Air Freight News
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Port of Oakland container volume grows 7% in March
Total container volume finishes first quarter strong
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United invests in next generation blended wing aircraft start-up JetZero
United has announced an investment in blended wing body (BWB) aircraft start-up JetZero. The company is creating an aircraft design that has the potential to…
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US spirits exports rise 10% in 2024 amid tariff fears
U.S. spirits exports rose 10% in 2024 to $2.4 billion, according to a report by Distilled Spirits Council of the United States (DISCUS), driven by…
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Spirit Airlines gets approval for NYSE American listing
Spirit Airlines said on Thursday it has received an approval to list its shares on the NYSE American, weeks after the low-cost carrier emerged from…
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Union Pacific misses quarterly estimates on weak auto shipments
Union Pacific missed Wall Street estimates for first-quarter profit and revenue on Thursday, hurt by weak automotive shipments and lower fuel surcharge, sending its shares…
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Signal Ocean Tanker - Weekly Market Monitor
Snapshot of crude and product freight rates, supply-demand
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UPS to buy Andlauer Healthcare for $1.6 billion
Parcel giant UPS said on Thursday it would buy Canada's Andlauer Healthcare Group for $1.6 billion, boosting its healthcare logistics business.
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Valero Energy reports first-quarter loss on lower margins, impairment charges
Valero Energy reported a first-quarter loss compared with a year-ago profit on Thursday, weighed down by lower refining margins and around $1 billion in impairment…
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Boeing CEO ‘won’t be shy’ about bringing in new execs if needed
Boeing CEO Kelly Ortberg praised the performance of upper management at the company on Thursday, but said at its annual general meeting that he would…
Worker fatalities, injuries in highway & bridge construction sector decline
The highway and bridge sector is making measured progress in reducing worker deaths and injuries compared to the broader construction industry, according to an analysis…