Air Freight News
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Lyondell to begin closure of Houston refinery this weekend, sources say
LyondellBasell Industries will begin the permanent closure of its 263,776 barrel-per-day Houston refinery this coming weekend, said people familiar with plant operations.
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Trump push to use tariffs to pay for tax cuts faces opposition in Congress
U.S. President Donald Trump is pushing a plan to explicitly use revenue from higher tariffs on imported goods to help pay for extending trillions of…
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Outrider deploys reinforcement learning AI to enhance distribution yard throughput
Outrider, the leader in autonomous yard operations for logistics hubs, announces its industry-first deployment of advanced reinforcement learning (RL) techniques to maximize freight throughput at…
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Brazil’s beef companies breathing easy over prospect of new Trump tariffs
Brazilian beef companies do not expect to be hurt by potential new tariffs from President Donald Trump's administration because of low inventories of cattle in…
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Trump’s climate withdrawal creates rare discord with Big Oil
U.S. oil and gas producers are thrilled that President Donald Trump wants to encourage domestic energy development but say his decision to withdraw the United…
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China’s Vanke in talks to sell logistics firm stake to GIC, source says
Indebted property developer China Vanke Co Ltd is in advanced talks to sell a controlling stake in VX Logistics to Singaporean sovereign wealth fund GIC,…
Japan firms must prepare for Trump tariff fallout, Suntory chief says in Davos
Japanese companies remain bullish about investing in the United States but need to prepare for supply chain shocks that could arise during Donald Trump's presidency,…
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Trump threatens Russia, others with tariffs if Ukraine deal not reached
U.S. President Donald Trump said on Wednesday he would add new tariffs to his sanctions threat against Russia if the country does not make a…
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Pipeline operator Kinder Morgan misses estimates for fourth-quarter profit
Kinder Morgan fell short of Wall Street's expectations on Wednesday after the U.S. pipeline and terminal operator was hurt by lower crude and condesate transported…
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SC Ports Weather Advisory for Jan. 23, 2025
Due to inclement weather, SC Port terminals in Charleston will be closed for motor carriers on Thursday, January 23, 2025. Inland Port Dillon and Inland…