Port Houston has received $25 million in grant funding from the U.S. Department of Transportation’s Maritime Administration (MARAD). The grant, part of the Port Infrastructure Development Program (PIDP), will support Port Houston’s “Agriculture Export Improvement and Community Resilience Project.” This funding is aimed at improving the efficiency, safety, and resilience of port operations, while also benefiting the surrounding community in various ways. “This project will enhance the efficiency of U.S. grain exports, improve air quality by reducing dust and truck emissions, and benefit neighboring communities through stormwater improvements,” said Charlie Jenkins, Port Houston CEO.

Boeing’s 2024 World Air Cargo Forecast anticipates a doubling of global air cargo traffic by 2043, driven by a 4% annual growth rate. This robust outlook highlights the pivotal role of e-commerce and shifting supply chains in reshaping global trade logistics. Emerging markets, particularly in Asia, are set to propel demand, with express carrier traffic forecast to triple, underscoring the rising prominence of expedited delivery services. The global freighter fleet will expand significantly, growing from 2,340 aircraft in 2023 to an estimated 3,900 by 2043.

The Government Accountability Office (GAO) report titled Transportation Grants: Implementation of Recommendations to Improve Documentation Would Enhance Program for Large, Complex Projects critically examines the Department of Transportation’s (DOT) oversight of the National Infrastructure Project Assistance (Mega) discretionary grant program. Launched under the Infrastructure Investment and Jobs Act (IIJA) of 2021, the Mega program is aimed at funding large-scale, complex transportation initiatives that are expected to generate substantial national or regional economic, mobility, and safety benefits.

The IAA Transportation Show, to be held on Sep 17-22, 2024, in Hannover, Germany, is one of the world’s largest and most influential exhibitions dedicated to the future of mobility, transport, and logistics. It brings together global leaders in the automotive industry, suppliers, and innovators, showcasing the latest advancements in commercial vehicles, transportation solutions, and logistics technologies. The show highlights the convergence of digitization, automation, sustainability, and new forms of mobility that are transforming the global logistics landscape.

On July 19, 2024, a widespread technology outage caused by a faulty software update from cybersecurity firm CrowdStrike resulted in significant disruptions across various sectors, notably impacting airlines. Major U.S. carriers, including Delta, American, United, Allegiant, and Spirit Airlines, faced extensive delays and cancellations, leading to chaos at airports. Over the weekend, more than 7,500 flights were canceled and 32,500 flights were delayed. The situation was particularly severe for Delta Air Lines, which continued to cancel a significant number of flights even after other airlines had largely recovered from the disruption.

Boeing has announced an optimistic projection for the aviation industry’s future, forecasting a demand for nearly 44,000 new commercial airplanes by 2043. This growth is driven by the resurgence and surpassing of pre-pandemic air travel levels. As revealed at the Farnborough International Airshow, Boeing’s 2024 Commercial Market Outlook (CMO) anticipates a 3% increase in airplane deliveries over the next two decades. The report underscores that single-aisle airplanes will dominate, accounting for 76% of new deliveries, while nearly half of these will replace older, less fuel-efficient jets, enhancing sustainability.

BEAVERTON, Ore., July 17, 2024 - Spot truckload rates rose in June despite declines in the number of loads moved, said DAT Freight & Analytics, which operates the DAT One freight marketplace and DAT iQ data analytics service. The DAT Truckload Volume Index (TVI), an indicator of loads moved during a given month, retreated from all-time highs for van and refrigerated (“reefer”) loads in May: Van TVI: 266, down 9% month over month Reefer TVI: 199, down 11% Flatbed TVI: 279, down 7% Year over year, the van and flatbed TVI dipped 3% and 5%, respectively.

VIENNA, July 16, 2024 - Alpega is excited to announce the return of Connecta, the premier networking event in the European road transport sector, celebrating its 14th edition. Scheduled for October 10th and 11th, 2024, at the prestigious Marriott Auditorium Conference Center in Madrid, this year’s event promises to be the most comprehensive and impactful yet. Unparalleled Networking Opportunities With over 500 professionals from across Europe expected to attend, Connecta 2024 will offer unmatched networking opportunities.