Cargo

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X @Mike Benz
Mike Benz· 2025-07-17 02:11
The CIA's proprietary airline for transporting illegal cargo (drugs, weapons, smuggled cash), Southern Air Transport, serviced St. Thomas in the US Virgin Islands, just 2 miles from Little Saint James (Epstein Island), which Epstein later bought. ...
X @Bloomberg
Bloomberg· 2025-07-10 14:26
The Port of Vancouver, Canada’s main trade gateway to Asia, kicked off the search for a company to build a new wharf to handle 70% more cargo https://t.co/pJNqt40pg8 ...
X @Bloomberg
Bloomberg· 2025-07-02 15:14
RT Bloomberg en Español (@BBGenEspanol)🇲🇽 Transportar mercancías en México se ha vuelto un riesgo constante. Un aumento en el robo de carga tiene en alerta a empresas y transportistas, y complica el panorama de seguridad de Claudia Sheinbaum.@mayaaverbuch explica: https://t.co/k8bDnLqFME https://t.co/LQCPn689G1 ...
X @Bloomberg
Bloomberg· 2025-07-02 09:03
Mexico’s highways are seeing a robbery attempt every 50 minutes. As cargo theft climbs, the pressure is mounting on President Claudia Sheinbaum’s government https://t.co/5h97rWWkir ...
Did Archer Aviation Just Enter a New Market?
The Motley Fool· 2025-06-05 07:55
Core Viewpoint - Archer Aviation is preparing to ramp up production of its Midnight eVTOL aircraft in 2025, aiming for long-term growth despite currently not generating any revenue [1][2][12] Company Overview - Archer Aviation is currently focused on manufacturing and testing its eVTOL aircraft, with its income statement reflecting only operating expenses due to the absence of revenue [2] - The Midnight aircraft is designed for short-distance travel as an air taxi, representing a new category of aircraft that is still being understood by regulatory bodies like the FAA [4] Recent Developments - Archer Aviation has received FAA clearance to operate an airline and train pilots, and has established deals for air taxi services in California and New York [5] - The company plans to carry its first commercial customers in Abu Dhabi in 2025, where regulations are less restrictive, allowing for valuable operational insights [6][7] Market Expansion - Archer Aviation is exploring military applications for its eVTOL aircraft through a partnership with Anduril Industries, aiming to penetrate a complex market with significant safety and political considerations [8] - The collaboration will investigate civil and defense applications in the U.K., including logistics for cargo transport, which could enhance the aircraft's market potential [9][10][11] Strategic Focus - The company is diversifying its potential use cases for the Midnight aircraft, which may increase its long-term success by tapping into various markets [11] - Monitoring developments in Abu Dhabi and other initiatives, such as military opportunities and logistics, is crucial for understanding the company's growth trajectory [13]
Armenian organized crime rings charged with stealing $83 million in Amazon cargo
CNBC· 2025-05-21 00:39
Core Points - The Department of Justice has charged members of an Armenian organized crime ring for stealing over $83 million worth of cargo from Amazon by impersonating legitimate truck drivers [1] - Cargo theft is a significant issue for Amazon, with the company facing recurring thefts of its shipments [2] - The DOJ's complaint indicates that cargo theft-related losses across the retail industry are estimated to be close to $1 billion or more annually [4] Company Efforts - Amazon has intensified its efforts to combat fraudulent and illegal activities on its platform, including the suspension of dozens of third-party merchants allegedly selling stolen goods [3] - The company cooperated with DOJ officials during the investigation, providing information about stolen goods and details of the alleged fraudsters' accounts [6] Criminal Operations - The alleged fraudsters operated four transport carriers that obtained freight routes from Amazon Relay, diverting from their designated routes to steal goods [4][5] - The DOJ's investigation revealed that the fraudsters had possession of various stolen goods, including kitchen appliances and other merchandise [6] Legal Proceedings - Several defendants are expected to appear in court in Los Angeles, while one defendant has been detained in Fort Lauderdale, Florida [7]
Sun ntry Airlines (SNCY) - 2025 Q1 - Earnings Call Transcript
2025-05-02 13:32
Sun Country Airlines (SNCY) Q1 2025 Earnings Call May 02, 2025 08:30 AM ET Company Participants Chris Allen - Director, IRJude Bricker - CEO & DirectorBill Trousdale - SVP, Interim CFO & Principal Financial and Accounting OfficerDuane Pfennigwerth - Senior MDMichael Linenberg - Managing DirectorTom Fitzgerald - VP - Equity ResearchCatherine O'Brien - Vice PresidentGrant Whitney - SVP & Chief Revenue OfficerJames Kirby - Vice PresidentRyan Capozzi - Senior Associate Conference Call Participants Brandon Oglen ...
Sun ntry Airlines (SNCY) - 2025 Q1 - Earnings Call Transcript
2025-05-02 13:32
Sun Country Airlines (SNCY) Q1 2025 Earnings Call May 02, 2025 08:30 AM ET Company Participants Chris Allen - Director, IRJude Bricker - CEO & DirectorBill Trousdale - SVP, Interim CFO & Principal Financial and Accounting OfficerDuane Pfennigwerth - Senior MDMichael Linenberg - Managing DirectorTom Fitzgerald - VP - Equity ResearchCatherine O'Brien - Vice PresidentGrant Whitney - SVP & Chief Revenue OfficerJames Kirby - Vice PresidentRyan Capozzi - Senior Associate Conference Call Participants Brandon Oglen ...
Sun ntry Airlines (SNCY) - 2025 Q1 - Earnings Call Transcript
2025-05-02 12:30
Sun Country Airlines (SNCY) Q1 2025 Earnings Call May 02, 2025 08:30 AM ET Speaker0 and welcome to the Sun Country Airlines First Quarter twenty twenty five Earnings Call. My name is Carmen, and I will be your operator for today's call. At this time, all participants are in a listen only mode. After the speakers' presentation, there will be a question and answer session. Please be advised that today's conference is being recorded. I will now turn the call over to Chris Allen, Director of Investor Relations. ...
GearTrack April Cargo Security Index Reveals Record Cargo Theft Levels in California, Florida, and Texas
GlobeNewswire News Room· 2025-04-28 15:17
Core Insights - The GearTrack April Cargo Security Index indicates a significant rise in cargo theft incidents in the U.S., with 54% occurring in California, Florida, and Texas in March 2025 [1][7] - California experienced a 34% month-over-month increase in cargo theft incidents, while Texas and Florida saw increases of 17% [1][7] - Food and beverage items were among the most targeted goods, highlighted by a thwarted theft of $55,000 worth of beef in Philadelphia [1][7] Industry Trends - Organized theft groups are employing innovative schemes, including non-delivery of loads and document forgery for fraudulent pick-ups [2] - Shippers are advised to enhance route planning to ensure the safe delivery of valuable goods, particularly in sectors like food and beverage, apparel, household goods, metals, and vehicles [2] Cargo Security Index Overview - The Cargo Security Index is a collaboration between GearTrack and CargoNet, providing insights into cargo theft trends, high-risk routes, and organized theft activity [3] - The Index aims to equip shippers, logistics providers, and insurers with intelligence to counter increasingly sophisticated threats [3] Response to Rising Theft - The surge in cargo theft is attributed to economic pressures, tariff uncertainty, and increased shipment volumes [4] - GearTrack plans to integrate Verisk CargoNet's RouteScore API to offer route-specific intelligence and customized protection recommendations [4] Company Background - GearTrack is an IoT-powered supply chain solution that tracks and protects high-value assets in real-time, helping companies reduce downtime and ensure timely deliveries [5] - Verisk is a strategic data analytics partner for the global insurance industry, focusing on improving operational efficiency and combating fraud [6]