Air Freight News
Boeing seeks $60 billion aerospace bailout amid travel collapse
Boeing Co. is seeking at least $60 billion in U.S. government aid for itself and suppliers as the planemaker races to shore up the cash…
Click to Read More
FedEx suspends outlook with virus muddying revamp for e-commerce
FedEx Corp. suspended its financial forecasts as the coronavirus pandemic blurred the demand outlook, upsetting a major overhaul at the courier to cut costs and…
Flights at Chicago Midway resume after virus fears shut tower
Flights to Chicago’s Midway Airport resumed Tuesday evening, ending a temporary halt that occurred after technicians who work in the air-traffic control tower tested positive…
Click to Read More
Southeastern Freight Lines recognized as GlobalTranz Carrier of the Year
Southeastern Freight Lines, a leading provider of regional less-than-truckload (LTL) transportation services, has been recognized as the 2019 Southeast Carrier of the Year by GlobalTranz.
Click to Read More
The end of OPEC is here
Never mind the OPEC+ arrangement, Saudi Arabia’s decision to abandon output restraint is a deathblow for OPEC itself.
COVID-19 Update: Port of NY & NJ Operational Updates
The Port of New York and New Jersey is open and operating under normal conditions amid the unfolding health crisis associated with COVID-19.
Click to Read More
FIS Air Freight Report March 16, 2020
Prices surge across all core APAC routes, China to Europe up 39 cents ($3.03/kg / +14.77%), China to USA explodes up 72 cents ($4.21 /…
Click to Read More
Van rates rise as consumers stock up to fight COVID-19
Van rates rose nationwide, as retailers scrambled to re-stock depleted inventories. The increases were sharpest on short-haul lanes that connect regional distribution centers with consumers…
Click to Read More
Baron announces Threat Net mobile app
Provides Advanced Weather Monitoring on the Go
COVID-19 Update: Port of Hamburg remains in service
On March 13, the German Federal Government announced specific measures to limit the spread of COVID-19. At the same time, the German Chancellor called on…