Air rates soar leading to severe airline congestion
The air cargo industry is facing challenges on a scale unparalleled to any other time. Air cargo from China continues to surge to meet demands…
Weekly rail traffic for the week ending May 9, 2020
The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending May 9, 2020. For this week, total U.S. weekly rail…
Baltic Exchange launches new ship operating expenses assessment for LNG and LPG tankers
The Baltic Exchange has added quarterly assessments (GOPEX) on the cost of operating LNG and LPG tankers to its growing suite of shipping investor tools.…
Green groups ask D.C. Circuit to uphold pollution safeguards for freight trailers
A coalition of environmental and public health groups led by EDF is asking the U.S. Court of Appeals for the D.C. Circuit to uphold pollution…
SC Ports welcomes American solar module maker to SC
S.C. Ports Authority has announced that First Solar, Inc., America’s largest solar manufacturer, has selected Greenville, S.C., for its new distribution hub on the East…
Airline group sees virus hurting travel for at least five years
Demand for air travel will lag behind pre-coronavirus forecasts for at least five more years, according to the latest projections from the International Air Transport…
Australia’s China addiction leaves it vulnerable to trade spat
Australia is the most China-reliant economy in the developed world, leaving it vulnerable to blowback from Prime Minister Scott Morrison’s calls for an independent probe…
Johnson says airlines must keep low carbon footprint
U.K. Prime Minister Boris Johnson said the global aviation industry needs to limit carbon-dioxide emissions once air travel resumes following the coronavirus crisis.
Korean Air plans to raise over $800 million to stay afloat
Korean Air Lines Co. plans to sell new shares to raise about 1 trillion won ($817 million) after the coronavirus outbreak wiped out 90% of…
China trade expert says US farm deal hinges on tensions easing
China is still willing to meet its American farm purchase commitments as long as the U.S. creates a friendly atmosphere for more imports to take…
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