Air Freight News
Bipartisan ocean shipping overhaul introduced in U.S. Senate
The first major update of U.S. international ocean-shipping laws in more than two decades was introduced in the Senate Thursday, a significant step toward passage…
U.S. cements LNG export crown as Venture Global fires up plant
Venture Global LNG began producing liquefied natural gas at its Calcasieu Pass plant in Louisiana, solidifying the U.S.’s position as the world’s top producer of…
East Hampton’s plan to cut airport noise runs Into FAA trouble
The wealthy resort town of East Hampton on New York’s Long Island said it’s restricting traffic at its airport even as the Federal Aviation Administration…
Texas cold halts some Permian Oil as ice disrupts trucking
The extreme cold that’s descended across Texas is prompting some oil producers in the Permian Basin to halt a small part of their output as…
Seacoast Capital exits non-control growth capital investment in East Coast Warehouse & Distribution
Seacoast Capital ("Seacoast"), a lower middle market non-control growth capital investor, announced today the exit of its investment in East Coast Warehouse & Distribution ("ECW"…
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IAG Cargo boosts Latin American service with increased flights and capacity
• Flights between Madrid and Colombia rise to 17 services per week and customers can book freight between Sao Paulo to Buenos Aires • IAG…
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Drewry World Container Index - Feb. 3
Drewry’s composite World Container Index decreased marginally by 0.5% to $9,376.70 per 40ft container this week.
Cargotec and Konecranes provide an update on planned merger
Remedy requirements are more complex than expected, dialogue with relevant competition authorities continues
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Pilots facing confusing new 5G restrictions, union chief says
Airlines and flight crews have been forced to sift through scores of new restrictions since last month’s chaotic roll-out of new 5G wireless service, aviation…
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Mitsubishi Shipbuilding completes conceptual study on floating storage and regasification unit (FSRU) for ammonia together with Mitsui O.S.K. Lines
Mitsubishi Shipbuilding Co., Ltd., a part of Mitsubishi Heavy Industries (MHI) Group, has completed a conceptual study, in a joint effort with Mitsui O.S.K. Lines,…