Air Freight News
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ACT research For-Hire Trucking Index highlights tght supply-demand balance
The latest release of ACT’s For-Hire Trucking Index, with October data, showed a second consecutive month of record tightness. October’s Volume Index was flat at…
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Logistics Executive Group announces appointment of Kah Soon
Logistics Executive Group is pleased to announce the appointment of Singapore based Au Kah Soon as Associate Director, Asia & Oceania. Kah Soon has previously…
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Africa’s renewable energy capacity is set for consecutive years of growth, exceeding 50 GW in 2025
Africa’s installed capacity of renewable energy, which stood at 12.6 gigawatt (GW) in 2019, is set for consecutive years of growth, a Rystad Energy analysis…
World Distribution Services announces grand opening of 2nd Savannah facility
World Distribution Services (WDS) announced the opening of their brand-new, state-of-the-art distribution center near Savannah, Georgia. The 280,000 sq. ft. facility is located within a…
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Boatloads of cargo off Los Angeles grind gears of world economy
A flotilla of almost a dozen cargo vessels sits anchored just south of Los Angeles this weekend, waiting for berth space. Around the twin ports…
US air travelers surge over 1 million in holiday-season uptick
More than 1 million people flew through U.S. domestic airports on Friday, the second-highest daily total since the coronavirus pandemic hit last spring, even as…
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Airline lobby is building a Covid ‘Travel Pass’ to spur flights
Global airline lobby IATA is working on a mobile app that will help travelers demonstrate their coronavirus-free status, joining a push to introduce so-called Covid…
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XPO’s Europe sale is said to slow as Blackstone drops out
XPO Logistics Inc.’s sale of its European supply chain business has slowed after a key bidder dropped out of the process, people with knowledge of…
Brexit deal outline may emerge within days, Irish premier says
Ireland’s premier said he is hopeful the outline of a post-Brexit deal trade deal between the U.K. and European Union will be clear by the…
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Peas and lentils are the latest to be hit by container squeeze
A shortage of containers at Vancouver’s port is slowing Canada’s exports of lentils and peas, the latest ripple in a phenomenon that has roiled trade.