Air Freight News
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UFO beginning 2020 with a new member in Namibia
UFO has announced representation in Namibia with Pronto Global Air & Ocean Freight! The company have offices in Windhoek and Walvis Bay and are FIATA…
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Rates beat all 2019 averages for vans and reefers
The national average van rate hit $1.98 for dry vans last week. That's 4¢ per mile above the December average and higher than any monthly…
J.B. Hunt closes decade with two company-first achievements
J.B. Hunt Transport Services, Inc., one of the largest supply chain solutions providers in North America, recently recognized its first company driver to complete five…
Here’s how the European Union runs a trade surplus with…itself
The European Union has a growing trade surplus with itself, a statistical discrepancy that may indicate value-added tax fraud of more than 60 billion euros…
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US trade gap shrinks to smallest since 2016 on export gain
The U.S. trade gap narrowed in November to the smallest in three years as exports advanced amid a thaw in the trade war with China,…
CN Rail strike takes a toll on Canada’s trade balance
Canada’s trade gap reached C$1.1 billion ($847 million) in November after a multi-day rail strike disrupted transportation of key goods, causing exports to drop for…
South Africa car exports accelerate to record high in 2019
South African vehicle exports reached a record high in 2019, partially offsetting a decline in domestic vehicle sales.
France says Davos deadline set to calm trade tensions with US
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Norwegian Air gains as carrier reaps rewards of cost focus
Shares in Norwegian Air Shuttle ASA rose after the low-cost airline that had once targeted growth at any cost showed it’s now improving profitability.
GM warns China sales will remain weak this year
General Motors Co. warned pressure on its China business to persist this year as the world’s biggest auto market suffers a prolonged slump, exacerbated by…