Air Freight News
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Fontaine Modification introduces premium sit-down dual drive conversion for Freightliner medium-duty conventional trucks
Fontaine Modification introduces a new premium sit-down dual drive steering modification for 2025 Freightliner M2 106 Plus and M2 108SD Plus medium-duty conventional trucks.
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Polar Leasing announces new freight partner in Northwest Ohio
Polar Leasing Company, Inc. (PLC) announces that Go Mini's of Toledo has joined PLC’s expansive nationwide network of depots.
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Biden aide urges more talks as US pursues de-risking from China
President Joe Biden’s top national security aide promoted further communications with China — including with President Xi Jinping — while insisting the US would continue…
Oil sanctions are deepening Russian crude discounts, Novak says
The latest batch of sanctions by the US and European Union have increased the discounts Russia is having to offer to sell its barrels, according…
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UPS CEO kicks off productivity drive by cutting 12,000 managers
Carol Tomé changed United Parcel Service Inc.’s. management theme to “Better and Bolder” during contentious labor-union talks last year, leaving investors wondering what the chief…
The price of diesel in Europe is being boosted by Red Sea shipping chaos
Attacks by Houthi militants on merchant shipping are boosting the price of diesel in Europe.
Menzies sees China growth after Hong Kong Airport services deal
Menzies Aviation, one of the world’s largest aviation services companies, is targeting expansion in China that could generate a revenue increase of around 20%, according…
Brazil speeds up $1 billion rescue for troubled airlines
Brazil’s government is working on an emergency plan to help alleviate financial pressures on airlines and address the high cost of consumer litigation and a…
Venezuelan oil output to fall 30% under renewed US sanctions
Venezuelan oil production at a four-year high is expected to decline quickly if the US follows through on threats to reinstate sanctions on the nation.
South Korea chip shipments jump most since 1997 as Samsung beats
South Korea’s semiconductor shipments rose in December by the most since 1997 while inventory growth slowed further, underscoring the pace at which a backlog of…