Air Freight News
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Air France-KLM surprise profit beat lifts shares to 5-year high
Air France-KLM reported better than expected annual results that sent its shares to a five-year high on Thursday after the airline benefitted from tight cost…
LNG producer Venture Global raises Plaquemines project cost forecast by $2 billion
Venture Global said on Thursday it expects the project cost for its Plaquemines LNG plant in Louisiana to be around $2 billion higher than its…
After Trump’s tariffs, Mexico seeks Asian and European crude oil buyers
Mexican state company Pemex is in talks with potential buyers in Asia, including China, and Europe, as it seeks alternative markets for its crude after…
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Canada’s trade surplus in January jumps to C$4 billion on tariff threat sales
Canada's trade surplus in January exceeded expectations by a wide margin to post a 32-month record as fears of tariffs from the U.S. pushed exports…
Weak refinery, export demand weakens prices for Midland crude along Texas coast
The price spread between WTI Midland crude in West Texas and Houston has narrowed this year as cold weather hurt Permian production, driving up prices,…
Air France-KLM ready to meet Portuguese government’s conditions for TAP privatisation
Air France-KLM has had positive discussions with the Portuguese government about its possible participation in a privatisation of flag carrier TAP, and would agree to…
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Trump wants to kill $52.7 billion semiconductor chips subsidy law
President Donald Trump said on Tuesday U.S. lawmakers should get rid of a landmark 2022 bipartisan law to give $52.7 billion in subsidies for semiconductor…
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Mammoet awarded contract to help renovate Montreal’s Olympic stadium
Mammoet has won the contract to support Groupe Construction Pomerleau-Canam (GCPC) with the renovation of the new roof for Montreal’s Olympic stadium.
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Trump held call with GM, Ford CEOs on potential auto tariff delay
President Donald Trump held a call Tuesday with the CEOs of General Motors and Ford and the chair of Stellantis to discuss the potential of…
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US Supreme Court to consider nuclear waste storage dispute
The U.S. Supreme Court is set on Wednesday to consider whether the Nuclear Regulatory Commission has the authority to license nuclear waste storage facilities amid…