Air Freight News
Demand for pallet trucks to soar with high penetration of E-commerce and warehousing, reveals Fact.MR
The global pallet trucks market is poised to grow at a positive CAGR of ~ 6.9% over the forecast period (2019-2028). The market has witnessed…
XPO Logistics announces exploration of strategic alternatives for one or more business units
XPO Logistics, Inc. today announced that its board of directors has authorized a review of strategic alternatives, including the possible sale or spin-off of one…
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CSafe expands service center in South Korea for active temperature-controlled containers
CSafe Global, the innovation leader in active temperature-controlled container solutions for the transport of life-enhancing pharmaceuticals, widens its operational footprint with the opening of an…
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LATAM Cargo Group opens new controlled-temperature cooler facility Brazil
New temperature-controlled cooler in Brazil will promote the export of perishables from South America
Oil advances on optimism sparked by historic US-China truce
Oil rose to the most in more than a week as the preliminary trade truce between the U.S. and China fanned optimism about economic growth.
FAA’s assumptions in Boeing 737 Max approval faulted by experts
Decades-old assumptions about how pilots would behave and a failure to grasp the complexity of a new flight-control system plagued the design certification of Boeing…
XPO jumps most since August after CEO seeks to break up company
XPO Logistics Inc. jumped the most in five months after the trucking and warehouse operator said it’s considering the possible sale or spinoff of four…
EU calls Trump trade tactics short-sighted, focused on election
The European Union’s new trade commissioner criticized U.S. President Donald Trump’s tariff pressure as a short-sighted strategy that’s motivated by a desire to get re-elected…
S. African Airways to sell nine planes to accommodate new fleet
South African Airways has put some of its aircraft up for sale to accommodate the new Airbus A350-900s the airline recently added to its fleet,…
Southwest pulls 737 Max from flights until June, joining US rivals
Southwest Airlines Co., the largest operator of the Boeing Co. 737 Max, is joining U.S. rivals in removing the grounded plane from its flight schedule…