Southwest CEO says he won’t resign after pressure from Elliott
Southwest Airlines Co.’s chief executive officer is resisting pressure to step down after activist firm Elliott Investment Management took a $1.9 billion stake and called…
New York’s MTA braces for higher borrowing costs with toll halt
While delaying New York City’s congestion pricing initiative blew a $15 billion hole in the Metropolitan Transportation Authority’s capital program, it also may strain the…
US weighs more limits on China’s access to chips needed for AI
The Biden administration is considering further restrictions on China’s access to chip technology used for artificial intelligence, targeting new hardware that’s only now making its…
WSP Executive appointments advance vision for U.S. Business
Leadership changes for Advisory and Planning, Transportation and Infrastructure, and Earth and Environment enable highly cross-collaborative organizations to meet future growth objectives...
Cebu Pacific set to favor Airbus in deal for as many as 150 jets
Airbus SE is closing in on a large single-aisle jet order from Cebu Pacific Air, with the carrier planning to sign up for as many…
April 2024 Freight Transportation Services Index (TSI) down 1.1% from March and down 1.3% from same month last year
April 2024 Freight Transportation Services Index (TSI) Down 1.1% from the Previous Month and Down 1.3% from the Same Month Last Year...
DHL Express expands retail presence in Houston Area
As the Houston metro area continues to experience rapid international population and business growth, this retail location will cater to increasing B2C and B2B shipping…
Southern California ports’ importance for U.S. trade and jobs
The Ports of Long Beach and Los Angeles are the core of the largest trade complex in North America and support jobs nationwide.
All new ships to be built without a sterntube
Future newbuild ships of all types should be built without a sterntube and with a seawater-lubricated propeller shaft bearing arrangement, according to Blue Ocean Alliance’s…
CMA CGM: ESS - From Indian Subcontinent to North Europe, the Mediterranean & North Africa
In a continued effort to provide customers with reliable and efficient services, CMA CGM informs of the following Emergency Space Surcharge (ESS/FRT59)*:
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