Air Freight News
Auxo investment partners close sale of M/G Transport Services to Maritime Partners
Sale Represents Successful Exit for Auxo, Capping Off Exciting Growth Trajectory for Marine Transportation Leader
Electric car investment envy spawns a ‘tax break industrial complex’
Automakers, battery suppliers and state officials aren’t particularly transparent about how much public money is going to projects.
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Avianca Cargo: the first airline in the Americas CEIV Fresh certified
The certification granted by IATA qualifies the airline with the highest quality standards for the transportation of perishables products.
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SmartLynx Airlines plans to have 20 A321F units in 2023
Latvia-based SmartLynx Airlines, a global ACMI charter and cargo operator, has announced an addition of four A321Fs to its growing cargo fleet to ensure flights…
South Korea cooperating with US on chips, still has concerns
South Korea’s trade minister said key chip producers Samsung Electronics Co. and SK Hynix Inc. won approval from the US to keep operating in China,…
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China trade data delayed without reason from customs authority
China delayed the release of official trade data due Friday without providing a reason, an unusual move for the country’s customs authority.
United Airlines nears ‘triple-digit’ order for widebody jets
United Airlines Holdings Inc. is closing in on an order for more than 100 widebody jets as it studies offers for Boeing Co.’s 787 Dreamliner…
TSMC jumps after Capex cut and better-than-expected earnings
Taiwan Semiconductor Manufacturing Co. shares had their biggest jump in three months after the company slashed its 2022 capital spending target by roughly 10% and…
Japan will step in to buy gas when companies can’t afford to
The Japanese government plans to buy liquefied natural gas in the event companies can’t secure cargoes, as the resource-scant nation steps up efforts to compete…
Russia Sanctions Spur Buying Frenzy for Ice-Breaking Tankers
The cost of oil tankers that can navigate icy waters has surged ahead of looming European Union sanctions on the export of Russian crude.