Air Freight News
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Movement of module for government PSU in South India
Express Global Logistics (EXG), a member of the Worldwide Project Consortium (WWPC) in India, completed the movement of a Module from a port on the…
Union Pacific profit disappoints after costly winter storms
Union Pacific Corp. reported profit below analysts estimates as disruptions from winter storms drove up costs, even as the railroad hauled more goods from a…
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Alfa Laval introduces the marine industry’s first biofuel-ready separators
Biofuels are a current and accessible fuel option that can help marine customers decarbonize. Yet while biofuels reduce CO2 footprint, they also pose new operational…
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Cargo, pier improvements planned at Galveston Wharves in ‘23
"Increased revenues allow our port to budget millions of dollars for long-deferred, major maintenance projects, as well as capital improvement projects to generate more jobs,…
FTR Shippers Conditions Index rises to 3.0 in November with improved market conditions
FTR’s Shippers Conditions Index (SCI) improved in November to 3.0 from the previous -0.3 reading. A more favorable freight environment and lower fuel costs boosted…
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Apple aims for about 25% of production in India, minister says
Apple Inc. is looking to boost production in India to about a quarter of its global total, one of the country’s top government officials said,…
Port of Corpus Christi finishes fiscal year 2022 with record tonnage
The Port of Corpus Christi ended 2022 with record tonnage, mainly attributable to a 21 percent year-over-year (YOY) increase in refined products and 15 percent…
Ethiopian Max crash report made false claims on plane, US says
Ethiopian investigators’ report into the Boeing Co. 737 Max crash outside Addis Ababa in 2019 falsely claimed the jetliner had an electrical failure, the US…
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Daily natural gas spot prices in Western United States exceed $50.00/MMBtu in December
On December 21, 2022, daily natural gas spot prices at three major trading hubs in the western United States (Pacific Gas & Electric [PG&E] Citygate,…
Power, rail outages cloud outlook for South Africa fuel producer
Sasol Ltd. said incessant power blackouts in South Africa coupled with rail and port bottlenecks are making it difficulty for the nation’s biggest fuel producer…