Freight News

• Chevron (CVX) Delivers First Offset-Paired LNG Cargo Shipment
  
  Chevron (CVX) delivers its first-ever shipment of offset-paired liquefied natural gas cargo to Taiwan.
  Zacks.  Friday, 7 Oct 2022.
• WATCH: Man staggers across railroad tracks before close call
  
  Surveillance footage shows a man staggering across railroad tracks just moments before a freight train comes through.
  ABC News.  Thursday, 6 Oct 2022.
• Air cargo rates slump but some companies see long-term strength
  
  Air freight is a tiny part of the overall cargo market, but it's been pushed to the forefront during the pandemic.
  CNBC.  Tuesday, 4 Oct 2022.
• Ocean freight orders are signaling a big drop in consumer demand
  
  Maritime shipping orders were down 20% in September and October looks similar as consumer demand drops and carriers cancel as many as half of vessels sailings.
  CNBC.  Monday, 3 Oct 2022.
• Air Force grounds over 100 cargo planes over defective propeller barrels that could CRACK
  
  The Air Force Mobility Command has confirmed it grounded a large number of its C-130 Hercules cargo planes over concerns that they were built with faulty propeller barrels.
  Daily Mail.  Saturday, 1 Oct 2022.
• NIKE (NKE) Q1 Earnings & Revenues Beat on Brand Strength
  
  NIKE's (NKE) Q1 results reflect gains from brand strength and robust consumer demand. Elevated freight and logistics costs, as well as unfavorable currency, are concerning.
  Zacks.  Friday, 30 Sep 2022.
• Better Stock to Buy Now: FedEx or UPS?
  
  Despite widespread macro headwinds, lucrative federal investments in the U.S. transportation infrastructure are expected to bode well for the freight and logistics industry, which possesses a significantly positive outlook. ...
  Entrepreneur.  Thursday, 29 Sep 2022.
• Northwest suburban mayors, first responders testify against massive railroad merger
  
  Fire and police chiefs have said the longer freight trains could also make it difficult for them to respond to emergencies while they wait to cross the tracks.
  ABC News.  Thursday, 29 Sep 2022.
• Cargo plane submerged nose-first in French lake
  
  An investigation is ongoing after the aircraft overshot the runway at Montpellier Airport.
  BBC News.  Tuesday, 27 Sep 2022.
• Plane overshoots runway and ends up in lake - forcing French airport to close 'indefinitely'
  
  An airport in France has been closed "indefinitely" after a cargo plane went too far on landing, with its front end finishing up in a lake.
  Sky News.  Saturday, 24 Sep 2022.
• Plane overshoots runway and ends up nose-down in lake forcing easyJet to cancel flights
  
  EasyJet was forced to cancel flights between London Gatwick and Montpellier in the south of France after a cargo plane overshot the runway and ended up nose-down in a lake adjacent to the airport
  Daily Mail.  Saturday, 24 Sep 2022.
• On summer's hottest days, Amazon workers brought their own thermometers
  
  During this month's historic heat wave, employees at Amazon's largest West Coast air freight facility were conducting their own workplace temperature checks.
  Los Angeles Times.  Wednesday, 21 Sep 2022.
• Migrating Borders osprey hitched a ride on cargo ships
  
  Researchers find the bird - which was tagged in the Borders - took an unusual route south to Spain.
  BBC News.  Tuesday, 20 Sep 2022.
• 9/9: CBSN AM
  
  Four crew members missing after cargo ship capsizes; Billy Bush returns to TV after lewd Trump video
  CBS News.  Monday, 19 Sep 2022.
• 9/11: CBSN AM
  
  Cargo plane crashes near Toldeo, Ohio; stranded family saved by message in a bottle
  CBS News.  Monday, 19 Sep 2022.

News Headlines and News Summaries