A significant section of the Francis Scott Key Bridge in Baltimore collapsed early Tuesday morning, after a container ship collided with it. The incident led to vehicles falling into the water, initiated a large-scale search and rescue operation, and has serious implications for one of the busiest ports on the U.S. East Coast. The Maryland…
In Maersk’s press release last week about a new warehousing facility in Tijuana, Mexico, one line stood out. It was sandwiched between a list of value-added services offered and a paragraph about the facility’s sustainable energy practices and certifications. “Alternatively, it could operate [fulfillment or e-fulfillment] operations into the United States, leveraging the Section 321…
For months, the weekly Department of Energy/Energy Information Administration average retail diesel price has been marked by moves that, except for once, always were at least 1 cent up or down. But reflecting the current state of a market that has swung in a relatively tight range for several weeks, the price used for most…
U.S. Customs and Border Protection officers in Cincinnati recently seized 90 fake championship rings for professional and collegiate sports teams in Missouri and Kansas. Had the rings been genuine, they would have been worth $2.71 million, according to the agency. The shipment seized on March 21 contained rings with trademarks of the NFL, NCAA and…
My Freighter, a startup cargo airline based in Tashkent, Uzbekistan, has received its third Boeing 767-300 converted freighter from Air Transport Services Group, the U.S. leasing and aviation services company announced on Monday. My Freighter took delivery of its first 767-300 in early November. ATSG (NASDAQ: ATSG) sends the former passenger aircraft to airframe repair…