Air France-KLM, Castlelake raise SAS refinancing to $1.2 billion
Air France-KLM and private equity firm Castlelake LP have increased their planned investment in the bankrupt Scandinavian flag-carrier SAS AB by $25 million to $1.2…
Port secures major federal transportation grant
$52.6 million award will fund critical portion of Pier B On-Dock Rail Support Facility
October 2023 U.S. Transportation Sector Unemployment
October 2023 U.S. Transportation Sector Unemployment (4.8%) rises above the October 2022 level (3.7%) and the pre-pandemic October 2019 level (2.7%)...
Total volume holds steady in September at the Port of NY and NJ
In September, the Port of New York and New Jersey recorded 660,553 TEUs (363,853 containers), a 21.6 percent decline in total volume compared to the…
Russian crude exports were far above target level in October
Here is Rystad Energy’s oil market update from senior vice president, Jorge León...
CMA CGM overweight surcharge
Dry cargo from India North West to Central America East Coast & the Caribbean...
India’s steel expansion plans threatened by scrap metal export restrictions
Potential restrictions on scrap metal shipments from the European Union as it seeks to reduce industrial emissions may make it harder for India to grow…
2023 Port Infrastructure Development Grants Announced
Great Lakes ports received $14,384,001 million today, or 2.1% of the total. The Great Lakes projects are...
CMA CGM: THC Jakarta, Indonesia import/export
Effective November 1st, 2023 (date of loading in the origin ports) until further notice (December 1st, 2023 for US & Latin America, December 5th for…
US committed to ‘seamless’ Africa trade pact renewal, Tai says
The US aims to ensure that its preferential trade pact with Africa is replaced without interruption when it expires in two-year’s time, while bringing it…
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