Air Freight News
GXO’s potential acquisition of Wincanton credit negative in near term
GXO Logistics, Inc’s ratings of ‘BBB’/Outlook Stable are susceptible to a negative rating action if the acquisition of Wincanton plc is completed under the currently…
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Port of Oakland’s Wan says box volumes are rising in 2024
In his annual ‘State of the Port 2024’ address on February 29th, Port of Oakland Executive Director Danny Wan said, “In 2023, we reached 2,000,024…
Velociti and Dragonfly Energy deliver an immediate return on investment with lithium power systems
Innovative Instant ROI program allows fleets to achieve substantial and immediate savings from the deployment of Battle Born All-Electric APU
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Falling gas and LNG prices could revitalize demand - Rystad Energy’s Gas and LNG Market Update
Prices at the Dutch Title Transfer Facility (TTF) reversed declining trends this week, with prices increasing upwards from $7.80 per million British thermal units (MMBtu)…
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American Airlines orders 85 Boeing 737 MAX jets, expands fleet with 737-10 model
• American doubles 737 MAX order book to more than 150 airplanes • 737-10 fuel efficiency, range and capacity to provide flexibility across American's global…
Guyana beats Venezuela in oil exports during border dispute
The border dispute between oil-rich Venezuela and Guyana got a new twist with Guyana exporting more oil than its neighbor for the third straight month.
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Victoria International Container Terminal completes Phase 3A expansion
Victoria International Container Terminal (VICT), International Container Terminal Services, Inc. (ICTSI)’s operations at the Port of Melbourne in Australia and the only fully-automated container terminal…
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Manila Harbor Center rebrands to Manila Multipurpose Terminal
Manila Harbor Center (MHC) has unveiled a new name, logo and website as part of a strategic rebranding initiative in 2024.
Houthis claim attack on MSC container ship, causing fire
Yemen’s Houthi rebels claimed an attack on a container ship as its crew battled a fire following an explosion.
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CMA CGM partners with Nike for sustainable shipping
The CMA CGM Group has announced a collaboration with Nike to reduce the carbon footprint of their maritime transport.