Yellow Corp. settles decade-old dispute with US government
Yellow Corporation has announced that it has reached an agreement with the United States government, settling a nearly 13-year-old civil litigation with the Department of…
Aeroterm to develop a 140,000–170,000 SF multi-tenant cargo facility at Pittsburgh International Airport
The board of the Allegheny County Airport Authority, which manages Pittsburgh International Airport (PIT), and Aeroterm announce that they will enter into a 30-year ground…
Xiaomi, Oppo in talks with India firms to make phones for export
Three of China’s largest smartphone brands have opened discussions with Indian manufacturers about making phones locally for global export, a concrete step toward establishing the…
Crowley participates in Loadsure $11 million Series A round to close cargo insurance gap
Crowley has joined forces with Insurtech MGA, Loadsure to help accelerate the development of proprietary smart technology serving the global cargo and freight insurance market…
Australia coal export terminal declares force majeure on flood
Australia’s Port Kembla Coal Terminal declared a force majeure after destructive floods disrupted loading, curbing supply to a global market already grappling with a shortage…
Oil executives meet with Biden officials on Texas home turf
Oil industry executives are meeting with U.S. officials this week as surging energy prices and mounting national security concerns bring together two groups that have…
Yellen says China moves aren’t diluting Russia sanctions sting
Treasury Secretary Janet Yellen said she doesn’t believe China’s actions toward Russia are meaningfully undermining the impact of U.S. and European sanctions over the war…
Korea calls for global network to cushion supply chain hit
South Korea’s top trade official says the world should set up a framework that allows businesses to stay resilient in the face of a crisis…
Boston’s Logan Airport sees lingering lull in business travel
(Bloomberg) -- Air traffic is picking back up, but Boston Logan International Airport remains at only about 80% of its prepandemic volume, and business travel…
US to extend mask rule for plane, train travel another month
President Joe Biden’s administration will extend a requirement for U.S. airline travelers to wear masks for another month, while working on a policy about how…
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