Air Freight News
FTR’s Shippers Conditions Index fell sharply in January due to rising fuel costs and higher freight rates
FTR’s Shippers Conditions Index (SCI) fell sharply in January to -10.1 from the December reading of -6.9. Rising fuel costs and higher freight rates resulted…
American businesses, industry and labor groups, praise historic US – U.K. tariff agreement
Following United States Secretary of Commerce Gina M. Raimondo and United States Trade Representative Katherine C. Tai’s announcement of a new 232 tariff agreement with…
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Russia seizing foreign jets triggers surge in insurance claims
Russia’s move to transfer almost 800 foreign-owned jets to its own aircraft register amid foreign sanctions has triggered a wave of insurance claims from leasing…
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Air France KLM Martinair Cargo awarded IATA CEIV Pharma certification for third time running
For the third time, Air France KLM Martinair Cargo (AFKLMP) has been awarded IATA CEIV Pharma certification for the Air France and KLM airline processes…
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Air Charter Service steps up activity as Ukrainian refugee crisis escalates
Leading aircraft charter company, Air Charter Service, has now arranged more than 20 relief flights to Poland and several more to Moldova on behalf of…
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Overview of the Great Lakes Seaway St. Lawrence Seaway Navigation System
The Great Lakes Seaway Partnership has released a new video providing a general overview of the Great Lakes St. Lawrence Seaway System. The short film…
Biden to unveil new Russia sanctions, energy aid in Brussels
President Joe Biden and allies meeting Thursday in Brussels are expected to announce both new sanctions against Russia over its invasion of Ukraine and fresh…
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Boeing’s tenuous recovery in China shaken by 737 jet crash
Boeing Co. faces a new crisis after a 737 jet fell out of the sky in China, renewing concerns about its best-selling family of planes…
Russia offers to buy out jetliner fleet from foreign lessors
Russia offered to compensate owners of jets commandeered by the country, a bid to smooth relations with leasing companies that stand to lose billions of…
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US gasoline and diesel prices declined slightly the week after their March 14 peak
On March 21, the U.S. regular retail gasoline price across all formulations (conventional and reformulated) averaged $4.24 per gallon (gal), and the U.S. on-highway retail…