Author: Michael K. Davidson
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Arizona is home to the “revolutionary technology, evolutionary pace” of autonomous trucking
Arizona’s generally dry climate and, at times, predictable traffic patterns are the main reasons autonomous vehicle makers are testing their technology on our roads. This same ... -
Pakistan’s cargo industry in despair due to rising fuel prices and suspension of large-scale international flights
Pakistan’s shipping and cargo industry has faced turmoil since the outbreak of COVID-19, but the large-scale suspension of international flights and soaring fuel prices have further ... -
A naval officer provides an update on the construction of the USS Harrisburg
One of the US Navy’s newest ships with ties to the Pennsylvania capital is set to be christened in 2024. Rear Admiral Thomas Anderson visited the ... -
Samoa’s largest all-local fishing company strives to restore exports post-COVID
Apia Export Fish Packers, a Samoa-based tuna fishing company that employs only local residents, is struggling to get back into the export game post-COVID. Apia Export ... -
AFC Gamma, Inc. (NASDAQ:AFCG) Short Interest Up 9.6% in August
AFC Gamma, Inc. (NASDAQ: AFCG – Get a rating) was the target of a significant increase in short interest in August. As of August 31, there ... -
The witch hunt for the cop who donated to the revenge-driven Freedom Convoy
If politicians and police forces don’t want to see a repeat of this winter’s protest in Ottawa, they would be well served to step back and ... -
Authorities intervene to free crew of cargo ship stuck in Kaohsiung port
Kaohsiung, Sep 18 (CNA) The crew of a cargo ship docked at Kaohsiung Port who have not been able to leave the ship for more than ... -
Suez Canal will increase transit fees by 10-15% from January 2023 amid global inflation – Urban and transport – Egypt
New increase in Suez Canal fees According to an official statement on Saturday, the SCA said transit fees would increase by 15% for all types of ... -
irasia.com – Cathay Pacific Airways Limited
irasia.com – Cathay Pacific Airways Limited Cathay Pacific Airways Limited For immediate release September 16, 2022 Cathay Pacific releases traffic figures for August 2022 Cathay Pacific ... -
Ladder Capital Corp (NYSE: LADR) will issue a quarterly dividend of $0.23
Scale Capital Corp (NYSE: LADR- Get a rating) declared a quarterly dividend on Thursday, September 15, Zacks reports. Investors of record on Friday, September 30 will ... -
A $435 million deal is reached for USA Truck
The sale of Van Buren-based USA Truck to a German logistics company was completed Thursday morning and public trading in the company’s shares was halted. In ... -
Port of Los Angeles cargo volume declines in August
After record cargo volume in 2021 and the first half of 2022, the Port of Los Angeles reported in a Sept. 15 presentation that the surge ... -
Global shipping companies now also want to fly their goods
French company CMA CGM launched its air cargo division in March 2021. Urbanandsport | Nurphoto | Getty Images Ocean freight companies are adding air freight to ... -
Potential rail strike could impact Cincinnati consumers
Amtrak is canceling long-distance routes Thursday ahead of an impending strike. If Friday derails the country, trucking will gain prominence. But with a shortage of 80,000 ... -
Bank of America Co. (NYSE:BAC) Receives Consensus “Moderate Buy” Recommendation from Analysts
Shares of Bank of America Co. (NYSE:BAC) received a consensus “moderate buy” rating from the twenty research companies that currently cover the business, Marketbeat reports. Five ... -
Dream Chaser aims to deliver US military cargo in 3 hours
Dream Chaser envisions high-speed expeditions for the military into space. Sierra Space, which is developing the shuttle-like Dream Chaser spacecraft for cargo deliveries and potential astronaut ... -
More reactions to the draft report of the Productivity Commission
ANOTHER outpouring of responses to the Productivity Commission’s draft report follows a pattern of relief and frustration voiced on the day of its release. The draft ... -
Ethiopian Airlines adds its first Boeing 767 freighters
Ethiopian Airlines is leasing three Boeing 767 freighters to augment its rapidly growing all-cargo fleet as it pursues a strategic roadmap to grow the cargo division ... -
Navi Tech to tap IPO market to raise ₹3,350 cr
Navi Technologies, led by Sachin Bansal, has received approval from SEBI to raise ₹3,350 crore through a new equity issue in the primary market. Former Flipkart ... -
Ambitious policies needed to promote zero-emission trucking: report
New Delhi: Ambitious policies are needed to boost supply and demand for electric trucks to promote zero-carbon trucking, according to a report prepared jointly by federal ... -
Why Ontario International Airport in California is such an important cargo hub
Recognized as a promising “alternative” to other nearby hubs, Ontario International Airport (ONT) is one of the fastest growing in the world and a major source ... -
Vietravel Airlines named Asia’s Best New Airline at World Travel Awards
LONDON – In the past two days, Vietnam’s newest carrier, Vietravel Airlines, announced that it had been named Asia’s Best New Airline. At the same time, ... -
ED seizes Rs 7 Crore in raids on mobile gaming company in money laundering case
The Law Enforcement (ED) Directorate on Saturday seized more than Rs 7 crore in cash during raids on the promoters of a mobile game company in ... -
Niti Report, Auto News, ET Auto
According to the report, transportation costs are a major driver (62%) of overall logistics costs in India, accounting for 14% of Indian GDP. New Delhi: India’s ... -
Freight flow in transit through Azerbaijan up 47% [PHOTO]
By Ayya Lmahamad The flow of transit cargo through Azerbaijan increased by 47% in the period from January to August 2022, Deputy Prime Minister Shahin Mustafayev ... -
Rolls-Royce to launch Mtu marine engines in 2023 for sustainable fuel
Posted on September 9, 2022 at 10:06 a.m. by The Maritime Executive Rolls-Royce is taking another step on the path to climate-neutral shipping with the approval ... -
Canada Looks Abroad to Help Ease Trucker Shortage
Canada’s trucking industry – which is short by thousands of truckers – could be boosted by the fact that the government will soon allow truckers from ... -
Abu Dhabi’s Al Seer Marine targets $100m dry bulk cargo push
According to Guy Neivens, CEO of Al Seer Marine, said: “Analysis of market trends shows that the global dry bulk trade is growing, increasing the demand ... -
REX crowned Australian airline of the year
While Qantas dominates the news feeds for all the wrong reasons, Australia’s newest domestic airline, Rex, has won the Airline of the Year award. The first ... -
UP set to repeal money lending law
The Uttar Pradesh Regulation of Money-Lending Act, 1976 will very soon cease to exist in the state. The legal department is preparing a bill to repeal ... -
Freight tracking: the company sues FG for misappropriation of contract
A consultant responsible for implementing the Advance Cargo Reporting/Cargo Tracking Note scheme sued the federal government for alleged attempts to bring in other companies for the ... -
Northlanders ‘nervous’ amid warnings of heavy rain and 100mph gales
Residents of Northland are feeling ‘nervous’ as they prepare for heavy rain and gales of up to 100km/h on Monday. It comes after rain caused chaos ... -
California asks shipping companies to avoid shore power during heatwave
In an ironic twist, California officials are encouraging ocean-going ships not to plug into shore power for several days to reduce demand on the power grid ... -
Appreciating Gregg Turkington’s Appreciation of The Hobbit
The Hobbit: An Unexpected Journey (Screenshot: Youtube) and Gregg Turkington on On the cinema in the cinema (Screenshot: Youtube/Adult Swim) Chart: Rebecca Fassola The whole week, ... -
Man arrested after shooting truck driver in the chest for misbehavior, nearly running over his father
A man was arrested in Indiana earlier this week for an incident involving a truck driver who he says nearly ran over his father after driving ... -
UAE airline offers free cargo capacity for Pakistan flood relief
Emirates SkyCargo plane loaded with cargo in this undated file photo. DUBAI: Emirates SkyCargo is setting up an air bridge between Dubai and Pakistan to provide ... -
RUSCON has launched a new joint cargo delivery service from Turkey to Russia
The logistics operator RUSCON (belonging to the Delo group) has launched a new multimodal service for the joint delivery of cargo from Turkey to Russia via ... -
Salisbury Bancorp (NASDAQ:SAL) now covered by StockNews.com
The analysts of StockNews.com initiated a hedge on the shares of Salisbury Bancorp (NASDAQ:SAL – Get a rating) in a research note released Friday to investors. ... -
Is the biggest truck pre-purchase on the horizon? – Fleet management
Kenny Vieth, president and principal analyst at ACT Research, said that for the first time, new mandatory warranties will be the biggest driver of ... -
Sanctioned cargo failed to enter Georgia ports, JAMnews
Sanctioned cargo did not enter Georgian ports The Georgian Ministry of Economy said that no sanctioned ships or cargo entered Georgian ports. According to the Deputy ... -
The subsidiary of the giant Swiss Shipping Company MSC signs an agreement with Panama for job opportunities for Panamanian sailors
The world’s leading ship registry (Panama) with more than 8,500 ships registered under its flag and MSC Shipmanagement Limited, a subsidiary of shipping giant Mediterranean Shipping ... -
Air Canada highlights its ESG achievements and progress in its Corporate Sustainability Report Citizens of the World
2021 report details progress on environmental, community and employee initiatives MONTREAL, August 31, 2022 /CNW Telbec/ – Air Canada has launched the 2021 edition of Citizens ... -
Rithm Capital Corporation (NYSE:RITM) Receives Consensus “Moderate Buy” Rating from Analysts
Rithm Capital Corporation (NYSE: RITM – Get a rating) received a consensus “moderate buy” recommendation from the eight brokerages that cover the stock, Marketbeat reports. An ... -
Biden-Harris Administration Takes Steps To Get More Women In Trucking – Drivers
The Biden-Harris administration’s plan to strengthen the trucking industry includes the US DOT appointing members to the Women of Trucking Advisory Board. File photo: ... -
Arrested Vermishyan doubts whether to build a cargo on the border with Turkey
The persecution of Vahagn Vermishyan is exclusively politically motivated, he is being prosecuted for free expression of will in the government, dialogue with the prime minister, ... -
Transport Refrigerated Market Expected to Surpass US$23,317 Million Globally by 2027 | CAGR of 5.51%
The global refrigerated transport market supported by a growing demand for perishable products SHERIDAN, WYOMING, USA, August 29, 2022 /EINPresswire.com/ — IMARC Group’s latest report, titled ... -
Arrow Financial Co. (NASDAQ:AROW) Declares Quarterly Dividend of $0.27
Arrow Financial Co. (NASDAQ:AROW – Get a rating) announced a quarterly dividend on Wednesday, July 27, Zacks reports. Shareholders of record on Thursday, September 1 will ... -
Diesel prices are putting truckers ‘out of business’, freight body says
Martin Meissner/AP The difference in refining margins for gasoline and diesel has hit a new high, according to oil company Neste. A further spike in the ... -
Vietnam’s first cargo airline IPP Air Cargo plans to start November
IPP Air Cargo, Vietnam’s first cargo airline, is expected to begin operations as early as November. The airline is awaiting approval for different licenses from six ... -
Red River Bancshares, Inc. (NASDAQ:RRBI) expects quarterly dividend of $0.07
Red River Bancshares, Inc. (NASDAQ: RRBI – Get a rating) declared a quarterly dividend on Thursday, August 25, Zacks reports. Investors of record on Monday, September ... -
American Airlines Investment in ZeroAvia Further Validates Hydrogen Fuel Initiatives
American Airlines recently announcement that it invests in the world’s leading developer of hydrogen electric motors, ZeroAvia, now the largest airline with a financial stake in ... -
This couple from Alabama are ‘team truckers’ and travel the US together in an 18-wheeler
It’s not that common for people in a romantic relationship to work together, but that’s the reality of a couple named Cassie and Joe from Alabama. ... -
National freight transport via TRACECA up in 1H2022
By Ayya Lmahamad The volume of freight transport through the Azerbaijani section of the Transport Corridor Europe-Caucasus-Asia (TRACECA) increased by 19.3% and amounted to 24.2 million ... -
New transport partnership between UK and Ukraine to rebuild war-torn infrastructure
transport ministers from both countries sign historic joint action plan to help rebuild Ukraine’s transport network Ministry of Transportation provides funding, engineering expertise and vehicles UK ... -
Plans made for the inner port of Mojave Air and Space Port
MOJAVE, Calif. — Fifteen years after Los Angeles County launched an ultimately unrealized campaign to create an inland port in Palmdale, the Kern County Board of ... -
Tata Capital offers small business loans to help businesses stay afloat
Tata Capital, a leading finance provider, offers instant small business loans at attractive interest rates and structured EMI plans. Establishing and running a successful business is ... -
How to Avoid Trouble During Brake Safety Week – Maintenance
Brake Safety Week puts more emphasis on brake safety through targeted inspections. Are your brakes ready? Photo: CVSA Brake Safety Week kicked off ... -
Air Canada sees ‘great opportunity’ in expanded cargo service: CFO | New
Air Canada sees cargo transportation as a “great opportunity,” even after passengers returned to air travel after the industry’s two-year slump. The Montreal-based carrier is expanding ... -
Western Baltic Engineering unveils plans for first electric pusher
Lithuanian ship designer Western Baltic Engineering (WBE) is unveiling new designs for what it claims is the very first electric pusher vessel to be used on ... -
Point of view: The work year – knowing your worth
We all know that commerce doesn’t work without people, from the worker who makes the products to those who transport the coveted cargo. In recent months, ... -
Finnable now offers personal loans with no credit score
Bangalore, Karnataka, India: Finnable, one of India’s fastest growing financial startups, now offers no credit score loans. An individual can benefit from a Personal loan ... -
Truckers call for transport development bank
The Nigerian Road Transport Owners Association has called for the establishment of a transport development bank by the federal government to address the problem of rickety ... -
Is it really worth $3,800?
Of the handful of cargo e-bikes available on the market, the Cero One is one of the most versatile and rugged choices you can make. Its ... -
Strikes in the UK: How a strike at a major port could disrupt supplies of clothes, cars and canned food
The ability to move goods from point A to point B has been affected by COVID and Brexit related bottlenecks in recent years, as well as ... -
FTAI Transport Manager Seminar an essential resource for transport operators
The highly anticipated FTA Ireland Transport Managers Seminar, taking place at the Johnstown House Hotel in Enfield, County Meath on October 19, will be an essential ... -
Banco Macro (NYSE:BMA) cut to fit on StockNews.com
Macro Bank (NYSE: BMA – Get a rating) was downgraded by StockNews.com from a “buy” rating to a “hold” rating in a research note released Friday ... -
‘We got it’: Florida trucker arrested in 1996 for rape and murder of Michigan woman
GRAND RAPIDS, Mich. (WOOD) — It’s been nearly 26 years since a delivery driver came across a woman’s body wrapped in a blanket in southern Kent ... -
Global Air Cargo Container Market Expected to Grow 3.7% Per Year to 2027
DUBLIN, August 19, 2022 /PRNewswire/ — The report “Air Cargo Container Market: Global Industry Analysis, Trends, Market Size and Forecast to 2027” has been added to ... -
Transport Canada says most cruise ships reported complying with new sewage guidelines
The federal government says cruise ships operating in Canadian waters have largely complied with stricter sewage guidelines put in place this spring. However, critics say Transport ... -
Reserve Bank of India tightens grip on fraudulent Chinese loan apps
New Delhi: Chinese digital lending apps were using the loophole in regulatory guidelines to dupe Indian customers. As fintech companies were unlikely to get a new ... -
Carrier Transicold will standardize a more environmentally friendly refrigerant – Equipment
Later this year, next-generation R-452A refrigerant will become standard for new Carrier Transicold transport refrigeration units in North America. Photo: Carrier Transicold With ... -
‘Asean Express’ freight train service to be operational in October, offers competitive costs
BANGKOK (August 16): Export and import businesses in the region will have another mode of transport when the Asean Express tri-country freight train between Malaysia, Thailand ... -
GSBN expands Cargo Release rollout in Latin America
Cargo Release is a blockchain-enabled application offering a paperless and transparent solution connecting everyone involved at the port of import, including shipping companies, consignees, their agents ... -
MGIC Investment Co. (NYSE:MTG) Receives Average “Moderate Buy” Rating From Brokerages
MGIC Investment Co. (NYSE: MTG – Get a rating) earned a consensus rating of “moderate buy” from the seven ratings firms that currently cover the stock, ... -
‘With $350m in cargo on board, nothing could go wrong’ – Pierre Gasly reveals crazy flight was safe thanks to Max Verstappen
AlphaTauri driver Pierre Gasly reveals how Red Bull, including drivers Max Verstappen, took a rather risky flight after the 2022 Austrian GP. Max Verstappen is on ... -
The Dala Inland Dry Port and its impact on host communities
Friday, August 5, 2022 will go down in history as the day the Dala Inland Dry Port was officially declared a port of origin and destination ... -
The FTAI Transport Manager seminar makes a welcome return
The Freight Transport Association (FTAI) Transport Managers Seminar makes a welcome return on 19 October 2022, to be held at the Johnstown Estate Hotel, Enfield, County ... -
Signature Bank (NASDAQ:SBNY) Brief Interest Update
Signature Bank (NASDAQ: SBNY – Get a rating) was the target of a sharp drop in short interest during the month of July. As of July ... -
Alabama Trucking leader speaks at Irondale Chamber Luncheon
According to staff reports from The Tribune IRONDALE – The Greater Irondale Chamber of Commerce (GICC) held its monthly luncheon this week. (Left to right) Mark ... -
Jack Harlow puts a stylish finish on cargo pants with trainers for ‘Today’ – Footwear News
Jack Harlow is the latest artist to take the stage during Citi’s “Today’s” concert series. The 24-year-old rapper performed his chart-topping tracks ‘First Class’, ‘Whats Poppin’, ... -
How Benchmarking Platforms Help Businesses Reduce Shipping Costs
Shipping prices are much higher than they were before the pandemic. Giving businesses market rate transparency, or benchmarking, can help them cut costs. Tech tools like ... -
FreightWaves Classics: The Fairchild XC-120 Was Ahead of Its Time
FreightWaves Classics is sponsored by Sutton Transport, an LTL leader in the Midwest for over 40 years. Sutton Transport proudly serves Illinois, Minnesota, Missouri and Wisconsin. ... -
TriCo Bancshares (NASDAQ:TCBK) Receives Consensus ‘Moderate Buy’ Rating from Analysts
TriCo Bancshares (NASDAQ: TCBK – Get a rating) received an average “moderate buy” rating from the six brokerages that currently cover the business, Marketbeat.com reports. One ... -
Local trucking companies raise donations to help KY flood victims
Williamstown, West Virginia (WTAP) – In an effort to help those affected by flooding in Kentucky, two companies are teaming up to collect and deliver supplies. ... -
Two people in cargo robbery racket detained with home appliance worth ₹23 lakh
Kondhwa police have dismantled a well-organized interstate cargo theft racket involved in stealing expensive home appliances loaded from cargo trucks, officials said Wednesday. The defendants were ... -
EU seeks feedback on performance of exemption for liner shipping consortia
The European Commission has launched a call for submissions inviting comments on the performance of the EU legal framework which exempts liner shipping consortia from EU ... -
UPS to reduce surcharges on certain international services
Here’s something you don’t see every day, at least these days: a reduction in shipping costs. UPS Inc. said on a website Monday that it will ... -
US bank helps car dealerships provide instant financing
American bank can now provide loan funds to auto dealerships immediately after the bank finalizes a loan agreement, according to a Tuesday, August 9 Press release. ... -
Indiana Ports Test Use of Electric Trucks – Inside INdiana Business
Indiana Ports is testing battery-powered tractors at Burns Harbor. (courtesy of Indiana Ports) Indiana Ports is undergoing a pilot program to examine the use of heavy ... -
Harding Bridge: river erosion spotted near two pillars
Tue Aug 9 2022 12:00 AM Last updated on: Tue Aug 9 2022 12:02 AM River erosion is eating away at the banks at Sara and ... -
Freight Transportation Management System Market Trend | Industry Drivers and Status 2022 to 2031
Freight Transportation Management System Market to Exhibit Lucrative Growth Trends Over 2022-2031 Freight Transportation Management System Market Growth, Regions, Trends, Investments and Key Players (Descartes, Oracle, ... -
BCBS warns of real estate risks and leveraged loans
The pandemic and recent inflation have heightened concerns about credit risk. Supervisors observed high-risk and deficient lending practices. Access today Sign up for a 2 week ... -
‘Stranger Things’ Continues to Rise in Ratings, But Amazon Is Catching Eyes (NASDAQ:NFLX)
Frazer Harrison/Getty Images Entertainment Another week, yet several billion minutes streamed on one of the Netflix (NASDAQ: NFLX) the biggest hits, as it wrapped up its ... -
Cargo bikes carrying miniature vertical farms leave Edinburgh for a Scotland-wide tour, including a stop in Alness as part of the Dandelion scheme
Eilidh Graham sets off from Edinburgh on a cargo bike carrying a miniature vertical farm as part of Dandelion’s scheme to encourage people to ‘grow their ... -
Bamberg Airport plays a part in Aviation Week |
COLOMBIA – South Carolina Aviation Week runs from August 14-20. The South Carolina Aviation Association, in partnership with the South Carolina Aeronautics Commission, is celebrating this ... -
Rithm Capital Corporation (NYSE:RITM) Receives Average “Moderate Buy” Recommendation From Brokerages
Shares of Rithm Capital Corporation (NYSE: RITM – Get a rating) received a consensus “moderate buy” recommendation from the eight research firms that currently cover the ... -
Receiver scrambles to make truckers pay after CoreFund Capital abruptly shuts down
Court-appointed receiver Timothy Hassenger is scrambling to get hundreds of trucker accounts receivable paid nearly three weeks after a legal wrangle between brothers over the assets ... -
Low water levels mean the Rhine is days away from being closed for freight | Germany
The German Rhine, one of Europe’s main waterways, is days away from being closed to commercial traffic due to very low levels caused by drought, authorities ... -
How China’s military drills around Taiwan will disrupt global shipping
Nearly half of the world’s container ships cross the narrow Taiwan Strait, whose routes are a key artery for natural gas. Shipments to Taiwan and Japan ... -
ATSG continues to grow its freighter fleet thanks to the benefits of e-commerce
Air Transport Services Group, a provider of leased cargo aircraft and outsourced airline operations services, said Thursday that adjusted pretax profit rose 80% in the second ...
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