Air Freight News
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Wilhelmsen UAE handles export breakbulk shipment of steel rebars
Wilhelmsen UAE worked alongside their maritime logistics team and client to ship steel rebars from the United Arab Emirates, which weighed a hefty 45,000mt.
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US shale hedging losses could top $10 billion this year as operators unable to capitalize on sky-high crude prices
US shale oil producers are in line to suffer more than $10 billion in derivative hedging losses this year if oil prices remain around $100…
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OSM Worldwide celebrates 12th consecutive year on Inc 5000 List of fastest-growing private companies
Heading into 20 years of business, OSM Worldwide retains its momentum with 299% three-year revenue growth.
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EIA expects renewables to account for 22% of U.S. electricity generation in 2022
U.S. electricity generation from renewable sources, such as hydropower, wind, and solar, accounted for 20% of electricity generation both in 2020 and in 2021. We…
UK to import rare Australian gas cargo in latest sign of desperation
The UK is about to receive liquefied natural gas from far-off Australia for the first time in at least six years, highlighting the European region’s…
Freight coalition members invest RAISE awards to strengthen supply chain
The U.S. Department of Transportation (USDOT) awarded 166 projects over $2.2 billion from the Rebuilding American Infrastructure with Sustainability and Equity (RAISE) program. Included among…
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SeaPort Manatee’s annual impact surges past $5.1 billion
SeaPort Manatee’s annual economic impact has surged to more than $5.1 billion, up 30 percent from just two years earlier, while the number of jobs…
Ryanair ramps up UK October capacity, citing Heathrow cap
Ryanair Holdings Plc is adding 500 flights to its autumn schedule from its base at London Stansted airport as the discount carrier looks to win…
Federer-backed shoemaker lifts forecast on North America
Roger Federer-backed footwear maker On Holding AG raised its full-year earnings forecast after seeing a boom in North America sales and reducing a dependence on…
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Elite Partners continues acquisition spree with the purchase of a warehouse in Poland
Elite Partners continues acquisition spree with the purchase of a warehouse in Poland