Air Freight News
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BARIG continues its involvement within the Air Cargo Community Frankfurt
During the most recent general assembly of the Air Cargo Community Frankfurt (ACCF) on July 26, 2022, BARIG Chairman and Executive Director Michael Hoppe was…
The best and worst airlines for flight cancellations
Passengers flying with Virgin Australia and Dutch carrier KLM are suffering some of the biggest disruptions to travel as the understaffed aviation industry struggles to…
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Elite Partners makes maiden entry into the Dutch logistics market with acquisition of a warehouse in Netherlands
Elite Partners Capital has acquired a warehouse in central Netherlands from a private investor.
Amsterdam Schiphol airport extends capacity caps into the autumn
Amsterdam Schiphol airport extended capacity curbs into the autumn as the Dutch hub continues to grapple with a staffing crunch.
Maersk sees record $31 billion profit as shipping rates surge
A.P. Moller Maersk A/S raised its profit forecast for this second time this year after congestion on trade lanes boosted global freight rates, creating an…
Biden team defends China tariffs amid debate to trim some duties
The US government defended additional tariffs on hundreds of billions of dollars of Chinese goods imposed under Donald Trump, just as President Joe Biden assesses…
US to stop TSMC, Intel from adding advanced chip fabs in China
As the US Congress passed an historic $52 billion federal program to boost domestic chipmaking capabilities, it included one significant caveat: Companies that receive the…
OPEC’s Gulf nations boost oil production to relieve tight market
OPEC’s crude production rose to a two-year high last month as Persian Gulf members followed through on a pledge to relieve tight global markets.
Air Canada misses estimates amid second quarter airport chaos
Air Canada reported results below estimates in the second quarter, a period in which the global aviation industry could not meet passenger demand.
JetBlue reports wider-than-expected loss on soaring fuel costs
JetBlue Airways Corp. reported a second-quarter loss that missed Wall Street’s expectations as high fuel prices kept operating expenses elevated ahead of the carrier’s planned…