Air Freight News
ICTSI 1H2021 net income up 73% to US$196.7M volume, revenues, EBITDA across all three geographic segments exceed 2019 pre-pandemic performance
• Throughput grew 14% to 5.5 million TEUs • Revenues increased 22% to US$882.6 million • EBITDA 28% higher to US$532.5 million
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Driverless semi reaches milestone in test, startup Plus says
A Silicon Valley startup says the global race to develop fully autonomous trucks reached a milestone when a semi used its technology to navigate traffic…
3PL Association teaches members how to use technology to build a better freight brokerage
Transportation Intermediaries Association invites leaders from Leonard's Express and Trucker Tools to share insights on how new technologies are transforming third-party logistics
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Container equipment prices have peaked and are expected to moderate according to Drewry report
Prices of dry freight shipping containers have doubled over the past year to reach historic highs but will moderate over the next few years, according…
Hill International awarded five-year Program Management Contract to support the Miami-Dade County Aviation Department’s $6 billion CIP at MIA, Executive and General Aviation Airports
Hill International, delivering the infrastructure of change, announced today it was awarded a contract to provide program management services for the Miami-Dade County Aviation Department’s…
MSC comments on MCS Industries shipper complaint
MSC Mediterranean Shipping Company is shocked to learn of the accusations made by MCS Industries and the complaint filed by MCS Industries with the FMC,…
Amazon announces first fulfillment center in St. Lucie County, FL
The new one-million-square-foot site is expected to open in 2022 and create more than 500 new, full-time jobs
Senate approves surety bond amendment with 97-0 vote, ensuring essential payment & performance protections on all TIFIA-financed infrastructure projects
The Surety & Fidelity Association of America (SFAA), the National Association of Surety Bond Producers (NASBP) and the American Property Casualty Insurance Association (APCIA) commend…
EBE Technologies launches redesigned website
Improved visitor experience was the push for the site makeover
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US petroleum consumption decreased to a 25-year low in 2020
In 2020, 18.1 million barrels per day (b/d) of petroleum products were consumed in the United States, a 25-year low. From 2019 to 2020, petroleum…