Freight News
In November 2016, the Organization of the Petroleum Exporting Countries (OPEC) cut oil production causing higher oil prices. Since January 1, 2017, jet fuel prices rose 8.6 percent, and higher oil prices have a substantial impact on carriers’ operational costs, which they pass on in the form of fuel surcharges.
Japan carriers have announced a fuel surcharge on outbound flights, while Air India will increase their fuel surcharge for overseas flights. ...
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JAXPORT's Governing Board announced that its CEO Brian Taylor and the Authority have agreed to part ways. Taylor will pursue other business opportunities.
Brian Taylor joined the Jacksonville Port Authority in 2013 after a long and distinguished career in the maritime industry, serving in executive roles ...
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Airports Council International – North America (ACI-NA) reports that U.S. airports have nearly $100 billion in infrastructure needs during 2017 - 2021 to accommodate growth in passenger and cargo activity, rehabilitate existing facilities, and support aircraft innovation.
ACI-NA released a report on the topic dubbed: “Airport ...
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CSX Corp. announces that it has named E. Hunter Harrison, a proven railroad executive with a well-regarded track record of producing market-leading operating results, as chief executive officer, effective immediately. Mr. Harrison replaces Michael Ward, who announced his decision to retire as Chairman and CEO ...
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Striving to further reduce the environmental impact of its global shipping operations, Maersk Line has ordered the first 100 of a total of 200 refrigerated containers to be chilled by Carrier Transicold's NaturaLINE® natural-refrigerant based system. Carrier Transicold is a part of UTC Climate, ...
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Reduced economic activity in Asia associated with the Lunar New Year contributed to lower February container volumes at the Port of Long Beach.
Overall, traffic totaled 498,311 TEUs, a decline of 11.2% compared to the same month last year, the highest-volume February in Port history. Cargo ...
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Wen-Parker Logistics (WPL), a global freight forwarder and supply chain solutions leader, is very excited to announce the hiring of Mark Green a, 28-year industry veteran as the UK Sales Manager effective March 1st. 2017.
“This expansion of our European sales leadership team will ...
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Ash clouds from an Alaska volcano that has erupted 36 times since mid-December, 2016 are now threatening jets flying between Asia and North America. Bogoslof Volcano’s biggest eruption occurred on Tuesday, March 7, 2017, producing ash clouds rising above 20,000 feet.
Warnings have been issued to ...
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AIR FRANCE KLM MARTINAIR Cargo has once again successfully met seasonal peak flower demand for Valentine’s Day and International Women’s Day.
Over a five-week period spanning February/March, around 5,000 tonnes of flowers originating from leading production and export countries like Kenya, Ecuador and Colombia were ...
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In February 2017, the Panama Canal set a new daily tonnage record of 1.18 million Panama Canal tons (PC/UMS) after welcoming a total of 1,180 vessels through both the Expanded and original locks. The previous record was established the month prior in January 2017 when ...
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