Air Freight News
KLM urges Dutch hub to end flight cap early, plans fleet revamp
The Dutch arm of Air France-KLM will press Amsterdam’s Schiphol Airport to drop a capacity cap in December rather than extend it through March as…
Rail traffic for September and the week ending October 1, 2022
The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending October 1, 2022, as well as volumes for September 2022.
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Boeing’s China orders dry up on US tensions in boost for Airbus
China has traditionally split aircraft orders evenly between Airbus SE and Boeing Co. Recently though, there’s been a shift against the American half of the…
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WTO slashes forecast for merchandise trade growth in 2023
Global merchandise trade will slow next year as “multiple shocks” ranging from Russia’s war in Ukraine, high energy costs in Europe and US monetary policy…
United Airlines plans to resume Hong Kong flights from January
United Airlines Holdings Inc. is planning to restart Hong Kong flights as soon as January, according to people familiar to the matter, becoming one of…
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Autonomous trucking startup Gatik is ditching the driver in Canada
Gatik will let the robots take control on a 7-mile delivery route it runs for grocery giant Loblaw, Canada’s largest retailer.
Virgin Atlantic pulls out of Hong Kong, closes offices
Virgin Atlantic Airways Ltd. is pulling out of Hong Kong for good, canceling flights and closing its offices in the Asian financial hub, ending a…
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TotalEnergies set to expand its global LNG bunkering network further following the naming ceremony of the Brassavola LNG bunker vessel in Singapore
TotalEnergies Marine Fuels moves closer to commencing its LNG bunkering services in Singapore, following a ship naming ceremony of the Brassavola LNG bunker vessel that…
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Floating LNG terminal rates spike in Europe on ship shortage
Europe’s worsening energy crisis is creating a shortage of floating liquefied natural gas terminals, causing rental rates for the specialized tankers to double.
Russian oil price cap is coming within weeks, US Treasury official says
The Group-of-Seven industrialized economies are within weeks of announcing a formal cap on the price of Russian oil, according to a US Treasury official.