Air Freight News
Oil set for weekly gain on Libyan outages, Middle East attacks
Oil cemented a weekly advance, bolstered by output disruptions in Libya and increased tensions in the Middle East.
December 2023 U.S. Transportation Sector Unemployment (4.3%) Falls Below the December 2022 Level (4.5%)
December 2023 U.S. Transportation Sector Unemployment (4.3%) Falls Below the December 2022 Level (4.5%) But Remains Above the Pre-Pandemic December 2019 Level (2.8%) The unemployment…
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Maersk extends Red Sea diversion and warns risks will persist
A.P. Moller-Maersk A/S plans to continue diverting ships away from the Red Sea “for the foreseeable future” after pausing transits earlier this week to assess…
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Port of Oakland Launches New App to Improve Port Operations
Parsons Corporation (NYSE: PSN) today joins the Port of Oakland, California, Advent eModal, Mobile Programming and key stakeholders to announce the launch of the Freight…
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McAllister receives new built Low Emission Class Tractor Tug
McAllister Towing is proud to announce the arrival of the tug GRACE MCALLISTER.
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OOCL Introduces the First Eco-friendly 24,188 TEU Vessel in 2024, “OOCL Valencia”
OOCL was honored to have Ms. YING Xiuzhen, Director and Vice President of China-Base Ningbo Group Co., Ltd. to name the vessel “OOCL Valencia” and…
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Bureau of Transportation Statistics Releases Final Update to the Government Transportation Financial Statistics
The Bureau of Transportation Statistics (BTS) today released its final update to the Government Transportation Financial Statistics (GTFS), with data through 2021.
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Russia oil tankers do strange things since US sanctions ramp-up
There are growing signs that Russia’s oil flows might be facing disruption in the aftermath of a ramp up in US sanctions targeting traders and…
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How China’s BYD beat Tesla at its own game
Having become China’s best-selling auto brand at home, BYD Co. (which stands for Build Your Dreams) has now surpassed Tesla to be the world’s biggest…
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Port Freeport receives 34th consecutive certificate of achievement in financial reporting
For the 34th consecutive year, Port Freeport received the Certificate of Achievement for Excellence in Financial Reporting by the Government Finance Officers Association of the…