Air Freight News
Sealand PSW “emergency fee” surcharge
As terminal congestion at the ports of Los Angeles and Long Beach reach historical levels, The Biden Administration announced on October 25th that effective the…
Rhomberg Sersa Rail Group to acquire Balfour Beatty track solutions business
Rhomberg Sersa Rail Group (RSRG) and Balfour Beatty U.S. are pleased to announce they have entered into an agreement for the acquisition by RSRG of…
U.K. threatens to retaliate in fishing dispute with France
The U.K. said it would retaliate with more rigorous checks on fishing activity in its waters if France follows through with its own threat to…
Air Canada orders staff back to the office, fully vaccinated
Air Canada said employees working remotely must gradually return to the office starting Nov. 15 and be fully vaccinated, as Covid-19 cases ebb across Canada.
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Third quarter intermodal volumes drop after year of growth
Total intermodal volumes fell 2.9 percent year-over-year in the third quarter of 2021, according to the Intermodal Association of North America’s Intermodal Quarterly report. International…
Culp plots GE’s next act as deal closing unlocks possibilities
General Electric Co. CEO Larry Culp is about to close his biggest deal yet. And to hear him tell it, he’s just getting started.
Exxon, Chevron eye billions in buybacks as cash flows surge
Exxon Mobil Corp. and Chevron Corp. are plowing windfall profits into share buybacks as soaring energy prices boost cash flows.
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G-20 leaders plan to stop funding offshore coal, draft statement says
Leaders of the Group of 20 wealthy economies are preparing to pledge to stop funding foreign coal-fired plants, but are still wrangling over climate objectives…
Copper output sinks to seven-month low in top producing nation
Chile just registered its worst month for copper production since February as the world’s biggest supplier of the metal was hit with labor disruptions and…
U.K. warns ‘two can play at that game’ after French threats
The U.K. suggested it could respond in kind to French threats to disrupt trade, ratcheting up the tensions in an increasingly bitter dispute over post-Brexit…