Air Freight News
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Boeing gets green light to deliver 787s after FAA approval
Boeing Co. is poised to resume deliveries of its 787 Dreamliner jets as soon as Wednesday, according to people familiar with the matter, almost two…
Statement from U.S. Secretary of Commerce Raimondo on signing of CHIPS and Science Act
U.S. Secretary of Commerce Gina M. Raimondo released the following statement following President Biden’s signing of the CHIPS and Science Act of 2022.
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US retail cargo seen cooling in second half as inflation, rates bite
US ports will see less retail cargo entering the country in the second half of the year as economic growth slows amid back-to-back interest-rate increases…
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PS Logistics acquires Noble
The transaction further establishes PS Logistics in the 53-foot flatbed trailer market, enhancing its overlength service offerings throughout the U.S.
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CPaT announces new contract with U.S. regional carrier, Mesa Airlines
CPaT Global, the world’s leading provider of distance learning for the airline and aviation industry, announced they have been awarded a new contract with Mesa…
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SEKO Logistics acquires leading 3PL, Pixior, LLC
SEKO Logistics (SEKO), the leader in global end-to-end logistics solutions, today announced the acquisition of Pixior, LLC. (Pixior), a leading 3PL and fulfillment services provider…
Thai Air’s $2.3 billion capital-raising plan led by Government
Thai Airways International Pcl will receive key financial support from the government for its 80 billion baht ($2.3 billion) capital raising and debt-to-equity swap plan…
Australia’s coal shipments face a ‘deadline,’ greens leader says
Greens Party leader Adam Bandt has warned the Australian government needs to start moving away from coal exports to prop up its bottom line, saying…
Fortress-backed Florida train gets okay to sell $1 billion of debt
Brightline Holdings, the rail company backed by Fortress Investment Group, got the go-ahead to sell up to $1 billion of tax-free debt to finance an…
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FedEx Freight announces door count increase
FedEx Freight celebrated the opening of a new, 218-door facility in Phoenix, Ariz., earlier this summer.