Air Freight News
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Korean Air sales rival pre-Covid levels on strong cargo showing
Korean Air Lines Co. reported preliminary revenue that’s almost back at pre-Covid levels on a quarterly basis as the carrier’s strong presence in cargo makes…
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US LNG deals surge with 30% of planned export capacity sold
About 30% of planned U.S. LNG export capacity has been booked since war disrupted European energy supplies, a dramatic reversal of fortune for as many…
US airlines’ March 2022 fuel consumption down 10% from pre-pandemic 2019; aviation fuel cost per gallon hits 8-year high
The Department of Transportation’s Bureau of Transportation Statistics (BTS) today released U.S. airlines’ March Fuel Cost and Consumption numbers indicating U.S. scheduled service airlines used…
FTR reports preliminary North American Class 8 net orders falling in April to 15,400 units
FTR reports preliminary North American Class 8 net orders fell in April to 15,400 units, down 28% m/m and -56% y/y. This is the largest…
Johnson’s Brexit pains mount with crucial Northern Ireland vote
Northern Ireland elections on Thursday could mark a major shift in the region’s sensitive political balance, and undermine Boris Johnson’s bid to redraw the terms…
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CPC Logistics names Putzer Director of Sales for Permanent Transportation Logistics Services
CPC Logistics, a leading provider of permanent and temporary Class A CDL truck driver and warehouse logistics solutions and services, has announced Adam Putzer as…
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Penske Truck Leasing adds Orange EV electric terminal trucks to its fleet offering
Penske Truck Leasing is adding Orange EV electric terminal trucks for use with customers across the U.S. The vehicles are designed for trailer-handling operations in…
Port of Vancouver USA launches cyber security information sharing group for Lower Columbia River
According to the United States Coast Guard, there were over 500 major operational cyber-attacks that occurred in the marine industry in 2020, directly affecting the…
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EU targets Russia’s global oil trade with shipping sanctions
The European Union is seeking to go beyond an import ban on Russian crude, targeting insurers in a move that could dramatically impair Moscow’s ability…
German exports to Russia sink to two-decade low after invasion
German exports to Russia plummeted to their lowest in almost two decades, with the fallout from President Vladimir Putin’s attack on Ukraine also contributing to…