Air Freight News
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Red Sea chaos pushes fuel tanker costs above $100,000 a day
Some oil tanker earnings have soared above $100,000 a day as the disruption of shipments through the Red Sea persists.
Malaysia royalty-linked stock jumps on Singapore Rail Bid report
Berjaya Land Bhd., which has links to the family of Malaysia’s incoming king, jumped following a report that its unit is leading a consortium that’s…
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United Air drops largest 737 Max from plan after Boeing missteps
United Airlines Holdings Inc. is no longer counting on Boeing Co.’s largest 737 Max model as the planemaker’s manufacturing miscues threaten to further delay an…
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FRA issues final rule requiring emergency escape breathing apparatuses in trains carrying Hazmat
After Norfolk Southern derailment in East Palestine, Rule strengthens worker safety by requiring railroads to provide protective gear for neck and face coverage with respiratory…
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Boeing halted from further Max production increases by FAA
US aviation regulators ordered Boeing Co. to halt further production-rate increases for its 737 Max aircraft even as they cleared the way for a version…
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CBP seizes $700K worth of counterfeit luxury jewelry in one consignment sent to Puerto Rico
U.S. Customs and Border Protection Officers and Import Specialists seized 116 pieces of counterfeit luxury jewelry contained in a single consignment originating from China for…
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St. Louis region remains home to the nation’s most efficient inland port  
Data shows the region’s port system also is well diversified and plays a critical role in US agriculture
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Stonemont Financial Group closes on industrial facility for consumer goods manufacturer in Cary, North Carolina
The 154,096-square-foot building will undergo a series of renovations and support an existing manufacturing facility nearby
Project forwarder network WWPC appoints members in Portugal and Mexico
The Worldwide Project Consortium (WWPC) appointed with immediate effect two new members for representing the network exclusively in Portugal and Mexico.
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Forbes names Averitt to list of America’s Best-In-State Employers 
Averitt, a leading transportation and logistics company based in Cookeville, Tenn., has announced its inclusion on Forbes Magazine's list of America’s Best-in-State Employers for 2023.…