Air Freight News
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Trump mulls national economic emergency declaration to allow for new tariff program, CNN reports
U.S. President-elect Donald Trump is considering declaring a national economic emergency to provide legal justification for a series of universal tariffs on allies and adversaries,…
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Shell warns of weaker fourth quarter LNG, oil trading
Shell trimmed its liquefied natural gas production outlook for the fourth quarter on Wednesday and said oil and gas trading results are expected to be…
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Lufthansa to acquire stake in Italy’s ITA next week, source says
Lufthansa is set to acquire a stake in Italian state-owned airline ITA on Jan. 13, a source familiar with the situation told Reuters on Wednesday,…
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China Cargo Airlines appoints Tam Group as GSSA in the Philippines
Tam Group has been appointed as the General Sales and Service Agent (GSSA) for China Cargo Airlines in the Philippines, with this appointment being recognized…
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Ambercor Shipping participated in air charter transport from Canada to Australia
The Ambercor project team was airside at YYC to oversee the loading of the B747 Freighter, which was quite the spectacle. A charter plane of…
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Southwest Airlines enters sale/leaseback deal for 36 jets
Southwest Airlines said on Tuesday it had entered into a deal to sell and lease back 36 of its Boeing 737-800 aircraft from Babcock &…
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American Airlines back in ‘Big 3’ carriers, brokerages predict strong 2025
American Airlines' stock is poised for a strong 2025 as the carrier emerges from a challenging year, according to brokerages Jefferies and TD Cowen, who…
US sues Cushman & Wakefield, other landlords over alleged rental price coordination
Cushman & Wakefield was among six large landlords sued by the U.S. Department of Justice over alleged anticompetitive practices in housing rental markets on Tuesday,…
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DP World partners with Gemini Cooperation to strengthen Canadian cargo operations
New container services at Vancouver, Prince Rupert, and Saint John enhance trade resilience, connecting Asia, Europe, and North America with improved reliability and efficiency.
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U.S. international trade in goods and services, November 2024
The U.S. monthly international trade deficit increased in November 2024 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit…