Air Freight News
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SC Ports CEO receives prestigious ‘Rainmaker’ Award
This prestigious accolade is awarded to logistics professionals with outstanding achievements and who make significant contributions to the supply chain.
To boost US dollar supply, Indonesia wants 30% of exporters’ fx kept onshore
Indonesia will mandate exporters to repatriate part of their foreign currency-denominated earnings starting Aug. 1, as part of efforts to increase dollar supply and help…
Pegasus Airlines bolsters fleet with 36 A321neo aircraft order
Pegasus Hava Tasimaciligi AS placed an order for 36 Airbus A321neo aircraft as the Turkish discount airline seeks to maintain a young fleet with low…
Russia oil hitting $60-cap adds banking, shipping woes to buyers
A top buyer of Russian oil is bracing for trading trouble as the price of Urals, the country’s main export grade, breaks through a $60-a-barrel…
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WorldACD Weekly Air Cargo Trends (week 27):
Global tonnages and rates further decline
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Rockport Terminals celebrates first year of rail service with Union Pacific
Rockport Terminals (Rockport) celebrates one-year of rail service with Union Pacific, operator of North America's premier railroad franchise.
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India considers banning most rice exports on inflation fears
India, the world’s biggest rice shipper, is considering banning exports of most varieties, a move that may send already lofty global prices higher as the…
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Port of Brownsville gains ground as key player in energy sector after NextDecade’s positive final investment decision
NextDecade Corporation has announced it has made a positive final investment decision (FID) to construct the first three liquefaction trains at the company’s Rio Grande…
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Capital A’s Teleport gets freighters amid growing revenue
Teleport — Capital A Bhd.’s logistics arm — is rolling out its own fleet of freight planes as the company looks to leverage on its…
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ITS Logistics July Port Rail Ramp Index: Canada West Coast port strike move Pacific port and East/West rail region to ‘severe’
ITS forecasts that reconsigned freight at the Ports of Vancouver and Prince Rupert will impact the US supply chain in coming months