Monthly Archives: March 2022
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Truckers team up to ride out severe storms
MEMPHIS, Tenn. – Lots of people are still talking about our latest round of severe weather that tore through the south-central on Wednesday. Some pilots were ... -
Boston is testing e-cargo bike deliveries for small businesses
This summer, the City of Boston will launch a pilot program to provide e-cargo bike deliveries to businesses in the Allston neighborhood – a first in ... -
Officials identify preferred location to build new Cuyahoga County Jail and vote on property next week
CLEVELAND, Ohio — Cuyahoga County officials overseeing plans to build a new jail have named a preferred site about 3.6 miles southeast of its current location. ... -
Russian-Ukrainian peace talks boost Asian markets
(RTTNews) – Asian stock markets are mostly higher on Wednesday following broadly positive signals from Wall Street overnight, extending momentum with support from tech and financial ... -
Shanghai lockdown – severe impact on trucking, warehouses closed
As the world’s largest container port remains operational, inland logistics operations are feeling the impact of China’s latest lockdown that is forcing 25 million people to ... -
Iran begins COVID vaccine exports, first shipment to Nicaragua
The file photo shows vials of Iranian-made coronavirus vaccines made by the SHIFA company. Iran began exporting coronavirus vaccines just six months after it was forced ... -
Freight Lines Group acquires the transport branch
Freight Lines Group (FLG) has acquired the defined operations of an independent ... -
A brief history of Boeing’s wide-body freighter portfolio
March 2022 marks the 50th anniversary of Boeing’s delivery of its first jumbo jet. A Boeing 747-200 was delivered to Germany’s flag carrier Lufthansa on March ... -
PNC Financial Services Group, Inc. (NYSE: PNC) is expected to post earnings of $3.25 per share
Stock analysts expect The PNC Financial Services Group, Inc. (NYSE:PNC – Get a rating) to report earnings per share of $3.33 for the current fiscal quarter, ... -
Women In Trucking Association names Arnold Driver of the Year 2022 | News
Congratulation to Peggy Arnoldcompany driver at Yellow Corporation, for being named 2022 Driver of the Year, an award sponsored by Walmart. LOUISVILLE, Ky., March 26, 2022 ... -
Port Canaveral begins work on renovated cargo wharf to increase capacity
North Cargo Berth 3 is being rebuilt to replace an outdated berth (Canaveral Port Authority) Posted on March 25, 2022 at 8:48 p.m. ... -
Sarbananda Sonowal : Execution of ₹45,000 crore 29 projects : Sarbananda Sonowal
The efficiency of major ports has improved significantly, reflected in reduced container turnaround times, Ports, Shipping and Waterways Minister Sarbananda Sonowal said on Friday. “The delivery ... -
At FedEx, will a new person wear the CEO crown?
Business succession plans can be complex creatures. At FedEx Corp., a $90 billion company run by its founder for 51 years, that’s even truer. But the ... -
Buy Now, Pay Later and Earn Money as Families Struggle Financially
“Often it’s essential expenses like household bills and utilities, and even food. The problem with payday loans is that they tend to make the person worse ... -
Trucker Path launches dispatcher service
Chris Oliver, Marketing Director of Trucker Path, announces the company’s dispatch service Thursday, March 24 at the Mid-America Trucking Show in Louisville, Ky. (Photo by Mark ... -
Alaska Air: Cargo Expands Freighter Fleet with Addition of Two Aircraft
Five Dedicated 737 Freighters to Meet Freight Demand on the Alaska System NEW YORK – Alaska Air Cargo today announced the addition of two Boeing 737-800s ... -
Portman applauds announcement of nearly $3 billion in grants for road, bridge, port, rail and other transportation projects
Funding made available through the bipartisan Portman Infrastructure Investment and Jobs Act March 23, 2022 | Press Releases WASHINGTON DC. – Today, US Senator Rob Portman ... -
Air Cargo Transportation Services Market Size, Share and Trends 2022-2028, Key Players Forecast
The Global Air Cargo Transportation Services Market The report emphasizes on a detailed understanding of some crucial factors such as size, share, sales, forecasted trends, supply, ... -
Brokerages expect Fulton Financial Co. (NASDAQ:FULT) to report earnings per share of $0.31
Equity research analysts predict that Fulton Financial Co. (NASDAQ:FULT – Get a rating) will report earnings of $0.31 per share for the current fiscal quarter, according ... -
Bad factoring deals trap truckers – our latest podcast
Some specific finance companies are preying on small hauliers, trapping them in deals and factoring deals that can be very damaging financially – and impossible to ... -
Amazon’s NKY cargo hub dumps 1,700 gallons of jet fuel
HEBRON, Ky. – The Kentucky Energy and Environment Cabinet says a faulty valve caused a jet fuel spill at Amazon Inc.’s air cargo hub at CVG ... -
How many shares of Genco Shipping & Trading Limited (NYSE: GNK) do institutions own?
The large shareholder groups of Genco Shipping & Trading Limited (NYSE: GNK) have power over the company. Insiders often own a large portion of younger, smaller ... -
The Future of Air New Zealand Calibrated Cargo
Air New Zealand recently reported a substantial interim financial loss for the 12 months ending March 31 – not surprising given the impact of the pandemic ... -
PacWest Bancorp (NASDAQ:PACW) Receives Consensus “Buy” Rating from Brokerages
PacWest Bancorp (NASDAQ: PACW – Get a rating) received an average “Buy” rating from the eight brokerages that currently cover the stock, Marketbeat.com reports. One analyst ... -
Shipping companies and truckers increase survival fees – Manila Bulletin
Shipping companies said they were raising freight rates by 25% while truckers by 30% citing the ‘survival’ issue amid continued losses on the high cost of ... -
I bought a pallet of lost goods
A WOMAN has revealed how she bagged thousands of goods after buying a lost freight pallet. Ashley is a full-time mum and eBay seller in the ... -
Russia regroups to attack Kyiv as it tightens its grip on Mariupol
Russia is regrouping its forces for a new offensive on the Ukrainian capital kyiv, according to Ukrainian military officials, as it seeks to cut off the ... -
Bill would cap how much families can sue in truck crashes
CEDAR RAPIDS, Iowa (KCRG) – “There is no other area of law in Iowa where there is such a limit; it’s an exclusion for the trucking ... -
Air Freight Shippers: “Think Transportation Before Manufacturing”
By Alex Lennane 03/17/2022 Shippers will have to factor in the lack of large planes during their manufacturing processes, a charter broker warned today. The loss ... -
First and Last Mile Delivery Market Size and Forecast
New Jersey, United States,- The latest report published by Verified Market Research Reports shows that the First and last mile delivery market is expected to grow ... -
ARPC unveils €150 million plan to transform a French regional airport into an all-cargo hub
By Stuart Todd in France 03/16/2022 French logistics property developer APRC has unveiled a €150 million project to transform Albert Picardie Airport, near Amiens, into one ... -
Flushing Financial Co. (NASDAQ:FFIC) Short Interest Up 24.8% in February
Flushing Financial Co. (NASDAQ: FFIC – Get a rating) benefited from significant growth in short interest during the month of February. As of February 28, there ... -
Police: Man sets fire to and kills his ex-girlfriend at his workplace in St. Paul, then burns down his Bloomington home
A man set fire to and killed his former girlfriend at her St. Paul workplace on Tuesday morning, then drove to her unoccupied home in Bloomington ... -
Freighter runs aground in Chesapeake Bay; ongoing efforts to bail out
Freighter runs aground in Chesapeake Bay; ongoing efforts to bail out The US Coast Guard said efforts were underway to refloat a 1,000ft container ship that ... -
Thales wins contract to improve operational efficiency at Milan Linate and Malpensa airports
Content of the article PARIS, LA DEFENSE — Thales will provide SEA with a digital platform for its airport operations centers in Milano Linate and Milano ... -
Everything you always wanted to know about ULDs
Air cargo and freight is a massive industry worth over $120 billion in 2021 and growing. Cargo is transported with dedicated cargo planes and airlines, but ... -
Manhattan Bridge Capital (NASDAQ:LOAN) Reports Earnings Results, Misses Estimates of $0.01 per EPS
Manhattan Bridge Capital (NASDAQ: LOAN – Get a rating) released its financial results on Friday. The credit services provider reported EPS of $0.09 for the quarter, ... -
Trucksters raises 8 million euros to help truckers spend more nights at home
“What is difficult in my job is that we can often get away from my family,” explains Atila, a truck driver for four years, who does ... -
That’s why America doesn’t get the Volkswagen ID. Buzz Cargo
After years of anticipation and hype, the Volkswagen ID Buzz has finally arrived in production form. Several variants will be available, but initially a short-wheelbase 5-passenger ... -
Road Freight Transportation Services Market Trends by 2026 with Major Key Players – Swift Transportation, YRC Worldwide, JB Hunt Transport Services, FedEx Freight, Schneider National and UPS
This Global Road Freight Transport Service Market is an attempt to analyze the global opportunities in the field of the worldwide industry, its present capabilities and ... -
Argentina now has a low-cost cargo airline: Flybondi Cargas
Argentinian low-cost airline Flybondi will launch a new cargo airline, called Flybondi Cargas, seeking access to the booming cargo market. Flybondi has partnered with FLY CARGO, ... -
Apollo Commercial Real Estate Finance (NYSE:ARI) cut to sell at Zacks Investment Research
Apollo Commercial Real Estate Finance (NYSE:ARI – Get a rating) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a ... -
A “Freedom Convoy” that we can all support: Send the truckers to Russia!
In any negotiation aimed at ending Vladimir Putin’s unprovoked terrorist war against the Ukrainian people, can we add one small demand: that he open his borders ... -
Freight company employee dies, colleague shot
A cargo delivery worker dies while his colleague was injured after being shot by two unidentified suspects at Barangay Mansilingan in Bacolod City yesterday March 11. ... -
Port Recognizes Washington Legislature for Progress on Climate, Labor and Freight Mobility
The Port of Seattle’s priorities for reducing carbon emissions, workforce training and education, and freight mobility made major strides in this Washington state legislative session. year. ... -
Horner more concerned about F1 budget cap than Mercedes car
Red Bull team principal Christian Horner sees nothing illegal in the new Mercedes car, and is far more concerned about the impact of Formula 1’s budget ... -
Business News | Stock and Equity Market News | Financial news
Search mutual fund quotes, news, net asset values Tata ... -
Decisiv announces new maintenance management services – Maintenance
The new Decisiv apps for fleets help manage internal and external maintenance and repair activities. Image: decisive Citing the need for smoother, more ... -
Landlocked Africa Seeks Competitive Rates and Sustained Air Cargo Capacity
Intra-African trade will boost air freight and associated handling opportunities. Picture – NAC2000 By Keith Mwanalushi 03/10/2022 An increasingly competitive landscape and high airfreight costs have ... -
The Mass. awards $5 million for clean transportation projects
The Baker-Polito administration announced $5 million in grants for 10 projects that will help disadvantaged communities advance clean and equitable transportation projects. Reducing emissions is the ... -
Alternative Lending Market Grows Rapidly at 5.3% CAGR, Driven by Minimum Interest Rate and Rise of Innovative Operating Models to 2028 | million ideas
“Million Insights – World’s Fastest Growing Market Research Database” According to a new report available with Million Insights, the global alternative lending industry will witness increased ... -
High gas prices mean an increase in the number of subway users and a possible decrease in the number of truck drivers
ST. LOUIS — That’s what everyone is talking about these days — the price of gasoline. For those refueling their semis out of pocket, the prices ... -
Humanitarian freight will always go
Humanitarian cargo will continue to flow and the humanitarian corridors will work no matter what. Ukrainian President Volodymyr Zelensky said so in his evening address to ... -
Ethiopian Partners with Air Djibouti & IDIPO for New Sea-Air Transportation
Ethiopian Airlines has signed a strategic partnership agreement to jointly launch sea-to-air multimodal transportation with International Djibouti Industrial Park Operation (IDIPO) and Air Djibouti for rapid ... -
Air cargo helps Finnair restore some Asian services by flying over Russia
High freight rates are allowing Finnair to restore several long-haul passenger flights to Asia despite the added cost of detouring around Russia after the country closed ... -
Months after big funding round, Touchlight signs supply deal for Versameb pipeline – Endpoints News
A UK based CDMO landed a supply contract with Versameb to contribute its doggie DNA to the company’s pipeline, including for its lead candidate to treat ... -
Mitchell 1 Launches Workshop Tools for ADAS and Electric Trucks – Maintenance
Mitchell 1 announced at TMC a new suite of time tracking features for shops that service Class 4-8 trucks Source: Mitchell1 Mitchell 1 ... -
WATCH: Man dives into water and narrowly avoids being mowed down by 200,000 tonne CARGO
Moment the man narrowly avoids being run over by a 200,000 tonne CARGO in Southampton after his dinghy’s engine failed The man had been out on ... -
The center accepts Rs 155 crore for the construction of 47 vessels
The Center has approved financial assistance for 47 vessels amounting to ₹155 crore under the Shipbuilding Financial Assistance (SBFA) policy. The total contract value of these ... -
Teleport live on WebCargo
(PHOTO: Air Asia) Teleport, the logistics business of Capital A (formerly AirAsia Group) will soon go live on WebCargo, enabling easier and faster digital access to ... -
Citizens Holding Plans Quarterly Dividend of $0.24 (NASDAQ: CIZN)
Citizens holding (NASDAQ:CIZN- Get a rating) declared a quarterly dividend on Wednesday, March 2 Zacks reports. Investors of record on Thursday, March 17 will receive a ... -
Convoys of truckers converge in Hagerstown, prepare to head to DC
Several convoys of truckers, from across the country, converged in western Maryland on Friday with plans to head to the DC area over the weekend. HAGERSTOWN, ... -
ElectraMeccanica corrects the announcement regarding the order of the SOLO Cargo fleet of 20 units
Electra Meccanica Vehicle Corp. VANCOUVER, British Columbia, March 04, 2022 (GLOBE NEWSWIRE) — ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO) (“ElectraMeccanica” or the “Company”), a designer and manufacturer ... -
New Funding to Improve Transportation and Security at Military Installations in Cumberland and Philadelphia Counties
Governor Tom Wolf today announced that new funding has been provided through the Pennsylvania Military Community Enhancement Commission (PMCEC) to help make transportation and security improvements ... -
Grocery overview: targeting F&B levers
Target is leveraging its e-commerce strength in grocery to drive overall company growth. In a call with analysts Tuesday (March 1) discussing the retailer’s fourth quarter ... -
The Hidden Costs of Kinross’ Ore Trucking Plan | Letters to the Editor
The Hidden Costs of the Kinross Ore Trucking Plan To the Editor: Kinross is transitioning from a socially responsible company we’ve come to trust over the ... -
First cargo airline gets green light from aviation authority
By Anh Tu March 2, 2022 | 10:12 p.m. PT Johnathan Hanh Nguyen, Chairman of IPPG and IPP Air Cargo. Photo by VnExpress/Xuan Ngoc The Civil ... -
Iberia resumes taking delivery of new aircraft
Iberia starts taking delivery of new aircraft again | Aviation Week Network https://aviationweek.com/themes/custom/particle/dist/app-drupal/assets/awn-logo.svg Skip to main content Credit: Iberia Iberia, a member of International Airlines Group ... -
Shippers considering tougher penalties cancel China-Europe rail reservations
Shippers are canceling China-Europe rail freight bookings amid intense speculation that sanctions could prevent freight from passing through Russia. According to Scan Global Logistics, China-Europe rail ... -
StockNews.com launches coverage on Middlefield Banc (NASDAQ: MBCN)
StockNews.com began to cover the shares of Middlefield Bank (NASDAQ: MBCN – Get a rating) in a research report released Wednesday. The brokerage has placed a ... -
Trucking Groups Urge Secretary Buttigieg to Address Safe Parking Space Shortage | 2022-03-01
Washington – Saying “safety is compromised when truck parking isn’t readily available,” leaders from the American Trucking Associations and Owner-Operator Independent Drivers Association are calling on ... -
ElectraMeccanica Announces Initial Order of 20 SOLO Cargo Fleet Units from Pelican Food Concepts, a Mountain Mike’s Pizza Franchisee
Vancouver, British Columbia – ElectraMeccanica Corp. Vehicles (NASDAQ: SOLO) (“ElectraMeccanica” or the “Company”), a designer and manufacturer of electric vehicles revolutionizing the urban driving experience, today ... -
AD Ports Group acquires Divetech Marine Engineering Services
AD Ports Group has announced the acquisition of Divetech Marine Engineering Services, a UAE-based subsea surface solutions provider that offers a range of services including installation, ...
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