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Alaska Cargo and Cold Storage has executed with the state of Alaska a 55-year lease agreement at Ted Stevens Anchorage International Airport for a 700,000-square-foot, climate-controlled warehouse facility at the world’s sixth-busiest cargo airport.

Ted Stevens Anchorage International Airport remained one of the nation’s busiest airports in recent months as disrupted shipping patterns during the COVID-19 pandemic fueled soaring cargo activity.

A group of 15 Democrat-led states sued to block the Trump administration’s decision to sell drilling rights in the Arctic National Wildlife Refuge, alleging the plan fails to account for the danger to wildlife and climate-change impacts.

The backers of a new rail line to link Alaska to Canada and Lower 48 markets insist it would generate upward of $5 billion of freight revenue through the state.

Nearly $600 million worth of cargo warehouse and transfer facility developments are proposed at Ted Stevens Anchorage International Airport.

BP Plc agreed to sell its entire business in Alaska to closely held Hilcorp Energy Co. for $5.6 billion, ending a six-decade presence in the state as oil production there declines.

The primary users of Anchorage’s beleaguered port want city officials to delay the first major rehabilitation work at the port in years while port leaders continue to discover earthquake damage to critical infrastructure.

A magnitude 7 earthquake struck Alaska early Nov. 30, shutting the state’s most important oil pipeline and potentially threatening crude exports.

Incoming Alaska Gov. Mike Dunleavy has announced that John MacKinnon will serve as the next commissioner of the Department of Transportation & Public Facilities.

The Trump administration is moving to expand the territory open for oil exploration in Alaska’s National Petroleum Reserve, a process that could shift drilling rigs closer to herds of caribou and flocks of threatened birds.