Air Freight News
NYC airports’ 96% traffic plunge threatens local financial pain
Air travel at New York City’s airports almost disappeared in March while traffic on the Port Authority of New York & New Jersey’s bridges and…
US says oil tariffs still on the table even after OPEC+ deal
U.S. tariffs on oil imports haven’t been dismissed even after the latest OPEC+ supply deal, according to a senior U.S. government official.
CMA CGM PSS - reefer cargo from West Med and Adriatic to Asia
Peak Season Surcharge (PSS) rates applicable as from May 1st, 2020 (date of loading in the origin ports) until further notice:
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WFS’ CEO praises team for 72-hour ‘cargo handling start-up’ in Liege to cope with surge in freighters carrying medical supplies
Worldwide Flight Services (WFS) took just 72 hours to launch a new ‘emergency response’ cargo handling operation at Liege Airport following a request from the…
TIA awards 34 logistics professionals coveted professional designation
Transportation Intermediaries Association (TIA), the voice of third-party logistics, announced today that 34 logistics professionals were granted the designation of Certified Transportation Broker (CTB).
Ontario International Airport freight shipments surge by 22% in March
Passenger terminals across Southern California’s Ontario International Airport (ONT) have been quiet for much of last month, but air cargo shipments into and out of…
7PSolutions, leader in logistics security and risk management joins national efforts to help combat the spread of Covid-19
7P has launched their Pandemic Monitoring Assistance Program with an initiative offering donated services to help combat the spread of Covid-19.
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Liebherr Container Cranes to supply two rail mounted gantry cranes to Freight Village in Russia
The 600 Ha Freight Village Vorsino, was established in 2012 and is strategically located outside Moscow. As part of the Vorsino Industrial Park, the Freight…
Occidental dilutes Icahn to pay Buffett as debt woes mount
Occidental Petroleum Corp. is paying a special dividend to Warren Buffett in shares rather than cash, diluting investors including activist billionaire Carl Icahn as the…
Henningsen to become new CFO at Hamburg Süd 
Lasse Carøe Henningsen, 46, is to become the new Chief Financial Officer (CFO) at Hamburg Süd. He will be succeeding the current CFO Jakob Wegge-Larsen,…