The Port of New Orleans announced Tuesday that President and CEO Brandy D. Christian will step down in June to pursue an opportunity in the private sector. Christian has served as president and CEO since January 2017, as well as the CEO of the New Orleans Public Belt Railroad (NOPB) since its acquisition by the…
U.S. Customs and Border Protection officers seized nearly $500,000 worth of cocaine squirreled away in a semitruck hauling cotton candy in Texas. Authorities found the drugs Thursday at World Trade Bridge in Laredo when an officer referred a truck hauling a shipment of cotton candy for secondary inspection, the agency announced in a news release….
Less-than-truckload carrier Saia announced its new chief financial officer Tuesday. Internal hire Matthew Batteh has assumed the role effective immediately. Batteh succeeds Doug Col, who announced his retirement last month in conjunction with the company’s first-quarter results. Col has served as CFO since the beginning of 2020. He will remain with the company through the…
Conventional thinking suggests the unexpected strength of the air cargo market so far this year is ready to cool off for the summer, as freight activity normally does each year. It’s not happening — yet. Global airfreight volumes didn’t subside after China’s Lunar New Year holiday in February, as many industry professionals anticipated, and are…
With the benchmark diesel price used for most fuel surcharges down for the fifth week in a row, diesel consumers should be reveling in the fact that market trends appear to have completely thrown out concerns about the Middle East conflict and are focused on the markets for both diesel and gasoline as primary drivers….