Air Freight News
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Crowley tugs work together to load LP Odyssey launch platform for offshore ship transfer
Five Crowley tugboats recently worked together to load the LP Odyssey, a self-propelled, semi-submersible mobile spacecraft launch platform, onto a heavy-lift ship for Barber Moss…
Manufacturers’ shipments, inventories and orders in February
New orders for manufactured goods in February decreased $0.1 billion or virtually unchanged to $497.4 billion.
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Not much fat to cut: E&P operators will only be able to reduce supply chain costs by up to 12% in 2020
In the downturn of 2020, global E&P operators will only be able to cut supply chain costs by up to 12%, a Rystad Energy analysis…
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January 2020 US airline freight data (preliminary)
U.S. airlines carried 0.7% less freight by weight in January 2020 than in January 2019, according to preliminary data filed with the Bureau of Transportation…
Roadrunner announces sale of Stagecoach Cartage and Distribution
Roadrunner Transportation Systems, Inc., a leading asset-right transportation and asset-light logistics service provider, today announced the sale of a Dry Van business unit, Stagecoach Cartage…
US trade deficit narrowed to a three-tear low in February
The U.S. trade deficit shrank in February to the smallest in more than three years as imports declined more than exports ahead of the hit…
Boeing to offer voluntary buyouts to entire staff of 161,000
Boeing Co. will offer voluntary buyouts to its entire staff of 161,000, in a bid to shed costs and adapt the massive manufacturer to a…
Southwest to become second US airline applying for relief
Southwest Airlines Co. intends to apply for federal aid, becoming the second U.S. carrier saying it will seek government assistance after being battered by a…
Oil rebounds on China crude buying and Trump’s diplomatic push
Brent oil surged as China planned to start buying up cheap crude for its strategic reserves, while U.S. President Donald Trump said he thought Saudi…
The virus is bending most markets. Will renewable energy break?
It’s worth watching the disruption playing out in a few corporate sustainability markets to see how bad things will get.