Air Freight News
TForce Logistics expands operations in Toronto, opens third distribution center
TForce Logistics, an operating company of TFI International Inc. (NYSE and TSX: TFII), a North American leader in the transportation and logistics industry, today announced…
CSX’s Atkinson honored for environmental stewardship
The Association of American Railroads (AAR) today awarded CSX Transportation’s Meaghan Atkinson the 2020 Professional Environmental Excellence Award, the industry’s highest honor for environmental professionals.…
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Funds have stretched the long positions on wheat; Soybeans lead the Phase 1 deal purchase
Corn * CBOT corn has been following wheat higher, with worrisome northern hemisphere planting weather pushing up the wheat/corn spread. Funds have stretched the long…
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FBX Weekly: Ocean rates still stable as air rates climb
Key insights: 1 China-US ocean rates have now gone unchanged since mid-September, though prices are still extremely high. Expected rate increases in November even with…
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This is what Biden has said on major US flashpoints with China
While Joe Biden has spent much of the campaign criticizing U.S. President Donald Trump’s policies toward China, his own platform sounds more like a change…
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Newsome: SC Ports poised for growth, big year ahead
SC Ports Authority continues to advance infrastructure projects and attract new business, securing its position as the preferred U.S. container port ahead of an incredibly…
Log exports from Russia
Softwood log exports from Russia have been in steady decline for the past 15 years and could reach zero in 2022 if President Putin’s new…
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Port of Virginia welcomes industry veteran Edwards as its next CEO and executive director
The Virginia Port Authority Board (VPA) of Commissioners today introduced Stephen Edwards as the next leader of The Port of Virginia®. He succeeds John F.…
Pemex posts profit after peso rally eased fuel import costs
Petroleos Mexicanos posted its first quarterly profit in two years after the appreciation of the peso helped reduce fuel import costs and oil prices rebounded…
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Patriot Rail reaches agreement to acquire short line operator Salt Lake Garfield & Western Railway
Patriot Rail Company LLC (Patriot), a leading U.S. operator of short line and regional freight railroads, rail services, and integrated port logistics companies, today announced…