Air Freight News
Air Baltic posts first profit since 2018, IPO plan proceeds
Air Baltic Corp AS is pursuing its plan for an initial public offering after recording its first annual profit since 2018.
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Air Greenland to be powered by CHAMP Cargosystems Cargospot products
By adopting a majority of the Cargospot suite, Air Greenland is uniquely poised to grow in 2024 and beyond
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Boeing, Spirit AeroSystems audit finds ‘multiple’ quality lapses, FAA says
US aviation safety regulators found Boeing Co. failed to comply with manufacturing quality control requirements on “multiple” occasions, according to an audit launched in response…
Sunken ship in Red Sea shows Houthi attacks’ environmental risk
Attacks by Houthi militants in the Red Sea that have menaced shipping in the vital waterway for months are bringing a new threat — spills…
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AGS Agunsa makes strategic investment in Omni Transloading & Logistics and Omni Bulk Services
AGS Agunsa announces a significant investment in Omni Transloading & Logistics and Omni Bulk Services establishing a strategic partnership to expand their transportation capabilities.
Azul working with Citi, Guggenheim as it mulls bid for rival Gol
Brazil air carrier Azul SA is working with Citigroup Inc. and Guggenheim Partners as it explores a potential offer for its troubled competitor Gol Linhas…
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IMC acquires American Pacific Transportation
IMC Logistics, the largest marine drayage provider in the nation, has acquired American Pacific Transportation, a leading California-based drayage company.
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Fractures in global trade deepen as WTO musters only a small win
The World Trade Organization’s ability to tear down barriers to commerce, ensure stability through global accords and enforce the rules came under renewed criticism following…
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Odfjell Terminals Houston celebrates successful completion of state-of-the-art Bay 13 expansion
Odfjell Terminals US (OTUS) announces the successful completion of the construction and commissioning of its Bay 13 at the Houston Terminal (OTH).
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Port of New Orleans container-on-barge service sets new record
Service expands shipping options to inland markets while honoring sustainability commitment to help mitigate the effects of global climate change