Air Freight News
Southwest Airlines, American lift forecasts as holiday travel takes off
U.S. carriers Southwest Airlines and American Airlines lifted their fourth-quarter forecasts on Thursday, betting on buoyant domestic travel demand during the holiday season and improved…
Oil rises after OPEC+ pushes back output hike, extends cuts through 2026
Oil prices rose on Thursday after OPEC+ decided to delay its planned output increase by three months to April 2025, and extend the full unwind…
US weekly jobless claims edge up; falling imports compress trade deficit
The number of Americans filing new applications for unemployment benefits rose slightly last week, pointing to steadily easing labor market conditions heading into the final…
US judge rejects Boeing plea deal in fatal crashes
A U.S. federal judge on Thursday rejected Boeing's agreement to plead guilty to fraud in the wake of two fatal 737 MAX crashes, faulting a…
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US trade deficit shrinks on decline in imports
The U.S. trade deficit contracted sharply in October as imports declined by the most since late 2022, potentially positioning trade to contribute to economic growth…
CBP will seize aluminum products manufactured using forced labor by Chinese-owned, Dominican based company
U.S. Customs and Border Protection issued a Finding against Kingtom Aluminio S.R.L., the first Chinese-owned entity in the Dominican Republic, based on information that reasonably…
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Apple plans $1 billion manufacturing plant investment in Indonesia, minister says
Tech giant Apple plans to invest $1 billion in a manufacturing plant in Indonesia that produces components for smartphones and other products, Indonesia's investment minister…
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Meta buys credits from four big US solar projects
Meta Platforms Inc announced a deal on Thursday to buy the green credits from four large U.S. solar energy projects that will help the Facebook…
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DHL Global Connectedness Tracker: Globalization remains at a record level, despite geopolitical tensions and uncertainties
• DHL Global Connectedness Tracker provides easy to use data tool for customized deep dives into the state of globalization and global trade • Share…
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Averitt recognized for safety and clean diesel leadership at 94th TTA Convention 
Averitt was recognized with multiple awards at the 94th annual Tennessee Trucking Association (TTA) Convention, highlighting the company's commitment to safety and sustainability.