Air Freight News
Emirates fits A380s with upscale coach class as market mutates
Emirates will install premium-economy cabins in three of its existing Airbus SE A380 superjumbos as it prepares for an anticipated shift in demand once the…
European Union knits together strategies to check China
The European Union set out strategies to counter state-funded Chinese takeovers and repatriate the production of semiconductors, just as the U.S. seeks to persuade the…
DHL owner lifts outlook as virus spurs home delivery boom
Deutsche Post AG lifted its full-year target for profit and cash flow as express-delivery arm DHL targets a surge in home shopping spurred by the…
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Australia’s spat with China opens door for grain rival Argentina
Farmers in Argentina are pouncing on a trade feud between grain rival Australia and voracious crop buyer China.
Vestager backs ‘intrusive’ rules as EU targets Chinese firms
The European Union needs “intrusive” rules to prevent foreign state-funded firms -- such as those from China -- from undercutting EU rivals, the bloc’s competition…
Biden commerce chief calls for surge in U.S. chip production
Commerce Secretary Gina Raimondo called for a major increase in U.S. production capacity for computer chips whose current shortages are causing global manufacturing bottlenecks, saying…
Bombardier to exit Alstom stake with $630 million share sale
Bombardier Inc. is selling its stake in Alstom SA in a deal that would generate proceeds of more than $630 million at current market prices.
Johnson and Modi pledge ‘quantum leap’ in U.K.-India ties
The U.K. and India pledged a “quantum leap” in their relationship and said they aim to double their trade by 2030, following a virtual meeting…
Judge says giant ship that blocked Suez can’t leave canal yet
An Egyptian court upheld a ruling preventing the giant container ship that blocked the Suez Canal from leaving the country, after authorities sought more than…
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DAT: Spot rates are in a very different place compared to a year ago
It's been one year since the protests in Washington, DC, when distressed truckers descended on the Capitol to protest low freight rates. The average spot…