Swiss president heads to US for talks to defuse tariff threat
Swiss President Karin Keller-Sutter and Business Minister Guy Parmelin flew to Washington on Tuesday, the government said, in a last-ditch effort to avoid the 39%…
Expeditors posts upbeat results on higher freight volumes, customs fees
Global freight forwarder Expeditors International of Washington reported second-quarter profit and revenue above Wall Street estimates on Tuesday, helped by higher airfreight and ocean container…
AIR ONE extends cargo portfolio with launch of scheduled 747 freighter services connecting the UK, Europe, the Middle East & Asia
AIR ONE is extending its global all-cargo services portfolio with the launch of scheduled Boeing 747-400 freighter operations connecting prime freight markets in the UK,…
Nigeria seizes 1,600 birds at Lagos airport bound for Kuwait
Customs officials at Nigeria's Lagos international airport said they had seized more than 1,600 parrots and canaries that were being transported to Kuwait without a…
American Airlines Cargo delivers the bold flavors of sought-after Brazilian root ginger
The 2025 fresh ginger season has successfully concluded, with record tons of premium-quality Brazilian ginger arriving via American Airlines Cargo flights.
Mexico reveals plans to address Pemex debt, boost investment
Mexico's government on Tuesday announced a plan aimed at moving its highly indebted state oil company Pemex toward financial self-sufficiency, and the establishment of a…
Cummins beats quarterly revenue estimates on generator demand; tariff concerns linger
U.S. truck engine maker Cummins Inc on Tuesday reported second-quarter revenue above Wall Street estimates, driven by strong demand for its power generation systems, despite…
US to initially impose ‘small tariff’ on pharma imports, Trump says
President Donald Trump said on Tuesday that the United States would initially place a "small tariff" on pharmaceutical imports before hiking it to 150% within…
Diamondback says it should be Permian’s ‘consolidator of choice’ as oil outlook dims
Shale driller Diamondback Energy said on Tuesday it should remain the Permian Basin's "consolidator of choice" as shale activity slows and the company focuses on…
FTR reports preliminary North American Class 8 net orders for July totaled 12,700 units
Preliminary net orders for North American (N.A.) Class 8 trucks/tractors in July totaled 12,700 units, up 42% month-over-month (m/m) but down 7% year-over-year (y/y) for…
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