Air Freight News
Emerge appoints Craig Fiander as Executive Vice President of Commercial
Emerge, the trailblazer in freight innovation through its award-winning Freight Procurement Platform, is delighted to announce the appointment of Craig Fiander as the new Executive…
Flux Power announces capital structure update including new credit facility with Cleveland Capital
On July 28, 2023, the Company secured a new $15.0 million credit facility from GBC to fund working capital and to refinance its existing credit…
Federal Reserve Holds Rates Steady For Now On Tighter Financial Conditions
The Fed held its policy rate steady at a 22-year high of 5.25%-5.50% at its meeting on Oct. 31-Nov. 1. The American economy has had…
House Committee advances ATA-backed bill to protect service members and other repatriating Americans
“Given the sharp increase in identity theft crimes in recent years, the government must take action to safeguard the personal information of all servicemembers, federal…
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Top fertilizer maker Nutrien warns against ‘artificial’ market constraints
The world’s largest maker of crop nutrients is cautioning against any meddling in the economics of fertilizer markets.
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JetBlue swayed by low Spirit fares before seeking to buy rival
JetBlue Airways Corp. was competing aggressively with Spirit Airlines Inc. and other discount carriers on ticket prices before making a $3.8 billion takeover bid last…
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WorldACD Weekly Air Cargo Trends (week 43):
October tonnages track close to last year’s levels
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Brunswick auto, machinery volumes up 61 percent in September
Auto port capacity expanding to take on new business
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Norfolk Southern’s $1.6 billion Cincinnati Railway deal faces vote
Ohio’s Queen City is counting on the sale of its Cincinnati Southern Railway system to Norfolk Southern Corp. to help it fund infrastructure enhancements and…
Nikola bets on hydrogen truck as battery-fire fallout expands
Nikola Corp. is betting on a newly launched hydrogen big rig to regain its footing as the company said it wouldn’t deliver any electric trucks…