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Due to construction challenges and severe 2014 winter weather, the deck raising will now be completed in late 2017, with entire project to be completed in mid 2019, according to the Port Authority of New York and New Jersey.
Cathay Pacific Cargo and Emirates SkyCargo announced they will both add one additional flight to Ohio's cargo-dedicated Rickenbacker International Airport in October.
The Japanese liner company took delivery of Japan's first LNG-fueled tugboat Aug. 31, which will primarily operate at the ports of Yokohama and Kawasaki.
Just prior to announcing the board of TNT Express had approved its sale to FedEx, the company issued an investor alert warning shareholders that third quarter 2015 profits would be “materially lower” than in the third quarter of 2014.
A massive influx of refugees fleeing the war in Syria has resulted in increased wait times at border crossings and reduced volumes for trucking carriers, according to the International Air Cargo Association.
The TPP agreement, which includes the United States and 11 other countries in the Pacific Rim and the Americas, covers a range of industries and promises to reduce or eliminate tariffs and quotas on numerous products.