Skip to content
Search AI Powered

Latest Stories

FAA invests $31 million in airport cargo projects

Grants to expand cargo infrastructure nationwide will help strengthen supply chains, transportation department says.

night-flight-g7e614b65f_640.jpg

The Federal Aviation Administration (FAA) has awarded more than $31 million in grants to expand cargo infrastructure at airports across the country, the Department of Transportation said this week.


“Every day, we rely on goods transported through our nation’s airports,” U.S. Transportation Secretary Pete Buttigieg said in a press release Tuesday. “Today’s announcement will make improvements at airports across our country so they can handle cargo more efficiently and help strengthen America’s supply chains.”

The grants will go toward construction, reconstruction, and design projects at nine airports: Chicago Rockford International Airport, Rockford, Ill.; Huntsville International Airport-Carl T. Jones Field in Huntsville, Ala.; Greenville-Spartanburg International Airport in Greer, South Carolina; Bishop International Airport in Flint, Mich.; Ted Stevens Anchorage International Airport; Seattle-Tacoma International Airport in Seattle, Wash.; Eugene F. Kranz Toledo Express Airport in Toledo, Ohio; Stockton Metropolitan Airport in Stockton, Calif.; and Rhode Island T.F. Green International Airport in Warwick, Rhode Island.

The largest award will go to Ted Stevens Anchorage International, where officials will receive more than $8 million to reconstruct the taxilane and rehabilitate the apron at the airport.

Funding for the projects comes from the Airport Improvement Program during fiscal year 2022. The program pays for a variety of projects, including construction of new and improved airport facilities, repairs to runways and taxiways, maintenance of airfield elements such as lighting or signs, and the purchase of equipment needed to operate and maintain airports, according to the FAA.

Recent

More Stories

screen shot of returns apps on different devices

Optoro: 69% of shoppers admit to “wardrobing” fraud

With returns now a routine part of the shopping journey, technology provider Optoro says a recent survey has identified four trends influencing shopper preferences and retailer priorities.

First, 54% of retailers are looking for ways to increase their financial recovery from returns. That’s because the cost to return a purchase averages 27% of the purchase price, which erases as much as 50% of the sales margin. But consumers have their own interests in mind: 76% of shoppers admit they’ve embellished or exaggerated the return reason to avoid a fee, a 39% increase from 2023 to 204.

Keep ReadingShow less

Featured

robots carry goods through a warehouse

Fortna: rethink your distribution strategy for 2025

Facing an evolving supply chain landscape in 2025, companies are being forced to rethink their distribution strategies to cope with challenges like rising cost pressures, persistent labor shortages, and the complexities of managing SKU proliferation.

But according to the systems integrator Fortna, businesses can remain competitive if they focus on five core areas:

Keep ReadingShow less
artistic image of a building roof

BCG: tariffs would accelerate change in global trade flows

Geopolitical rivalries, alliances, and aspirations are rewiring the global economy—and the imposition of new tariffs on foreign imports by the U.S. will accelerate that process, according to an analysis by Boston Consulting Group (BCG).

Without a broad increase in tariffs, world trade in goods will keep growing at an average of 2.9% annually for the next eight years, the firm forecasts in its report, “Great Powers, Geopolitics, and the Future of Trade.” But the routes goods travel will change markedly as North America reduces its dependence on China and China builds up its links with the Global South, which is cementing its power in the global trade map.

Keep ReadingShow less
woman shopper with data

RILA shares four-point policy agenda for 2025

As 2025 continues to bring its share of market turmoil and business challenges, the Retail Industry Leaders Association (RILA) has stayed clear on its four-point policy agenda for the coming year.

That strategy is described by RILA President Brian Dodge in a document titled “2025 Retail Public Policy Agenda,” which begins by describing leading retailers as “dynamic and multifaceted businesses that begin on Main Street and stretch across the world to bring high value and affordable consumer goods to American families.”

Keep ReadingShow less
ATRI releases annual list of nation’s top truck bottlenecks

ATRI releases annual list of nation’s top truck bottlenecks

New Jersey is home to the most congested freight bottleneck in the country for the seventh straight year, according to research from the American Transportation Research Institute (ATRI), released today.

ATRI’s annual list of the Top 100 Truck Bottlenecks aims to highlight the nation’s most congested highways and help local, state, and federal governments target funding to areas most in need of relief. The data show ways to reduce chokepoints, lower emissions, and drive economic growth, according to the researchers.

Keep ReadingShow less