Air Freight News
Canada claims victory on EV tax credits in Manchin-Schumer deal
Prime Minister Justin Trudeau’s top trade official claimed a diplomatic victory for Canada on US electric vehicle tax credits proposed in a deal between senators…
Xeneta container rates alert: long-term shipping rates finally peak, but now stand 112% up year-on-year
Despite another slew of rises in long-term contracted ocean freight rates across key global trade corridors, month-on-month growth is slowing - and spot rates continue…
Freight rail industry honors Helmer with annual John H. Chafee Environmental Stewardship Award
The Association of American Railroads (AAR) has named Jamie Helmer of Norfolk Southern (NS) as the 2022 John H. Chafee Environmental Excellence Award recipient.
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Ethiopian Airlines orders Africa’s first A350-1000
Ethiopian Airlines Group, the flag carrier of Ethiopia, Africa’s largest airline group, has upsized four of its A350-900 on order to the largest variant of…
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Etihad Airways soars to record-breaking first half profit as transformation pays off
Etihad flies past targets as EBITDA improves to US$ 691 million
AFS Logistics introduces new integrated technology platform to improve service and simplify client experience
The AFSmart technology suite offers shippers and carriers fast, easy access to critical data for more informed management decisions
AirAsia, Skyports consider Malaysian airports for flying taxis
AirAsia Aviation Group Ltd. and the UK’s Skyports Ltd. will jointly explore building landing sites for flying taxis in Malaysia, as tycoon Tony Fernandes looks…
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JetBlue gets long-sought deal to buy Spirit for $3.8 billion
JetBlue Airways Corp. is acquiring deep-discounter Spirit Airlines Inc. for at least $3.8 billion in cash, clinching a deal less than a day after Spirit…
UK union boss calls for general strike if Truss curbs powers
The UK’s most high-profile trade union boss has called for a general strike if the government tries to curb union power as proposed by Liz…
Egypt cancels 240,000 tons of Ukrainian wheat contracts
Egypt canceled four cargoes of Ukrainian wheat that it contracted to buy before Russia’s invasion, even as Kyiv prepares to restart grain exports following a…