Air Freight News
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Dreary World Container Index - September 3rd
Drewry’s composite World Container index increased by 9.5% to $2,464.35 per 40ft container (updated Thursday, 3 September 2020).
PGT Services LLC becomes new company, independent of PGT Trucking Inc.
PGT Trucking Inc., a leader in the transportation industry, is pleased to announce the formation of PGT Services LLC as a separate and independent company.…
2020 transportation award winners focus on environmental sustainability, new technologies, mobility and development
The International Bridge, Tunnel and Turnpike Association (IBTTA) today announced the seven winners of its prestigious 2020 Toll Excellence Awards acknowledging industry leaders implementing transportation…
Canadian trade recovers to within 5% of pre-pandemic levels
Canadian trade with the rest of the world continued its recovery to more normal levels as the global economy rebounded from Covid-19 lockdowns.
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US trade deficit swelled to biggest since 2008 in July
The U.S. trade deficit swelled to the widest in 12 years in July, with the surplus on services plunging to the lowest since 2012, pointing…
UK races to fix ‘critical gaps’ in Brexit border plan
Boris Johnson’s officials are urgently working to avert a major border crisis when the U.K. leaves the European Union’s trade regime, amid warnings vital government…
Ethiopian Air in talks with South African flag carrier on rescue
Ethiopian Airlines Group is among companies in talks with South Africa’s government about potentially offering support to the country’s insolvent state airline, according to people…
China affirms right to approve tech deals as TikTok sale looms
China emphasized its right Thursday to approve or block the sale of technology abroad, confirming it will play a critical role in the sale of…
China now rivals Ireland in the big league of aircraft leasing
The number of China-based aircraft lessors that rank among the top 50 globally jumped to 13 from nine in a six-month period even as the…
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Indian cotton group wrestles with US over who gives better forecasts
Grumblings from an Indian cotton industry group have been growing louder against the U.S. Department of Agriculture over who is the more accurate forecaster for…