American Air’s 74% Jump in Flying Signals Travel on the Mend
American Airlines Group Inc. surged the most on record after the carrier said it would boost July flights 74% compared with this month, signaling that…
Trump’s Promised Farm Bonanza From China Deal Far From Fulfilled
President Donald Trump’s promise that his phase one trade deal with China would provide a $36.5 billion election-year bonanza for his rural base was always…
U.S. Airlines Object to China’s Once-a-Week Flight Limit
U.S. carriers objected to China’s plan to ease its ban on foreign airlines starting June 8 -- a course-change that came a day after the…
Lufthansa to Depart Germany’s DAX Benchmark After 32-Year Stay
Germany’s flag carrier is being removed from the country’s benchmark stock index for the first time since the gauge’s inception more than three decades ago,…
Senators Push ‘Unprecedented’ Sanctions on China Over Hong Kong
A Senate Republican who’s sponsoring legislation to penalize banks that work with Chinese officials moving to crack down on dissent in Hong Kong said his…
Air cargo down 15% between the US and foreign points, March 2020
U.S. and foreign airlines carried 15.2% less cargo by weight between the U.S. and foreign points in March 2020 than in March 2019, according to…
Tropical Shipping implements Octopi by Navis at its St. Thomas location
Octopi, part of Navis and Cargotec Corporation, the provider of operational technologies and services that unlock greater performance and efficiency for leading organizations throughout the…
Hapag Lloyd Mediterranean Pacific service (MPS) – extra loader to North America West Coast
Hapag Lloyd announced that it added the vessel SEASPAN HAMBURG Voyage 016 NB into its Mediterranean Pacific Service (MPS) to avoid schedule issues due to…
US$81+ million of equipment sold in Ritchie Bros.’ largest-ever Fort Worth, TX auction
Ritchie Bros. conducted its largest ever Fort Worth, TX auction this week, selling close to 5,300 equipment items and trucks for US$81+ million. Due to…
Keeping goods moving via Frankfurt Airport: Europe’s leading cargo airport ensures delivery of vital supplies
The global coronavirus outbreak has rapidly changed the airfreight business. Import volumes at Frankfurt Airport (FRA) have risen sharply, while exports have stagnated. Transfer cargo…
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