News Articles
SEFL announces the launch of a new service center located in Louisville.
Southeastern Freight Lines (SEFL), a less-than-truckload transportation provider based in Lexington, South Carolina, has opened a new service center in Shepherdsville, Kentucky, significantly upgradin
Read MoreGlobal trade is projected to reach an unprecedented $33 trillion in 2024, despite concerns over tariffs.
Global trade is expected to hit a record $33 trillion in 2024, marking a $1 trillion increase from 2023, driven by a 7% rise in trade services. Developed economies have supported this growth, while de
Read MoreThe possibility of a port strike and rising tariffs is boosting import activity for goods headed to the U.S., according to Port Tracker's report.
U.S. imports are expected to stay high through spring due to potential strikes at East and Gulf Coast ports and rising tariffs, according to the latest Port Tracker report by the National Retail Feder
Read MoreAET and SMF have signed a memorandum of understanding (MoU).
AET, a prominent maritime transportation company and member of the MISC Group, has partnered with the Singapore Maritime Foundation (SMF) to enhance Singapore’s maritime talent pool through a Memorand
Read MoreThai Airways has designated Globe Air Cargo India for its operations.
ECS Group's subsidiary, Globe Air Cargo India, has been appointed as the GSSA for Thai Airways in Bangalore and Cochin, effective September 1, 2024. This partnership aims to enhance Thai Airways’ oper
Read MoreIntradco Global emphasizes its expertise in transporting wildlife.
Intradco Global, founded in 1985, specializes in the air transportation of equine, livestock, and exotic animals, establishing itself as a leader in this niche. The company utilizes air charter servic
Read MoreAlaska Airlines is making a significant investment in cargo, according to Ian Morgan.
Ian Morgan, Vice President of Cargo at Alaska Airlines, is enthusiastic about the air freight industry, emphasizing the importance of cargo for the company's future. Following Alaska Airlines' $1.9 bi
Read MoreCargill reduces its global workforce by 5% following a drop in profits.
Cargill, a major agribusiness firm, is reducing its global workforce by 5%, impacting around 8,000 employees, due to a significant profit decline and changing agricultural trends. With a reported annu
Read MoreVolkswagen's PowerCo has successfully obtained a contract for the supply of battery materials.
Volkswagen Group's PowerCo SE has secured a five-year supply agreement with Australian company Novonix for 32,000 tonnes of synthetic graphite for electric vehicle (EV) batteries, commencing in 2027.
Read MoreAccording to the AAR, rail carload and intermodal volumes in the U.S. experienced yearly decreases during the week of November 30.
For the week ending November 30, U.S. rail carload and intermodal volumes experienced annual declines, likely due to the Thanksgiving holiday's timing. Rail carloads totaled 189,746, down 19.9% from p
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