Air Freight News
Ranking Member Crawford statement from hearing on freight rail safety
Opening remarks, as prepared, of Railroads, Pipelines, and Hazardous Materials Subcommittee Ranking Member Rick Crawford (R-AR) from today’s hearing entitled, “Examining Freight Rail Safety”:
EV production and sales pick up, while battery material costs fall - Rystad Energy
Electric vehcile production and sales in China pick up as lockdowns lift and new tax breaks on sales. BYE announces it will switch to only…
Click to Read More
BA says 3,000 hires stuck in system as UK travel chaos continues
British Airways has around 3,000 potential recruits stuck in background checks that are taking up to four months, it said at a parliamentary hearing into…
Korea trucker strike ends after settlement reached with ministry
Striking truckers in South Korea reached an agreement with the government, ending a weeklong strike that added to the strain on global supply chains.
FTR reports preliminary May trailer orders on par with April at 18,300 units
FTR reports preliminary trailer orders for May were similar to April activity at 18,300 units, -3% m/m and +80% y/y. Trailer orders for the past…
FedEx boosts dividend, shakes up board in deal with activist
FedEx Corp. boosted its dividend and announced board changes in coordination with activist investor D.E. Shaw & Co., shaking up the courier just two weeks…
Redwood Logistics empowers shippers to build a more sustainable supply chain with Redwood Hyperion
The new carbon emissions tracking tool provides shippers visibility into freight emissions and access to verified carbon offsets
ContainerPort Group adds to Senior Leadership Team
Jason Schmelmer joins as VP, Driver Experience; TJ Frye is promoted to VP, Business Innovation
Vector.ai operational workflows to streamline services for global freight forwarder HBI
HBI to utilize Vector.ai’s solution to automate freight operations and boost efficiency amidst shipping disruptions
Click to Read More
Frampton Construction digs into Tampa industrial project
Frampton Construction Company, LLC has started work on Sunlake Business Center, a two-building industrial development in Tampa, Fla. Stonemont Financial Group, a privately held real…