Air Freight News
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Lufthansa reports 9% drop in third-quarter profit as core brand struggles
German airline group Lufthansa reported a fall in third-quarter operating profit on Tuesday as its flagship brand struggles with low yields, competition with international airlines…
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US goods trade deficit widens sharply in September on imports
The U.S. trade deficit in goods widened sharply in September amid a surge in imports, suggesting that trade remained a drag on economic growth in…
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Net zero target needs $3.5 trillion in annual green energy investment, Wood Mackenzie says
Investment in the green energy transition needs to double to $3.5 trillion per year if the world is to meet the Paris Agreement's goal of…
Why are plastic storage containers becoming popular in retail and manufacturing sectors?
Discover why plastic storage containers are a top choice for retail and manufacturing sectors, from offering durability and efficiency to eco-friendly benefits.
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WestJet Cargo announces launch of Priority product for time-sensitive shipments
WestJet Cargo is set to launch its new Priority product, available across the WestJet Cargo network starting November 4th, 2024. This premium offering gives eligible…
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SmartLynx Airlines receives Foreign Air Transport Operator certificate in USA
SmartLynx Airlines, a globally acknowledged ACMI (Aircraft, Crew, Maintenance, Insurance), cargo and charter operator, has received the Foreign Air Operator Certificate (FAOC) granted by the…
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WorldACD Weekly Air Cargo Trends (week 42) - 2024
Air cargo tonnages from China to Europe have broadly recovered to their levels prior to China’s Golden Week holiday at the start of October, while…
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CrowdStrike, Delta sue each other over flight disruptions
Cybersecurity firm CrowdStrike said on Monday it sued Delta Air Lines in U.S. District Court in Georgia after a faulty software update prompted a global…
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Mexico raises concerns about US plan to bar Chinese vehicle software, hardware
The Mexican government on Monday raised concerns about the Biden administration's proposal to prohibit key Chinese software and hardware in connected vehicles on American roads…
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Port Houston surpasses 3 million TEUs in record time
steel imports also up 25% in September
Port Houston continues to shatter records, in September surpassing three million twenty-foot equivalent units (TEUs) faster than ever before.