Air Freight News
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High global demand, low global supply contribute to rising U.S. propane spot prices
Since mid-September 2020, wholesale propane prices at Mont Belvieu, Texas, the main U.S. hydrocarbon gas liquids (HGL) hub, increased to an average of $1.33 per…
FourKites’ industry-first order intelligence hub extends real-time visibility to the entire order lifecycle
Integration of transportation, supply and warehouse management systems with order-level detail breaks down silos and creates new opportunities for supply chain optimization
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MSC schedule update – Trade Asia to US & Canada network
MSC is planning to adjust the sailing program on its Asia to US and Canada network to match the actual departure dates from Asia.
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MSC enhances Asia to US West Coast connections
MSC has announced the enhancement of its Sentosa service with a new weekly port call at Oakland, US.
Redkik, a Finnish-American Insurtech start-up announces a new global partnership with international logistic provider MeisterPrep
Redkik, a global Insurtech with a mission to simplify and improve the marine cargo insurance industry, announced today a new global partnership with international logistic…
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Partners Group and Barings partner to invest in and provide capital to grow Milestone, a leading provider of transportation equipment in the US
• The transaction values Milestone at an enterprise value of over USD 1.4 billion • Milestone operates a fleet of over 95,000 owned and managed…
New supply chain program offers training in critical, growing area for retailers 
The NRF Foundation and the Association for Supply Chain Management (ASCM) Foundation today announced the launch of a new Warehouse, Inventory and Logistics certificate for…
Army Corps of Engineers awards Great Lakes Dredge & Dock phase 3 contract for Port of Corpus Christi Channel Improvement Project
The U.S. Army Corps of Engineers (USACE) on Friday awarded a $139 million construction contract to Great Lakes Dredge & Dock Company, LLC. (GLDD), to…
Rolls-Royce to sell ITP Aero unit to Bain for $2 billion
Rolls-Royce Holdings Plc agreed to sell its ITP Aero unit in Spain to a group led by Bain Capital for 1.7 billion euros ($2 billion),…
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U.K. relaxes antitrust rules, may bring in army to boost fuel supplies
Prime Minister Boris Johnson is ready to bring in Army drivers if needed to fix a supply chain crisis that threatens to engulf his U.K.…