Air Freight News
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Wizz Air says 40 planes to stay grounded through fiscal 2026 amid engine woes
Wizz Air on Tuesday said it had signed a new support agreement with defence and aerospace firm RTX's Pratt & Whitney amid engine woes, adding…
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Beijing unveils plans to boost driverless vehicle use in capital
China's capital Beijing passed new regulations on Tuesday to encourage autonomous driving technology in the city, with authorities planning to eventually allow driverless public buses…
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Brazil to work toward Mercosur-UAE deal in coming months, Lula tells UAE president
Brazilian President Luiz Inacio Lula da Silva told his Emirati counterpart on Monday that Brazil will work to seal a deal between South American trade…
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German air taxi start-up Volocopter files for insolvency
Air taxi start-up Volocopter GmbH filed for insolvency proceedings on Monday, citing its inability to raise new funds to maintain regular operations.
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Cheniere produces first LNG at Corpus Christi Stage 3 project
Cheniere Energy said that liquefied natural gas (LNG) was produced for the first time from the first train (Train 1) of its Corpus Christi Stage…
Owner seeks release of oil tanker seized in Finland cable probe
The owner of an oil tanker seized by Finland on suspicion of breaking an undersea power line and four telecoms cables in the Baltic Sea…
US agency takes steps to protect Nevada mountains from energy development
The Biden administration on Monday took steps to protect the Ruby Mountains in northeast Nevada from oil, gas and geothermal development for 20 years.
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Biden-Harris Administration awards $1.7 million to Massachusetts to improve safety on America’s roadways
Second round of grants under the Wildlife Crossings Pilot Program will improve driver safety, protect wildlife and restore animal habitats
Los Angeles Industrial CRE Market Update – 4th qtr. 2024
TEU and airfreight numbers continue to improve, but excess capacity has muted any genuine change to the state of the leasing market.
Inland Empire Industrial CRE Market Update – 4th qtr. 2024
The industrial market in Inland Empire County has an 8.0% overall vacancy rate, because of softening demand driven by a surge in new supply.