Warren Urges DOT to Block JetBlue’s $3.8 Billion Spirit Deal
Senator Elizabeth Warren urged federal airline regulators to block JetBlue Airways Corp.’s proposed merger with Spirit Airlines Inc. by invoking a rarely used authority from…
FedEx Miss Is Worst Deutsche Bank Analysts Have Seen in 20 Years
Wall Street analysts didn’t mince words in discussing FedEx Corp.’s forecast for the current quarter -- which missed by a landslide -- and its withdrawal…
FMC’S Bentzel Explains Proposed Maritime Transportation Data Initiative
U.S. Federal Maritime Commissioner Carl Bentzel says that he hopes to win the approval from maritime stakeholders for new data transparency standards organized under the…
Adani to Inject $2.5 Billion in Cement Arm Son Will Now Helm
Billionaire Gautam Adani will inject 200 billion rupees ($2.5 billion) into a cement firm and get his son to oversee this newly acquired business, as…
Damen delivers complete mission equipment package for KOEM multipurpose vessel
Owned by the Korean Marine Environment Management Corporation (KOEM), the newbuild combines emergency oil spill recovery activities with maintenance dredging tasks.
Concordia Maritime announces sale of three P-MAX vessels
The sale is expected to have a positive liquidity effect of approximately USD 30 million. The surplus will be used for repayment of loans.
Port of Long Beach Has Second-Busiest August
Progress made in moving cargo off the docks as consumer spending slows
Air cargo tonnages drop further
WorldACD's latest views on air cargo market developments, covering each of the last 5 weeks up to Sunday September 11.
Graves Statement on Tentative Freight Rail Agreement
Transportation and Infrastructure Committee Ranking Member Sam Graves (R-MO) released the following statement regarding the tentative agreement reached by representatives for the freight railroad and…
American Structural Steel Leads the Way as White House Prioritizes Low-Carbon Construction Materials
Federal agencies will prioritize the purchase of key low-carbon construction materials, the White House announced Thursday, the latest action in its Federal Buy Clean initiative.
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