Air Freight News
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Congo Tries to Blunt Virus Impact as Cobalt Exports Slump
The Democratic Republic of Congo will begin a massive public-health information campaign for hundreds of thousands of hand-miners as part of a plan to offset…
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Airbus to Furlough 3,000 French Staff as U.K. Resumes Work
Airbus SE will furlough around 3,000 staff across three French sites just as employees at its U.K. wing plants prepare to return to work following…
FAA Declines Pilot Union Call for Mandated Virus Safety Measures
The top U.S. aviation regulator said the government won’t mandate that airlines inform staff when crew members they’ve worked with have contracted Covid-19, but is…
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GE Scraps $6.9 Billion Order for Ailing 737 Max in Hit to Boeing
General Electric Co.’s aircraft-leasing division scrapped orders for the 737 Max worth at least $6.9 billion based on list prices, dealing another blow to Boeing…
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Port of Oakland Welcomes 19,200 TEU MSC Anna, one of the largest container ships to call North America
On April 16th, the Port of Oakland hosted Mediterranean Shipping Company’s MSC Anna, a 19,200 20-foot container ship, which is one of the largest container…
Bill Heaney moves to C-level office having previously achieved exceptional results for DB Schenker
Leading global logistics provider DB Schenker has promoted Bill Heaney to the position of Chief Commercial Officer for USA Schenker Inc. In his new role…
Global commercial vehicle production expected to be down 22 percent in 2020
Global commercial vehicle production (GVW 4-8) volumes in 2020 compared to 2019 are forecast to be down 22 percent (more than 650,000 units) to 2.6…
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ATA Joins President Trump in Recognizing America’s Truck Drivers at White House
Event Honors Nation’s Truckers for Their Critical Role in COVID-19 Response
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$20 oil will not devastate UK production, but its not a pretty picture
With the reality that Brent oil prices are scratching closer and closer to $20 per barrel, shut-ins are already happening around the world. Even if…
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Brazil tops savers list as countries with currencies hit by COVID-19 see production costs shrinking
As most operating expenses in oil and gas production are realized in local currencies, a Rystad Energy analysis shows that lifting costs per barrel of…