Freight News
National Foreign Trade Council (NFTC) President Jake Colvin issued a statement following reports that the Biden Administration has declined to impose tariffs on rare earth magnets:
"The Biden Administration made the right call today by declining to impose new tariffs on neodymium magnets. Tariffs would have done more harm than good, ultimately undermining the Administration’s efforts to create resilient supply chains while also punishing American manufacturers, which rely on neodymium magnets ...
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The Board of Commissioners of the Port of New Orleans (Port NOLA) elected Jack C. Jensen, Jr. to serve as Board Chairman, succeeding Charles H. Ponstein, whose term as Chairman ended this month. Also elected were Joseph F. Toomy, who will serve as Vice Chairman, ...
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The Port of Oakland’s total loaded container volume dropped by 8% in August compared to August 2021. Last month 155,682 loaded TEUs transited the Port, compared to 169,602 TEUs in August 2021.Loaded imports declined by 10.2% recording 87,844 TEUs last month compared to 97,850 in ...
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The Port of Oakland has joined forces with the West Oakland Job Resource Center (WOJRC) to train workers for green jobs in the transportation and logistics industry.WOJRC received a $350,000 grant from the California Energy Commission’s Clean Transportation Program. The Port of Oakland supported WOJRC ...
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Rates continue to soften
Global air cargo prices continued their gradual decline in the first two full weeks of September, while volumes increased slightly in the second week after a drop in the first full week, the latest figures from WorldACD Market Data reveal.
Looking at week ...
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The Challenge Group has signed an agreement for CHAMP Cargosystems’ eCargo solution software, Traxon cargoHUB, strengthening a longstanding partnership. Offering tailormade air freight solutions worldwide, Challenge Group is dedicated to improving its services with a willingness to invest in its technology.Its customers are at the ...
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CHAMP MarketAnalytics, the insights service launched earlier this year, now features market data from over eighty leading air cargo organizations. Through daily updates, it delivers market insights with the same speed promise as air cargo.CHAMP processes over half of the world’s air waybills for airlines, ...
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Hermes Logistics Technologies’ (HLT) has integrated tech partner SPEEDCARGO’s solutions into its Cargo Management System (CMS) for a ground handler at Singapore Changi Airport.
The integration between SPEEDCARGO’s CARGO EYE solution and HLT’s New Generation (NG) Ecosystem at the point of cargo acceptance will make enhanced ...
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Effective September 21, and just a few months since Lufthansa Cargo signed a Letter of Intent with CargoAi, marketplace users in The Netherlands, Italy, and Spain have access to routings and capacity information on all Lufthansa Group airlines serving those countries. General and Express cargo ...
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After completing the acquisition of four cranes from the port machinery manufacturer Liebherr for three of its port terminals in Spain, Noatum Terminals has taken delivery of the final three cranes and is preparing for their installation in the assigned ports.The cranes have the versatility ...
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