR reports U.S. trailer net orders up strongly Y/Y in January at 23,966 units
U.S. trailer net orders in January decreased by 2% month-over-month (m/m) but rose by 81% year-over-year (y/y), reaching 23,966 units.
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The Cathay Group releases traffic figures for January 2025
Starting off 2025 strong with another passenger milestone achieved and more new destinations announced
CMA CGM PCS from all origins to Libreville, Gabon
CMA CGM informs of the implementation of a Port Congestion Surcharge (PCS) as follows:
ZM Trucks announces new manufacturing plant and HQ in Fontana, CA
ZM Trucks, North America’s newest zero-emissions commercial truck brand, announces the establishment of its first North American manufacturing plant in Fontana, California.
FreightCar America, Inc. announces new $35 million asset-based lending credit facility
• Expanded credit facility enhances borrowing capacity and reduces cost of capital • Further enhances financial flexibility and ability to support growth strategy
Kinder Morgan closes on $640 million acquisition of a natural gas gathering and processing system from Outrigger Energy II
Acquired assets complementary to existing Hiland gas assets in the Bakken
Tideworks Technology celebrates 15 years of Intermodal Pro, driving rail innovation and efficiency
Milestone highlights tideworks’ momentum and commitment to innovation and customer success in the global rail sector
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Bespoke project cargo solutions at Fleet Line Shipping Services
Fleet Line Shipping Services are new Project Cargo Network members in the UAE.
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AAR reports rail traffic for the week ending February 15, 2025
The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending February 15, 2025.
ODW Logistics delivers 28% freight cost savings for Sabrosura Foods
ODW Logistics (ODW), a leading third-party logistics (3PL) provider, has helped Sabrosura Foods achieve a 28% reduction in freight costs within the first six months…