Air Freight News
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The Uber-ization of US trucking is only speeding up
US trucking is entering a tumultuous period that will likely reshape the $875 billion industry.
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Russian oil keeps gushing despite uncertainty over price cap
Seaborne crude flows remain steady with EU ban just a week away
Russia’s flagship oil falls further below proposed EU price cap
Russian flagship crude oil dipped again on Friday, serving as a reminder of the challenges facing European Union diplomats haggling over a price level at…
British Airways set to double flights at Gatwick, Telegraph says
British Airways PLC plans to double its operations at Gatwick Airport, rather than expand at Heathrow Airport Ltd, the Sunday Telegraph reported.
Kuwait exports first shipment of jet fuel from new Al-Zour refinery
Kuwait Petroleum Corp. exported its first shipment of aviation jet fuel from the country’s newly commissioned Al-Zour mega-refinery.
Foxconn offers $1,800 bonus to workers who stay in iPhone City
Apple Inc. partner Foxconn is offering bonuses of as much as $1,800 to existing workers at its Zhengzhou facility, hoping to sustain the staff levels…
Iraq plans to start expanding oil export capacity from next year
Iraq, OPEC’s second largest producer, plans to start increasing oil export capacity from its southern ports from next year to add a total of 1…
Airbus to settle French bribery case linked to Libya, Kazakhstan
Airbus SE said it reached an agreement with French prosecutors to settle probes into corruption allegations linked to Libya and Kazakhstan.
Cathay sees ‘bright light’ at end of tunnel as travel comes back
Cathay Pacific Airways Ltd. said its available liquidity rose about 7% in the four months through October to HK$28.6 billion ($3.7 billion) as international travel…
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Tesla’s Pepsi semis lose out to Coke’s electric Renault trucks
Renault Trucks has helped Coca-Cola beat Pepsi and Tesla Inc. to the punch on electric deliveries.