Air Freight News
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AAR reports rail traffic for the week ending October 05, 2024
The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending October 5, 2024.
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VesselsValue Q4 2024 Market Outlook Summary
The forecast period up to 2027 suggests a mixed outlook across different vessel types. We anticipate that orders for Bulkers and Tankers will gain momentum,…
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Maersk launches new Groveport, Ohio facility to service Levi Strauss & Co.’s omnichannel fulfillment
Maersk Warehousing & Distribution Services USA LLC, an A.P. Moller – Maersk company (Maersk) has opened a new 1.2 million square foot omnichannel fulfillment facility…
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Alterra IOS adds 3 Chicago-area industrial outdoor storage sites to national portfolio
Investment firm continues to expand its presence in the Chicago market, with new acquisitions bringing total regional portfolio to 10 properties
Siemens files lawsuit in Texas against Citgo Petroleum parent
Siemens Energy Inc has filed a lawsuit in a Texas court against Citgo Petroleum's parent, PDV Holding, seeking to recoup about $200 million from a…
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Amazon targets faster deliveries and buying with new tech
Amazon, in its quest for greater efficiency, has developed new systems to shave seconds off each package delivery and to help customers make faster buying…
Airbus confirms deliveries fell to 50 jets in September
Airbus deliveries fell 9% in September to 50 aircraft, compared with the same month last year, the European planemaker said on Wednesday.
Algeria bars France from wheat import tender as relations sour, sources say
Algeria excluded French companies from a wheat import tender this week and required that participating firms did not offer French-origin wheat, in apparent fallout from…
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European donors woo South Africa’s sceptical coal belt on green energy
European politicians and diplomats held talks with officials and workers' unions in South Africa's coal belt on Wednesday to try to persuade them that switching…
Saxum Real Estate breaks ground on Crown Point, IN location for Arcadia Cold
Saxum Real Estate has broken ground on a 322,600 square foot cold storage project located in Crown Point, IN for tenant Arcadia Cold, a leading…