Air Freight News
Truck freight rebounded slightly in 2021 according to new report
The trucking industry moved 10.93 billion tons of freight in 2021, generating $875.5 billion in revenue, according to the latest edition of American Trucking Associations’…
AAPA elects new Board Chairman and leadership
The American Association of Port Authorities (AAPA) — the unified voice of seaports in the Americas — elected a new Chairman of the Board of…
Oil edges higher in volatile session ahead of crude-stocks data
Oil extended its volatile run as continued US efforts to curb prices and concerns over a global recession counter signs of tight supply.
United gains on profit forecast more than double estimates
United Airlines Holdings Inc. sees profit well above Wall Street’s estimates in the final quarter of the year with travel demand remaining strong, giving shares…
New Indian airline Akasa ekes out 1% share of crowded skies
India’s newest carrier Akasa Air took a 0.9% share of the domestic market in September, its first full month operating in a country where almost…
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Brexit cut trade between UK and EU by close to 20%, ESRI says
Brexit resulted in a “substantial negative impact” for trade in both directions between the European Union and the UK, according to Ireland’s Economic and Social…
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Etihad hires former TAP Portugal CEO to replace Douglas
Etihad Aviation Group named Antonoaldo Neves, the former head of Portugal’s flag carrier, as chief executive officer to succeed Tony Douglas, who is leaving after…
EU to sanction Iran drone maker, three generals on Russia sales
The European Union is set to propose sanctioning three Iranian individuals and one entity for providing military support to Russia for its war against Ukraine…
Rail union calls strike, says UK track owner reneged on deal
Britain faces further disruption to train services after a union called three days of national strikes, accusing track owner Network Rail Ltd. of reneging on…
Shell closes UK hydrogen filling stations as EVs dominate
Shell Plc quietly shut down two UK hydrogen filling stations earlier this year as electric vehicles became the preferred way to cut greenhouse gas emissions…