Air Freight News
IBA reveals double-digit rise in commercial passenger flights by Chinese operators
IBA’s latest Aviation Industry Barometer revealed that commercial passenger flights recorded by Chinese operators in Q2-2024 have risen by 14.4% year-on-year. 1.35m commercial passenger flights…
BlueGrace Logistics announces executive promotions to support continued growth and expansion
BlueGrace Logistics, a leading third-party logistics (3PL) provider operating within North America, has announced the promotion of Mike Meier to Chief Financial Officer (CFO) and…
Saudi Arabia raises oil prices to Asia in sign of faith in demand
Saudi Arabia raised the price of its flagship crude to Asia for the first time in three months, a tentative sign that the kingdom remains…
A gas carrier faking its location helps Russia avoid sanctions
A liquefied natural gas tanker that’s docked at a sanctioned Russian gas facility has no known insurer, is managed by a little known Indian company…
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East Coast, Gulf dockworkers to meet next month on strike plan
A labor strike that would shut down six out of 10 of the busiest ports in the US just weeks before the presidential election is…
Satellite images show LNG ship at sanctioned Russian plant
A large vessel docked at Russia’s liquefied natural gas export plant in the Arctic last week, according to satellite images, in what appears to be…
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Flexport data shows sailings from China to U.S. West Coast 20 days faster than to East Coast Ports
Sailing times from China to U.S. West Coast ports are averaging twenty days faster than to U.S. East Coast ports, according to the supply chain…
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Two Ventura County Ports drive innovative solutions to improve trade
Following the exciting announcement of a $16 million sub-award from the California State Transportation Agency's Port and Freight Infrastructure Program (PFIP) grant, the Ventura Port…
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WorldACD Weekly Air Cargo Trends (week 30)
Bangladesh disruptions contribute to stalling tonnages in late July...
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ONE released Financial Result for FY2024 1st Quarter
The revenue for FY2024 1st quarter was US$4,211million, up 12% from the same quarter of the last year, with net profit of US$779million (YoY +US$266million)...