Air Freight News
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…
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Johnson faces pressure from business over post-Brexit trade deal
After feeling ignored over Brexit for the last four years, British business is hoping for a change of fortune in 2020.
Boeing reassigns 737 Max workers with factory shutdown looming
Boeing Co. plans to shut down its 737 Max assembly lines in mid-January and has begun handing out new work assignments to the 3,000 workers…
American Air settles with Boeing after Max’s $540 million drag
American Airlines Group Inc. has reached a settlement with Boeing Co. over last year’s financial blow from the 737 Max grounding, and the carrier said…
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Trump’s blacklisting of Huawei is failing to halt its growth
In the days after the U.S. government said it would bar Huawei Technologies Co. from buying vital American components, the Chinese company’s founder, Ren Zhengfei,…
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Baltimore’s EPA award will replace engines in dray trucks, cargo-handling equipment
The U.S. Environmental Protection Agency (EPA) has awarded the Helen Delich Bentley Port of Baltimore $1.8 million in Diesel Emissions Reduction Act (DERA) funds to…
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Eric Anson named President of Transport America
Respected industry veteran brings proven leadership skills, experience to truckload operation
2019 volatility lifts freight derivative volumes
The freight derivatives markets for both tankers and dry cargo vessels saw increased traded volumes in 2019 according to data released by the Baltic Exchange.
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JetBlue moves to become first carbon-neutral US airline
JetBlue Airways Corp. said it will become the first large U.S. airline to offset emissions from all of its domestic flights, aiming to become carbon…
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FIS Air Freight Report January 6, 2020
With a sharp entry into 2020, a few lanes so show several severe price losses with China to Europe dropping 5 cents from last week,…