American Air to raise $1.94 billion in share, convertible deals
American Airlines Group Inc. is set to raise $1.94 billion by selling equity and convertible bonds later this week after increasing the size of both…
Dachser Peru transports locomotives from Port of Houston to Lima, Peru
Dachser Peru, subsidiary of the global provider of logistics solutions Dachser, announced today that it has successfully delivered two locomotives to a major railroad customer…
Port of Corpus Christi Reports First COVID-19 positive case
A Port of Corpus Christi Authority (PCCA) employee has tested positive for COVID-19. The individual works in an office where there are minimal interactions with…
TE Connectivity extends capabilities for commercial vehicles with SUPERSEAL pro connectors
The commercial vehicle market is requiring manufacturers to extend the capabilities of commercial vehicle solutions to include greater efficiency and performance, especially in the area…
Amodei named executive VP of STV’S National Transportation & Infrastructure Division
Richard M. Amodei, a tenured and instrumental member of STV’s nationally renowned Transportation & Infrastructure Division (T&I), has been appointed to executive vice president of…
India mulls international air ‘bubbles’ after US cries foul
India is considering opening up so-called “bilateral bubbles” -- tightly controlled international travel corridors -- with countries including the U.S., France, Germany and U.K., hours…
Israel targets e-commerce for tax on imported goods bought online
Early planning on Israel’s new budget has included discussions on ending a tax break that’s cut the high cost of living but could drain much-needed…
Bentley doubles space for parts amid Brexit trade talks concern
Luxury automaker Bentley said it has doubled warehousing capacity in a move that will help it cope with potential disruption if Britain fails to strike…
FIS Air Freight Report June 22, 2020
More of the same downward trend hits the index, as both basket routes shed substantial numbers, China to Europe down $1.06 and China to USA…
After years of angst, Canada’s oil pipeline problem may be over
The shortage of pipeline space that has hamstrung Canada’s oil producers for years may finally be over -- just not in the way they had…
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