Air Freight News
Person on Austin, Texas, Runway Killed as Southwest Plane Lands
Police and federal aviation officials are investigating the death Thursday night of a person who was on a runway at an Austin, Texas, airport as…
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Pandemic’s Economic Toll Sparks New Call in U.S. to Abolish WTO
The World Trade Organization is coming under fresh criticism from Washington, this time from a Midwestern lawmaker who sees the coronavirus pandemic as an opportunity…
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Oil Slips With Glut Concerns Reversing Saudi Price Hike Boost
Oil fell in a day of wild price swings as investors weighed supply-and-demand fundamentals against Saudi Arabia’s global price hike.
JetBlue Sells Loyalty Points to Bolster Cash by $150 Million
JetBlue Airways Corp. sold loyalty points to Barclays Plc for $150 million, making the carrier among the first in the U.S. to use the method…
United Airlines Sees Weak Demand for $2.25 Billion Junk Bond
United Airlines Holdings Inc.’s junk-bond sale is struggling to gain traction with investors as orders of just $1.5 billion were placed for the $2.25 billion…
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Dow Explores Sale of Its Ports, Storage, Rail Businesses
Dow Inc. is exploring the sale of its ports on the U.S. Gulf Coast and six railway hubs as it refocuses on chemicals, according to…
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Konecranes wins Fennia Prize 20 award for its innovative S- and C-series lifting products
Konecranes’ benchmark-setting S-series cranes and C-series hoists have been recognized by Design Forum Finland, winning the 2020 Fennia IPR Excellence prize for the protection of…
ICTSI 1Q2020 reduction in net income reflects impact of COVID-19 – down 18% to US$59.6M
ICTSI Chairman and President said: “For many people around the world, livelihoods have been severely impacted by the outbreak of COVID-19. This pandemic is having,…
Odfjell SE 1Q20: Improved results despite a market facing several uncertainties
Odfjell SE today reported its results for the first quarter of 2020. The report shows improved results driven by increased earnings in Odfjell Tankers as…
OOCL trans-Pacific trade – service update for May and June
In response to the expected low demand in the market, we would like to provide an update to the OOCL April 15 and April 29…