News Snapshot:
Freight forwarder Flexport picked up a surprising endorsement from the White House during this month’s Asia-Pacific Economic Cooperation (APEC) forum for its new initiative to help customers reduce their supply chain emissions for airfreight shipments. The Biden administration highlighted efforts to decarbonize aviation at the meeting in San Francisco, where world leaders pledged continued cooperation on addressing climate change, in the process giving visibility to a company headquartered in the same city for a program similar to ones previously undertaken by a number of airlines and cargo partners. A fact sheet outlined more than $50 billion of U.S. private-sector investments...
