Air Freight News
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Russian Odesa missile strike tests day-old grain export deal
Russia attacked Odesa’s sea port with cruise missiles hours after signing a deal to unblock Ukrainian grain exports from three Black Sea ports, including Odesa,…
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BLP closes $789 million in real estate since inception 7 months ago; more deals in the pipeline
In the seven months that BLP has been investing on behalf of institutional investors, the logistics real estate company has closed 21 deals and secured…
Cox Automotive acquires Trudell, parent company of Trudell Trailers and Northeast Great Dane
• Purchase of Trudell adds significant scale to Cox Automotive Mobility Fleet Services’ existing trailer operations, including 13 trailer service locations and heavy-duty truck and…
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Port Everglades sets May/June cargo records
Everglades exceeded its record May and June cargo volumes thanks to new ocean shipping services from India, Turkey and Greece.
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Comunale develops first Class A spec industrial project in Fort Collins since 1990s
Denver-based Comunale Properties has announced the completion of two pre-leases at its Mulberry Connection development, the first speculative Class A industrial project built in Fort…
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MSC PSS decrease - scope: Turkey to US West Coast 
Decreased PSS amount per CTR, from Turkey to USWC, effective July 21st, 2022 (last container gate in full date), applicable to all equipment types.
US chemicals industry testifies before ITC on continued harm caused by Section 301 tariffs
The American Chemistry Council (ACC) testified today before the United States International Trade Commission (ITC) as part of the ITC’s factfinding investigation into the “Economic…
Xeneta real-time container rates update: week 29
Long-term rates “through the roof” for trades into New Zealand and Australia, with some contracts up over 400% since 2019
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WorldACD: Air cargo trends for the past 5 weeks (wk 28)
In week 28 (July 11 - 17), worldwide chargeable weight decreased by -5% compared with the week before, and the average worldwide rate decreased slightly,…
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Ships that hauled Iranian oil are switching to Russian crude
Oil tankers that previously carried Iranian oil are switching to haul Russian crude, according to shipping analytics company Vortexa.