TCA

City aviation officials plan to spend $5.5 million to acquire 15 acres near Philadelphia International Airport as part of a plan to develop an airfreight complex serving a broad swath of the region.

Nearly 1.4 billion pounds of cargo made its way through Chicago Rockford International Airport in 2017 — a record that the airport has beaten by nearly 22% through the first 10 months of this year.

Area shoppers will want to purchase their holiday gifts earlier this year, as a major jump in online holiday shopping could complicate the delivery system.

The U.S. Postal Service said it expects to deliver nearly 15 billion pieces of mail and 900 million packages between Thanksgiving and New Year’s Day, according to a release.

Despite high-profile projects in Baton Rouge and elsewhere, Louisiana’s $14 billion backlog of road and bridge needs will rise next year because the state lacks the needed resources, state Transportation Secretary Shawn Wilson said Nov. 15.

Eaton Corp., a worldwide manufacturing company, plans to expand into El Paso, Texas, with a factory expected to open in the first half of next year with 200 employees.

A big pile of debt comes due at Tesla on March 1 — $920 million worth. But starting in two weeks, the company has a chance to make it disappear.

The Port of Savannah continues to break records with more container cargo moved in October than ever before. Savannah handled 413,800 TEUs in October, the 24th consecutive month of year-over-year growth.

Avenger Logistics, a freight brokerage and logistics company created in 2015 by former Gold Bond Inc. owner Don Godsey, is likely to be a top local contender on the 2019 Inc. list after growing from $9 million in sales in 2016 to more than $60 million this year. The company expects to top $100 million in sales next year.

Amazon.com on Nov. 12 took delivery of the 40th and final plane in a lease deal for its expanding air-cargo operation. More may be on the way. A senior executive at an aircraft lessor said Amazon was shopping around for more Boeing 767 freighters and had put out a request for proposals for an additional six jets earlier this year.