Air Freight News
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UPS cuts forecast again after new labor deal shreds profit
United Parcel Service Inc. cut its annual profit target on a spike in costs from a new union labor contract and weaker package demand.
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Stonemont sells 1.3 million square feet of warehouse space in the Charleston MSA
Sale underscores soaring demand for premier industrial space in close proximity to the Port of Charleston
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Lincoln Property Company Southeast lands management assignments for two Savannah-area industrial properties
Lincoln Property Company Southeast (Lincoln) has secured the management assignments for Terminal East, an industrial center in Port Wentworth, Georgia and Building 3B at Georgia…
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CSX and BRS reach second agreement on paid sick leave
CSX Corp. is announcing the ratification of a paid sick leave agreement covering approximately 200 employees represented by the Brotherhood of Railroad Signalmen (BRS) on…
Readout of Secretary Raimondo’s meeting with the Advisory Committee on supply chain competitiveness
Secretary of Commerce Gina Raimondo and Secretary of Transportation Pete Buttigieg, alongside Chief Economist for the Invest in America Cabinet and Member of the Council…
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BAT Germany has selected Arvato as its e-commerce logistics provider for e-cigarettes
E-Commerce logistics at Marienfeld site in North Rhine-Westphalia, Germany
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Blue Water founder Skov receives Lifetime Achievement Award
The Heavy Lift Awards is designed to celebrate the many individuals and companies whose vision, innovation and commitment help to shape the transport and logistics…
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homePORT, The PIER and Opentop collaborate in the creation of the first port innovation hub network
• The innovation hubs of the Port of Hamburg, the Port of Halifax and the Port of Valencia have announced this morning that they are…
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WFS to grow capacity at New York JFK by 20% in Q1 2025, supporting airlines carrying premium cargos
Worldwide Flight Services (WFS), a member of SATS Group, will increase cargo capacity at New York’s John F. Kennedy International Airport (JFK) by 20% in…
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WorldACD Weekly Air Cargo Trends (week 42): Tonnages and rates stabilize after recovery from Golden Week
Global air cargo tonnages and rates appear to have stabilized after recovering from China’s National Day Golden Week in early October, according to the latest…