Air Freight News
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Genuine Parts cuts profit forecast on restructuring costs, tepid auto part demand
Genuine Parts Co on Tuesday cut its full-year profit forecast on higher restructuring costs and weak demand for auto parts. The company also missed its…
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Stocks rise and gold dips as investors regain confidence
Stocks edged up on Tuesday, taking comfort from a possible easing in trade tensions between the U.S. and China and an ebbing of nerves over…
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Earnings wave checks trade and shutdown hopes
While U.S. and world markets got a bounce to start the week, spurred by optimism on trade, hopes for an end to the Washington shutdown…
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Campaigners urge the IMO to keep biofuels out of Net-Zero Framework
Biofuelwatch, Forest Watch Indonesia and Global Forest Coalition are calling the International Maritime Organization (IMO) to exclude harmful biofuels from compliance with the Net-Zero Framework.
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Walmart is Port’s 2025 Shipper of the Year award recipient
Walmart Inc., one of the largest users of The Port of Virginia®, is the recipient of the port’s 2025 Shipper of the Year award.
FTR’s Trucking Conditions Index basically neutral in August
FTR’s Trucking Conditions Index (TCI) improved to an essentially neutral 0.3 in August from -1.03 in July. The gain was due primarily to less challenging…
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Pedro Widmann joins UTC Overseas
The Executive Management Team at UTC Overseas is pleased to announce the appointment of Pedro Widmann as Director Global Project Development. Widmann brings over 30…
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CMA CGM expands in Central Europe with Port of Koper joint venture
The CMA CGM Group, a global player in maritime, land, air and logistics solutions, is strengthening its commitment to Central Europe through the expansion of…
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Air Charter Service reaps rewards in Southeast Asia
Asia has seen strong growth in the private charter market over the first nine months of the year, outperforming the global average (based on WingX…
UNCTAD16 opens in Geneva amid deep trade uncertainty
The 16th United Nations Conference on Trade and Development (UNCTAD16) opened in Geneva under the theme “Shaping the future: Driving economic transformation for equitable, inclusive…