Air Freight News
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US goods-trade deficit narrows to smallest in nearly two years
The US merchandise-trade deficit narrowed in November to the smallest since December 2020 due to a plunge in imports.
Hong Kong searches for flights to China soar as last curbs fall
Residents of Hong Kong reacted swiftly to news China will no longer subject inbound travelers to quarantine as of early next year, flooding the internet…
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Southwest cancels 62% of flights as storm leaves it an outlier
Southwest Airlines Co. canceled almost two-thirds of its flights Tuesday, remaining hobbled by a massive winter storm that most major rivals were able to recover…
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Amazon looks to sell excess air cargo space as demand cools
Amazon.com Inc. is trying to sell excess space on its cargo planes, according to people familiar with the matter, its latest effort to adjust from…
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Southwest Air faces gridlock with over 80% of flights scrapped or late
Southwest Airlines Co. canceled almost 3,000 flights and had hundreds of others run late, disrupting more than 80% of its schedule as operational woes mushroomed…
Russia may raise crude oil exports if EU ban cuts refining
Russia may increase its crude oil exports if the European Union ban on imports of the nation’s fuel results in lower refinery throughput, vice prime-minister…
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Power outages, flight delays as US storm leaves trail of chaos
Dangerously cold temperatures settled over a wide swath of the US and Canada on Saturday as a massive winter storm upended Christmas holiday travel and…
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Wheat climbs as deep freeze stokes fear of shrinking us crops
Winter wheat climbed higher for a fourth straight day as a deep freeze across the US grain belt escalates concern about shrinking crops.
Airlines delay, cancel flights across US as Winter storm disrupts holiday travel
Winter storms pummeling vast areas of the US are prompting widespread flight cancellations and delays from East Coast hubs to the Pacific Northwest, upending airline…
Germany suspends Iran trade programs as EU cites worsening ties
Germany said it’s suspending trade-promotion programs for Iran, citing the “very serious situation” in the country.