Air Freight News
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Launch of new refrigerated ocean transportation service utilizing electric field technology
Connecting new production and consumption areas of chilled food by low-carbon transportation services
Top India airlines optimistic on deliveries despite supply woes
India’s top airlines, Air India Ltd. and IndiGo, said their short-term expansion plans remain on track as they sidestep the lingering supply-chain snarls that have…
Wizz Air CEO sees capacity rise in summer despite grounding
Wizz Air Holdings Plc. expects a “couple of percentage point increase” in capacity this summer with short-term aircraft leases and new plane deliveries as the…
[Freightos Weekly Update] Ocean rates easing from their peaks, with further drops likely
Key insights: 1. Ocean rates were stable over the tail end of the Lunar New Year holiday period last week, though they have begun to…
India says Red Sea attacks add urgency to Mideast trade route
The volatile situation in the Red Sea increases the need for an alternate trade corridor to ship goods from India to Europe, India’s ambassador to…
Bidvest sells logistics unit stake to investment firm Akhona
A subsidiary of South African conglomerate Bidvest Group Ltd. is selling a 27.5% stake in a logistics business to black women-owned financial firm Akhona Strategic…
Trade powerhouse Vietnam reports surprise 5% fall in exports
Vietnam’s exports unexpectedly contracted in February, belying hopes of a quick turnaround suggested by the previous month’s data.
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MSC on use of high security seals and container sealing
MSC Mediterranean Shipping Company reminds supply chain partners of its policy regarding the mandatory use of International Standardization Organization (ISO) 17712 compliant High Security Seals…
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HOST, JEDCO celebrate grand opening of $2M gate complex at Avondale Global Gateway
Refurbished gate complex offers increased throughput, improved efficiency and faster turnaround time for customers and suppliers
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Oil heavyweights take aim at Biden’s LNG permitting freeze
Top oil industry lobbying groups set the stage for a potential lawsuit challenging the Biden administration’s pause in approving new liquefied natural gas exports.