Air Freight News
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Southeastern Freight Lines celebrates 75 years of quality without question service
Southeastern Freight Lines today announced it is celebrating 75 years of "Quality Without Question" service - an impressive milestone that marks the company's longtime journey…
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WorldACD Weekly Air Cargo Trends (week 1)
Worldwide air cargo finished the year at its lowest year-on-year full-month growth, with global tonnages in December around +6% higher than in the final month…
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Cleveland-Cliffs eyeing all-cash bid for U.S. Steel, source says
Cleveland-Cliffs is partnering with peer Nucor to prepare a potential all-cash bid for U.S. Steel, with an offer in the high $30s per share, a…
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Biden to issue executive order to ensure power for AI data centers
President Joe Biden will issue an executive order on Tuesday to provide federal support to address massive energy needs for fast-growing advanced artificial intelligence data…
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Cass Transportation Report Indexes - December 2024
Freight volumes in the for-hire market hit their lowest point in December since the early days of the pandemic.
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New year, same stagnant demand: Q1 TD Cowen/AFS Freight Index
Parcel carriers get creative to claim revenue, truckload rates stay level and LTL pricing strength may start to waver
Boeing executive sees supply-demand balance by end of decade
Boeing expects to reach a balance between supply and market demand for passenger jets by the end of the decade, an executive said on Monday.
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US bans imports from 37 more Chinese companies over Uyghur forced labor, including Huafu Fashion
The United States has banned imports from another tranche of Chinese companies over alleged human-rights abuses involving the Uyghurs, targeting 37 textile, mining and solar…
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LVMH says ‘impossible’ to control final sales point after report of champagne shipments to Russia
LVMH said on Tuesday it was "impossible" to control the final destination of products sold by third-party distributors after a report said the French luxury…
EIA raises US oil production forecast for 2025, lowers 2024 estimate
U.S. oil production is poised to set a larger record this year than prior estimates, the U.S. Energy Information Administration said on Tuesday in its…