Air Freight News
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US natgas prices steady as record LNG flows offset record output
U.S. natural gas futures held steady on Friday as record flows to liquefied natural gas (LNG) export plants offset a decline in daily output and…
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Phillips 66 director criticizes activist investor Elliott amid proxy battle
Phillips 66's independent director, Bob Pease, defended the company's performance and criticized Elliott Investment Management on Friday, as a boardroom battle between the U.S. refiner…
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US pauses financial contributions to WTO, trade sources say
The United States has paused contributions to the World Trade Organization, three trade sources told Reuters, as U.S. President Donald Trump's administration ramps up efforts…
Navy, Secret Service counter-drone technology testing led to faulty cockpit alerts, officials say
Testing of counter-drone technology near Reagan Washington National Airport by the U.S. Secret Service and Navy earlier this month led to numerous flight crews receiving…
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US car buyers face higher prices, less choice under Trump’s tariffs
Major automakers can deal with President Donald Trump's tariffs on U.S. auto imports in a number of ways, but all of them lead to higher…
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Thailand targets reduction in US trade surplus to $20 billion
Thailand is aiming to reduce its trade surplus with the United States to $20 billion by importing more U.S. products, an industry ministry official said…
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New creditors’ battle emerges in Citgo auction reboot
A U.S. federal judge trying to move ahead with an auction of shares in the parent of Venezuela-owned U.S. refiner Citgo Petroleum is dealing with…
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India weighs scrapping import tax on US LNG, boost purchases, sources say
India is considering a proposal to scrap import tax on U.S. liquefied natural gas (LNG) to boost purchases and help cut the trade surplus with…
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Kerry Logistics outperforms market with 95% profit rise
Kerry Logistics Network Limited (‘KLN’, the ‘Company’ or together with its subsidiaries, the ‘Group’; Stock Code 0636.HK) today announced the Group’s annual results for 2024.
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Wind Propulsion reaches tipping point as shipowners embrace BAR Technologies’ WindWings®
BAR Technologies has seen a surge in inquiries from shipowners seeking to adopt the technology in the past 12 months and this is set to…