The Price of Oil and the Cargo Industry

We read about how the price of oil is impacting the airline industry – we see airfares rising, companies like American Airlines declaring bankruptcy. But it’s not the commercial airlines that have seen the profits stripped due to rising oil prices and a weak dollar in the global economy. The world’s cargo market is also being hit by these challenges as well.   This past September,...

The Fight Continues: Provision in Bill Blocks Lithium Batteries to be Treated As Hazardous Cargo

In early December, the Obama administration was tentatively blocked from requiring air shipments of lithium batteries to be treated as hazardous cargo. Over the last year or so, lithium batteries have been the focus of an intense lobbying battle in Washington. The proposed Transportation Department rule would require that lithium batteries — like those used in watches, cell phones, laptops and...