Air Freight News
Seaport serves as first stop for President Biden on celebratory tour for historic infrastructure package
President Biden will pay a visit to the Port of Baltimore on Wednesday morning following the passage of the Infrastructure Investment and Jobs Act (H.R.3684),…
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What’s in the $550 billion bipartisan infrastructure bill
The House Friday passed the bipartisan plan to spend an extra $550 billion to revitalize the nation’s transportation and utility infrastructure, mostly in the next…
[FBX Weekly] Transpac rates drop as peak season comes to an end
Key insights: 1 The end of peak season pressure drove the largest transpac rate drop of the last two years. Peak season demand led to…
Early outcomes and next steps on the US-Korea commercial forum
U.S. Secretary of Commerce Gina Raimondo and the Republic of Korea’s Minister for Trade, Industry, and Energy Moon Sung Wook met yesterday in Washington, D.C.…
Democrats press Biden to consider oil export ban, SPR release
President Joe Biden faces growing pressure from fellow Democrats to address rising gasoline prices by taking steps that include a possible ban on oil exports…
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September 2021 Freight Transportation Services Index (TSI)
The Freight Transportation Services Index (TSI), which is based on the amount of freight carried by the for-hire transportation industry, rose 1.3% in September from…
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PayCargo appoints AMIT Gairola as chief design officer
The appointment comes as PayCargo expands its customer base across Europe, the Middle East, India, and Asia following a surge in new users since 2020
Realterm acquires newly renovated distribution facility in San Diego
Realterm announced today the acquisition of a 104,510-square-foot highly functional industrial distribution facility located at 7995 Armour Street, San Diego, California.
U.K. tells EU to ‘stay calm’ amid Brexit spat over Northern Ireland
The U.K. urged the European Union to remain “calm” in the escalating dispute over post-Brexit Northern Ireland, as the two sides continue to exchange threats…
Norway’s Wideroe to fly first zero-emission passenger plane
Wideroe AS, the Norwegian regional airline known for flying to fjords in the high north, plans to use small electric-powered aircraft to take passengers on…