Air Freight News
US holds largest sale of strategic oil reserves in 7 years
The U.S. is holding its largest sale of oil from strategic reserves since 2014 at a time when the outlook for fuel demand is darkening…
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NAI Hanson and NAI Partners tapped to market 60-acre multimodal industrial property along Houston Ship Channel
Well-located, build-to-suit site offers unparalleled flexibility and superior access to international freight rail, trucking and shipping connections
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Mexico seeks US talks over car-rules dispute under trade pact
Mexico is seeking formal consultations with the U.S. over rules for cars shipped across regional borders under a year-old trade agreement as it seeks de-escalate…
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Dry bulk shipping rates are soaring and the rally looks set
For a glimpse at how fast demand for commodities has rebounded in the wake of the coronavirus, look no further than the market for shipping…
US holds this year’s largest sale of strategic oil reserves
The U.S. is holding its largest sale of oil from strategic reserves this year at a time when the outlook for fuel demand is darkening…
US sanctions Eritrea military chief for abuses in Ethiopia
The U.S. Treasury sanctioned the Eritrean army’s chief of staff for his involvement in the conflict in neighboring Ethiopia.
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New chair of 205-year-old Swire looks to China for future growth
As chairman of Swire Pacific Ltd., Merlin Swire steered the 205-year-old Hong Kong business empire through some of its worst crises in recent times, including…
DAT truckload volume index fell 8% in July as congestion gripped supply chains
Truckload rates hit new highs and freight volumes remained elevated in July but retreated from June’s record levels, as shippers paid a premium for transportation…
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EZ Link Taiwan handles heavy machinery via RORO to India
EZ Link have handled 2 units of OOG heavy machinery via RORO from Taiwan to India.
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deugro successfully moved 35,541 freight tons of cargo for the Irkutsk Polymer plant (IPP) project via Bering Strait to Russia
The cargo contained 45 oversized heavy lift (OSHL) components and was shipped simultaneously on two full-charter vessels from Masan, South Korea via Tiksi in the…