FASA

President Donald Trump said the proposal would modernize air traffic control technology and lead to a more efficient aviation system, but opponents fear the proposal could hand over government assets and more power to the airline industry.

An NYC-area coalition has released a plan with 21 initiatives that the group says can help increase the volume of rail freight coming through the region.

Canadian logistics software provider Descartes reported revenues of $54.5 million during its latest fiscal quarter, up 11 percent year-over-year and 3 percent from the previous quarter.

The U.S. International Trade Commission has started an investigation into the probable effect of providing duty-free treatment to currently dutiable U.S. imported goods from Canada and Mexico.

The nation’s trade deficit in goods and services stood at $47.6 billion in April, a 5.2 percent increase from March, surpassing the $46.5 billion deficit projection of economists polled by financial news outlet MarketWatch.

A joint endeavor by DP World Australia, DB Schenker, Hamburg Sud, and wine producer IUS has resulted in the successful completion of a 8,100-kilometer trial run of new, military-grade TBSx3 blockchain technology.

The Atlanta-based parcel giant also unveiled plans to spend $180 million constructing a new package processing hub outside of Phoenix, Ariz.

The Canadian government will provide C$867 million (U.S. $643.1 million) in federal loans and loan guarantees to the country’s forestry industry as it battles U.S. countervailing duty measures against softwood lumber shipments bound for the United States.

The Federal Aviation Administration has proposed a $435,000 civil penalty against United Airlines for allegedly operating a plane that was not in airworthy condition.

Import and export operations at the Brazil seaport have been halted due to strong winds and rains, negatively affecting refrigerated cargo for many local and international shippers, reports Reuters news service.