Air Freight News
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Port of LA Cargo Volume Eases In August
Early Arrival of Holiday Goods, Economic Concerns Begin to Slow Record Pace
Biden-⁠Harris Administration Announces Expansion Plans for U.S. Offshore Wind Energy
Departments of Energy, Interior, Commerce, and Transportation Launch Initiatives on Floating Offshore Wind to Deploy 15 GW, Power 5 Million Homes, and Lower Costs 70%…
Tumbling spot rates close gap between main Asia to US West Coast trades
The latest ocean freight rates data from Xeneta shows that spot prices across the main trans-Pacific and US West Coast corridors have converged over the…
Philippines Sees Record Current Account Gap as Imports Surge
The Philippine central bank raised its forecast for the current account gap to a record, reflecting a surge in imports on the back of the…
Korea’s Exports of Key Memory Chip Plummet as Demand Chills
South Korea’s exports of its most lucrative memory chip fell by the most since 2019, indicating a deepening slump in technology demand central to global…
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FAA Hits Airlines on Flight Delays After United Chief’s Comments
US aviation regulators struck back at major carriers’ reliability Thursday after the head of United Airlines Holdings Inc. called the government’s air-traffic system “by far…
Air Canada Says Short-Haul Future Includes Electric Planes
The head of Air Canada says the carrier will be able to offer zero-emission electric flights to customers in Canada as soon as 2028.
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American Airlines Cargo announces new president
Greg Schwendinger to take on new role starting October 3
Oil Falls With Global Demand Concerns Coming to the Fore
Oil fell with demand concerns at the fore as the US Department of Energy walked back expectations of its plan to restock petroleum reserves and…
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SeaPort Manatee garners nearly $12 million federal infrastructure grant
SeaPort Manatee has been awarded a federal grant of nearly $12 million to advance a 16.56-acre expansion of container yard facilities at the thriving Florida…