A monthly supply chain survey registered a neutral reading for transportation capacity in June, the first time in more than two years the index didn’t expand. Sentiment around transportation pricing signaled growth for a second consecutive month. The Logistics Managers’ Index (LMI) displayed a 50 reading for capacity in June. The last nongrowth reading on…
Turkish Airlines has ordered four 777 freighter aircraft to help meet growth expectations for the world’s seventh-largest cargo airline by traffic carried, Boeing (NYSE: BA) announced on Tuesday. When the deliveries are completed, Turkish Cargo will operate 12 777 cargo jets. The announcement did not provide a delivery schedule. Turkish Airlines said it is responding…
The U.S. Department of Transportation has announced $1.8 billion in funding for projects that address the country’s aging infrastructure. The money comes from the Rebuilding American Infrastructure with Sustainability and Equity grant program, which benefits projects related to transportation and the supply chain. The funds were given to projects of local and regional importance. “Through…
Christmas in July isn’t just for the Hallmark Channel anymore. It’s the beginning of the Tennessee Trucking Association’s annual Haulin’ for the Holidays fundraiser. Haulin’ for the Holidays is a statewide initiative by the Tennessee Trucking Foundation and the Young Professionals Council to partner with TTA members and local charities to make holidays brighter for Tennessee…
DHL Express has added Northern Air Cargo to its portfolio of contractors that connect air hubs and local parcel distribution centers within its air network. Northern Air Cargo, which serves communities in Alaska from its base in Anchorage and also operates freighter aircraft on behalf of sister companies Aloha Air Cargo and Miami-based StratAir, began…