The Port of Seattle Commission authorized the port’s annual budget and plan of finance yesterday, approving nearly $500 million in capital projects and maintaining the agency’s tax levy at $73.5 million.

A slight surge in air cargo demand has some industry analysts predicting a prolonged rebound.

In a unique regional act of cooperation, harbor commissioners from Los Angeles and Long Beach came together for a special joint session yesterday, approving a new version of the San Pedro Bay Ports Clean Air Action Plan

Four organizations have signed a letter of intent committing to work towards the formation of an industry advisory group to ensure the air cargo industry has a strong, unified voice in its dealings with worldwide regulatory authorities and other bodies.

A.P. Moller-Maersk has indicated that ocean cargo rates are not only firming up, but will remain robust in the coming year

Prior to this week’s G20 Summit in Seoul, Korea, the Washington, D.C.-based Airforwarders Association (AfA) sent a letter to President Barack Obama replete with suggestions on how the Administration could best work on making improvements and changes to air cargo security processes in light of the October attempts by terrorists to send explosives originating from Yemen to the United States on cargo and passenger planes.

While unemployment remained high and foreclosures were on the rise, California’s exporters turned in another strong performance in September.

In a move that was widely anticipated, the European Commission imposed heavy fines on eleven air cargo carriers today for price fixing

While the world’s airlines are posting an impressive revenue rebound, air cargo analysts claim that volatility caused by too little or too much capacity in the market has resulted in wide swings in rates and overall carrier performance.

Law 154, which imposes a discriminatory tax on multinational companies operating in Puerto Rico, may pose serious consequences for shippers, said The National Association of Manufacturers