Air Freight News
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S&P Global: Spirit Airlines Inc. downgraded to ‘D’ on Chapter 11 Bankruptcy filing; EETC ratings lowered
The filing follows a period of deterioration in the company's operating performance and projected material liquidity shortfall in an unsustainable capital structure. At the time…
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Vestdavit supplies five davits for innovative new-build CSOV Olympic Notos delivered by Ulstein Verft
“We are honored to have been selected by Ulstein for participation in this ground-breaking new-build project based on our well-established track record of reliable davit…
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Union Pacific announces Chief Legal Officer Craig Richardson to retire, and names Christina Conlin SVP and Deputy General Counsel
In anticipation of the transition, Christina Conlin, who most recently served as chief risk officer and associate general counsel with Goodyear Tire and Rubber Company,…
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Scotlynn launches new Managed Transportation Solutions (MTS) Division: CEO Scott Biddle shares insights on growth and innovation
Scotlynn, one of North America’s fastest-growing logistics providers, is revolutionizing the logistics industry by launching its Managed Transportation Solutions (MTS) division. Scott Biddle, CEO of…
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Port Everglades celebrates Banner Year
Port Everglades is one of Broward County's vital economic engines, which supports more than 11,000 local jobs. That is a direct result of the success…
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ANTONOV Airlines and First Class Freight BV carry equipment to provide cruise ship operations in the Arctic
Ukrainian ANTONOV Airlines provides expert solutions for transporting oversized and heavy cargo within tight timeframes.
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Trump picks oil industry CEO Wright as Energy Secretary
President-elect Donald Trump said on Saturday that oil and gas industry executive Chris Wright, a staunch defender of fossil fuel use, would be his pick…
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WorldACD Weekly Air Cargo Trends (week 45) - 2024
Worldwide air cargo average spot rates have continued to rise in the first full week of November, driven by significant week-on-week (WoW) increases from Asia-Pacific…
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SC Ports: Container volumes steady as rail infrastructure expands
With highly productive port service and expanding rail capabilities, South Carolina Ports is well-positioned to speed goods to market and support growth in the Southeast.…
Department of Transportation announces $580 million in awards for Port Improvement Projects
The U.S. Department of Transportation’s Maritime Administration (MARAD) announced plans to invest nearly $580 million from the Bipartisan Infrastructure Law to fund 31 port improvement…