Swimming against SPAC tide, Freightos goes public on Nasdaq 

googletag.cmd.push(function() { var gptSlot = googletag.defineSlot(‘/21776187881/FW-Responsive-Main_Content-Slot1’, [[728, 90], [468, 60], [300, 100], [320, 50]], ‘div-gpt-ad-b1-i-fw-ad-1’).defineSizeMapping(gptSizeMaps.banner1).setCollapseEmptyDiv(true).addService(googletag.pubads());
gptAdSlots.push(gptSlot);
});

googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-b1-i-fw-ad-1’); });

Freightos, a digital freight marketplace that instantly connects ocean, air and truck carriers with...

https://www.freightwaves.com/news/swimming-against-spac-tide-freightos-goes-public-on-nasdaq

Air cargo shippers seek short-term pricing amid economic uncertainty

googletag.cmd.push(function() { var gptSlot = googletag.defineSlot(‘/21776187881/FW-Responsive-Main_Content-Slot1’, [[728, 90], [468, 60], [300, 100], [320, 50]], ‘div-gpt-ad-b1-i-fw-ad-1’).defineSizeMapping(gptSizeMaps.banner1).setCollapseEmptyDiv(true).addService(googletag.pubads());
gptAdSlots.push(gptSlot);
});

googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-b1-i-fw-ad-1’); });

Logistics companies are responding to continued weakness in airfreight demand by shifting away from...

https://www.freightwaves.com/news/air-cargo-shippers-seek-short-term-pricing-amid-economic-uncertainty

California, US DOT to coordinate on major freight infrastructure projects

A bridge under construction.

The U.S. Department of Transportation and California have formed a strategic partnership to help facilitate new freight projects and financing opportunities for multibillion-dollar infrastructure improvements in the state that enable goods movement nationwide.

The agreement focuses on addressing long-term structural issues that have contributed to the supply chain bottlenecks being felt around the nation this year amid record import demand and operational breakdowns at every stage within the...

https://www.freightwaves.com/news/california-us-dot-to-coordinate-on-major-freight-infrastructure-projects

Rent-a-ship: Costco hires vessels for urgent deliveries

Front entrance to Costco Wholesale store.

Add Costco Wholesale Corp. to the list of desperate retailers renting entire vessels to  bypass clogged ocean shipping networks and avoid stockouts of popular items as the Christmas shopping season quickly approaches.

The Issaquah, Washington-based company has chartered three small ocean vessels for a year and leased several thousand containers to move export merchandise from Asia to the U.S. and Canada, Chief Financial Officer Richard Galanti said during Thursday’s fourth-quarter earnings call...

https://www.freightwaves.com/news/rent-a-ship-costco-hires-vessels-for-urgent-deliveries

Pending Belarus sanctions could complicate East-West freight moves

A jumbo jet takes off into a gray sky. View from behind.

An industry group focused on international trade is warning that air and rail freight transportation could be negatively impacted if tensions escalate between Western allies and Belarus over the forced landing of a passenger jet and the arrest of a dissident journalist last month.

Airline industry officials say the impact on operations from changing flight patterns over Belarus has been minimal so far. But the situation could change if new sanctions are imposed and Belarus retaliates. 

The...

https://www.freightwaves.com/news/pending-belarus-sanctions-could-complicate-east-west-freight-moves

The flying flexible people freighter: Meet the FlexCombi

A white Boeing 737 with blue tail sitting on tarmac on bright sunny day with big cargo door open. Pemco is converting these planes into freighters.

The combi-aircraft is the centaur of aviation. Like the mythological figure it’s a rare find, but it still serves a purpose in certain parts of the world.

Now Pemco Conversions, a subsidiary of aircraft leasing and cargo transport provider Air Transport Services Group (NASDAQ: ATSG), is taking the half-passenger, half-cargo concept to the next level.

The dual-use plane is called a FlexCombi — the ultimate in flexibility. 

It’s a Boeing 737-700 passenger plane converted to a cargo configuration,...

https://s29755.pcdn.co/news/the-flying-flexible-people-freighter-meet-the-flexcombi

FreightWaves Flashback 1960: Inadequate Bridges Hamper All Transportation in U.S.

The many industries that make up the world of freight have undergone tremendous change over the past several decades. Each Friday, FreightWaves explores the archives of American Shipper’s nearly 70-year-old collection of shipping and maritime publications to showcase interesting freight stories of long ago.

The following is an excerpt from the June 1960 edition of The Jacksonville Seafarer.

“Their lives are in jeopardy.” Those simple words were once used by a black schoolteacher appealing to her...

https://s29755.pcdn.co/news/freightwaves-flashback-1960-inadequate-bridges-hamper-all-transportation-in-u-s