Air Freight News
US banks keep financing trade of Russian crops as EU peers balk
Banks in the US and Middle East continue to do what self-sanctioning is stopping their European counterparts from doing: Financing the trade of crucial Russian…
Japan logs trade deficit for 11th month on energy, weak yen
Japan logged a trade deficit for the 11th consecutive month in June, as higher energy prices and a weaker yen continued to inflate the nation’s…
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Momentum builds for Quonset as wind energy hub
Gov. McKee, QDC cut ribbon on Modernized Pier 2 at Port of Davisville
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Castaloop USA expands cargo handling to U.S. inland waterways
Castaloop USA, Inc., a subsidiary of Logistec Stevedoring Inc., announced the opening of a new terminal operation located in Lemont (IL).
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AAP Aviation to develop electric regional air mobility in Norway with the Lilium Jet
Under the agreement, AAP Aviation intends to purchase 40 Lilium jets and collaborate with Lilium to identify and develop landing sites in the Scandinavian countries,…
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U.S. grain, coke exports drive Great Lakes-Seaway shipping activity in June
U.S. grain and coke exports boosted overall shipping volumes through the St. Lawrence Seaway in June.
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Saudi Arabia plans air-cargo roadshows to lure Amazon, DHL
Saudi Arabia plans to stage a number of roadshows in the next 12 to 18 months as it seeks to persuade the likes of Amazon.com…
Emerge opens office in Atlanta
Expands North America footprint as company reaches milestone, five years of operations
Rail Traffic for the Week Ending July 16, 2022
For this week, total U.S. weekly rail traffic was 498,899 carloads and intermodal units, down 2.8 percent compared with the same week last year.
FTR’s Trucking Conditions Index Fell in May Due Mostly to Diesel Price Gains
FTR’s Trucking Conditions Index (TCI) for May fell back into negative territory with a -0.3 reading from 3.21 in April.