Air Freight News
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Oversupply of containers leading to second-hand container market price correction; Container xChange analysis
The oversupply of containers is contributing to second-hand container market prices plummeting, Container xChange shared in a recent analysis.
Airbus, Boeing court Air India in blockbuster aircraft upgrade
The potential blockbuster deal of this year’s Farnborough air show still hangs in the balance, with Airbus SE growing more confident it can secure a…
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Quicargo: Truck drivers are 237% more prone to experience a work-life imbalance
Predictions about the future of the logistics industry often discuss the consequences of automation. Although this process will definitely impact the way this industry operates,…
Romania warns corn exports may slump as drought shrinks harvest
Major European grains shipper Romania warned that it could export much less corn and sunflowers this season as it prioritizes local supplies after drought battered…
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UPS expands cargo services in India to seize airfreight boom
United Parcel Service Inc. opened a second airport cargo-handling facility in India to capture soaring pandemic-driven demand for airfreight.
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Yellen touts ‘Friend-Shoring’ as global supply chain fix
US Treasury Secretary Janet Yellen called on “trusted” US allies to strengthen trade relationships to shore up global supply chains disrupted by the pandemic, worsened…
China disputes report Xi invited Europe heads to Beijing meeting
China flatly denied a report that President Xi Jinping had invited top European leaders to meet him in Beijing later this year, and was still…
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China plans iron ore giant to assert market control
China has formally created a state-backed iron ore company that’s expected to oversee everything from massive mine investments in West Africa to buying the steelmaking…
China to post record decline in LNG imports as economy slows
China is set to post a record drop in liquefied natural gas imports this year, which will return Japan to the top spot as the…
Boeing forecasts demand for more than 41,000 new airplanes by 2041
International traffic gains momentum as restrictions ease; many domestic markets nearly or fully recovered from pandemic impact