Air Freight News
Canadian Pacific sells $8.45 billion bonds for KC Southern deal
Canadian Pacific Railway Ltd. raised $8.45 billion by selling investment-grade bonds in U.S. and Canadian dollars to help fund its acquisition of Kansas City Southern.
GT Wilmington welcomes new customer CMPC first plywood cargo to arrive at the Port of Wilmington
GT USA Wilmington (GTW), the US arm of Gulftainer, a privately owned independent port operator headquartered in the UAE, recently received its very first plywood…
An oil company went up in flames, burning lenders and the planet
Mark Siffin’s foray into the Permian Basin leaves behind financial and environmental wreckage that outlasts his presence in West Texas. 
United Air CEO says carrier poised to pass Delta profit margins
United Airlines Holdings Inc. will eventually surpass profit margins at rival Delta Air Lines Inc. because of its hubs and product improvements, Chief Executive Scott…
TSA screeners face vaccine deadline with up to 40% lacking shots
As many as 40% of U.S. airport security screeners haven’t been vaccinated for Covid-19 as an immunization deadline for federal employees and the busy holiday…
Canadian Pacific to sell $6.7 billion bonds for KC Southern deal
Canadian Pacific Railway Ltd. is tapping the investment-grade bond markets in the U.S. and Canada to help fund its acquisition of Kansas City Southern.
British Airways, American offer free Covid tests to boost business travel
British Airways and American Airlines Group Inc. are offering free Covid-19 tests to corporate road warriors, to smooth the transition away from Zoom calls and…
London spared Brexit pain as EU avoids fund delegation overhaul
The European Union is set to tighten rules on how funds can be managed from outside its borders, while skirting more drastic changes that the…
Etihad Airways CEO says carbon offsets amount to ‘cheating’
Carbon offsets, used by airlines to show they’re neutralizing greenhouse gas emissions, avoid the real challenge of cutting back on CO2, according to the chief…
Chinese telecom gear hit with EU trade tariffs in pricing row
(Bloomberg) -- The European Union imposed tariffs of as much as 44% on optical-fiber cables from China, affecting the supply of next-generation telecommunications equipment used…