November 2023 U.S. transportation sector unemployment (4.5%) falls below the November 2022 Level (4.6%)
The unemployment rate in the U.S. transportation sector was 4.5% (not seasonally adjusted) in November 2023 according to Bureau of Labor Statistics (BLS). These data…
Import cargo peak came later than expected as volume kept growing
“We originally thought peak season would come in August but imports kept growing in September and again in October,” NRF Vice President for Supply Chain…
Port of Seattle Commission adopts 2024 budget
“The Port of Seattle is proposing the largest five-year capital plan in our history, intending to spend $5.6 billion across our aviation, maritime, and...
Port of Oakland names real estate leader as Chief Real Estate Officer
Jonathan Veach brings national and local expertise to new position...
T&I Committee holds markup to approve an updated committee roster
Transportation and Infrastructure Committee Chairman Sam Graves (R-MO) announced that the full Committee will hold a markup to approve an updated Committee roster...
Mercosur summit ends without EU deal, eclipsed by Venezuela fear
A Mercosur summit planned to conclude a landmark trade agreement with the European Union closed Thursday in Rio de Janeiro with no deal in sight…
Bankrupt trucker Yellow rejects offer to revive operations
Defunct cargo hauler Yellow Corp. rejected a long-shot offer to revive the bankrupt company, a lawyer for the trucking firm said in a letter Thursday.
Air Canada Cargo: Extra capacity to Miami & Santiago
Air Canada Carga has added extra freighter capacity connecting Miami and Santiago...
Northrop Grumman successfully tests a new solid rocket motor developed in less than a year
Northrop Grumman Corporation (NYSE: NOC) successfully conducted a full-scale static test fire of a new solid rocket motor that was developed in less than a…
Cathay Pacific buys six A350 freighter aircraft from Airbus
Airbus SE edged out Boeing Co. in a closely-fought sales campaign to sell freighter aircraft to Cathay Pacific Airways Ltd.
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