Air Freight News
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Snarled supply chains stretch wait times for top bicycle maker
Giant Manufacturing Co. is waiting as long as two years for bicycle parts as unprecedented disruptions and lockdowns roil the global supply chain, putting one…
Oil traders selling pricey Russian crude chafe Indian refiners
Indian refiners that are among the few remaining eager buyers of Russian oil are baffled as to why they’re paying nearly full cost for cargoes…
California dock fire may pressure already high gasoline prices
A four-alarm fire over the weekend at a San Francisco-area dock could force Valero Energy Corp.’s Benicia refinery to cut fuel production, potentially pushing local…
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GreyOrange announces new leadership appointments in its product and consulting divisions
Ravish Sharma appointed as Vice President, Product Management; Troy Siwek appointed as Partner and Leader, Client Relationships
Turkey may oblige exporters to convert 40% of income to Liras
Turkey is planning to increase the rate at which exporters must convert their hard currency revenue into lira to 40%, from 25%, in a bid…
Heaviest downpour in six decades shuts key South African port
South Africa suspended shipping at its main port in Durban after the heaviest rains in more than six decades and resultant flooding damaged roads leading…
Shipping Russian oil gets costlier as rates near $350,000
Daily earnings for tankers shipping oil from Russia’s Baltic ports are soaring as shipowners continue to exercise caution about hauling the country’s crude.
Supply chain companies add over $3,000,000 in revenue with technology investment
77% of organizations plan to invest $100k or more in supply chain technology in 2022
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BET begins one of the largest industrial developments in Buckeye’s history
The 145-acre project, titled Buckeye I-10 Logistics, is the largest industrial complex under development along Buckeye’s I-10 frontage Freeway, just west of Verrado Way.
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Yellow recognized as The Home Depot’s LTL Carrier of the Year
This award reflects Yellow’s continuous commitment to its partners in providing superior freight services and an enhanced customer experience as a super-regional LTL carrier.