Air Freight News
Delta forecasts fourth-quarter revenue below estimates, shares fall
Delta Air Lines on Thursday forecast quarterly revenue largely below expectations in anticipation of slower travel spending against the backdrop of the upcoming U.S. presidential…
Air India buys 85 Airbus jets, may add Boeing jets, sources say
Air India is continuing a dramatic turnaround by placing a new order for 85 Airbus planes and could buy more Boeing jets on top of…
United sees no impact from Boeing strike on 2025 summer schedule, route launches
United Airlines does not expect a strike by factory workers at Boeing to have any impact on its flight schedule for next summer, including new…
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Global trade could climb 3% in 2025 if MidEast conflicts contained, WTO says
The World Trade Organization on Thursday nudged up its forecast for global trade volumes this year and said a further pick up to 3% growth…
Rio Tinto’s real prize: Arcadium’s lithium extraction technology
Rio Tinto's $6.7 billion buyout of Arcadium will give it a suite of lithium filtration technologies that are poised to revolutionize how the metal is…
GM offering new home energy storage options for US EV owners
General Motors said Thursday its GM Energy unit is offering electric vehicle owners a home storage option to store and transfer solar energy, part of…
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Tonnage trends for the Great Lakes and St. Lawrence Seaway continue showing greater grain transport through September
The fall season is also the busiest time of year for marine shipping on the Great Lakes and St. Lawrence Seaway, and agricultural commodities and…
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AAR reports rail traffic for the week ending October 05, 2024
The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending October 5, 2024.
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VesselsValue Q4 2024 Market Outlook Summary
The forecast period up to 2027 suggests a mixed outlook across different vessel types. We anticipate that orders for Bulkers and Tankers will gain momentum,…
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Maersk launches new Groveport, Ohio facility to service Levi Strauss & Co.’s omnichannel fulfillment
Maersk Warehousing & Distribution Services USA LLC, an A.P. Moller – Maersk company (Maersk) has opened a new 1.2 million square foot omnichannel fulfillment facility…