Air Freight News
Nikola hires GM veteran for top role at troubled EV maker
Nikola Corp. said Chairman Steve Girsky will take over as its chief executive officer, replacing Michael Lohscheller after less than a year in the role…
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Cathay unseats Singapore Air as stock winner on travel revival
A reversal in the fortunes for shares of Cathay Pacific Airways Ltd. and Singapore Airlines Ltd. may extend further as Hong Kong’s flagship carrier springs…
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World Trade forecast cut as Maersk flags fears for economy
Shipping giant A.P. Moller-Maersk A/S, a bellwether for the world economy, lowered its estimate for global container trade, indicating that weak demand continues to hamper…
Xi’s Spent Two Days Outside China in 2023 as Problems Mount
Two days is all President Xi Jinping has spent outside his country this year, as mounting domestic problems from a faltering economy to rare political…
Food Prices Pick Up as Trade Tensions, Extreme Weather Flare
Global food prices rose for the first time in three months, as trade disruptions from India to the Black Sea and extreme weather stoke supply…
HERE ranked as top location platform by TechInsights
Analyst firm places HERE ahead of Google, TomTom and MapBox in its annual benchmark report of global location platform companies
Long Island Rail Road train derails in Queens, injuring 13
A Long Island Rail Road train derailed in Queens on Thursday morning, injuring 13 people, with fire department crews responding at a scene that will…
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Global shipping costs creep higher after 16-month freefall
Spot rates for shipping containers jumped by the most in more than two years, a sign that a 16-month slump in ocean-freight costs that helped…
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Ship fire began in decks where cars stored, says salvage firm
The nearly week-long fire that ravaged a ship off the Dutch coast started in the upper decks where some cars were stored, according to the…
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Southwest pilots lose bid to be freed from contract talks
Southwest Airlines Co. pilots were denied a request to halt contract talks with the carrier, a step that could have brought them closer to a…