Air Freight News
American Airlines update on Hong Kong flying
Due to the reduction in demand, American Airlines has extended the suspension of flying to Hong Kong from our Los Angeles hub through March 27.…
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Port of Los Angeles moves 806,144 TEUs in January
The Port of Los Angeles moved 806,144 Twenty-Foot Equivalent Units (TEUs) in January, a 5.4% decrease compared to last year.
Soy shrugs off China’s tariff cut as traders want to see sales
Soybean futures traded with little enthusiasm in a lackluster response to China’s decision to cut retaliatory tariffs on American imports along with other agricultural commodities.…
deugro delivers a dirst in Mozambique
The project alliance of deugro and Manica Freight Services (Mozambique) S.A. have safely completed the first-ever double Antonov 124 flights directly to the gas-rich north…
Oil steadies after Russia asks for time to decide on output cuts
Oil fluctuated after giving up prior gains as an OPEC+ committee recommended output cuts, but didn’t reach a decision on an emergency meeting amid Russia…
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CenterPoint signs 7-year lease with Unis at SoCal Logistics Center in Buena Park, CA
CenterPoint Properties announces the signing of a seven-year lease with Unified Network Information Services LLC (Unis) to occupy the CenterPoint SoCal Logistics Center (SCLC), a…
Port of Oakland appoints first Chief Operating Officer
Veteran aviation executive Kristi McKenney has been named Chief Operating Officer at the Port of Oakland. Executive Director Danny Wan announced the appointment today after…
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Not many safe harbors: corruption risk in the port sector
All markets and industries are exposed to corruption risk, but some sectors are at greater risk than others. Due to the nature of the business,…
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Where will the next wave of disruption in logistics roar?
Disruption in logistics has continued at a rapid pace in the last five years. Supply chain leaders still have trouble understanding which technologies are worthwhile…
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Global air cargo down 4% at start of 2020 as industry awaits impact of coronavirus
The global air cargo market saw a 4% year-on-year decline in the four weeks to February 2, 2020, according to the latest ‘dynamic load factor’…