Air Freight News
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LeadCoverage achieves Inc. 5000 ranking for third year
LeadCoverage's continued success showcases the company's expertise, impact, and parallel growth with the supply chain industry
Budget carrier AirAsia gets $443 million private credit deal
Budget carrier AirAsia Bhd has secured a $443 million dual-tranche private financing to use partly for refurbishing planes grounded during the pandemic, according to people…
Saudi Arabia’s sales from oil exports drop to three-year low
Saudi Arabia’s revenue from oil exports has slumped to the lowest level in three years, caused by a drop in prices and the kingdom’s decision…
London-based ship registry helps Russia oil tankers keep running
Three oil tankers that are under British sanctions for transporting Russian petroleum are sailing under the flag of a nation that bases its operations in…
Brazil sees steel imports spike despite protection measures
Brazil continued to see a significant increase in steel imports two months after stepping up protections for its mills amid a flood of cheap imports…
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AgTC’s Friedmann warns Canadian rail stoppage will hurt U.S. exports & imports
Both railroads have said that they will lock out their workers on Thursday, August 22nd, if last minute talks with the Teamsters Union fail.
Fiery Tesla semi crash in California draws US safety probe
The US National Transportation Safety Board opened an investigation into the recent crash and fire of a Tesla Inc. Semi truck in what is believed…
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Rail lockout upends commutes in Montreal, Toronto, Vancouver
Thousands of commuters in three of Canada’s biggest cities are scouring for alternate ways to work due to a labor dispute involving two of the…
Lobito Atlantic Railway exports first copper to US from DRC
The first US shipment of copper from mines in the Democratic Republic in Congo to be transported by the Lobito Atlantic Railway has loaded.
Crew evacuated from Houthi-stricken oil tanker in Red Sea
The crew of a ship that suffered several attacks in the Red Sea has been evacuated with naval support.