Air Freight News
G-7 aiming to force Russian oil away from shadow fleet, UK government official says
A UK official said that Group of Seven nations are aiming to curb Russia’s ability to use a vast shadow fleet of tankers to deliver…
UPS climbs most since 2022 as cost cuts spur UBS upgrade
United Parcel Service Inc. rose the most in more than a year after UBS Group AG upgraded the courier to buy, predicting the company will…
Sweden scraps probe into Nord Stream gas pipeline blasts
The sabotage of two undersea gas pipelines in 2022 remains a mystery as Sweden ended a probe without reaching any clear conclusions on the identity…
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Groundbreaking for new DHL Global Forwarding air freight center at Frankfurt Airport 
DHL Global Forwarding expands and modernizes its biggest German air freight facility / Further milestone in the development of Europe’s leading air cargo hub
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Japan’s Mitsui OSK says old LNG carriers have big methane issue
Methane leaks from an older generation of ships powered by liquefied natural gas are limiting the climate benefit of the fuel, Mitsui OSK Lines Ltd.…
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Lufthansa ground crew strike leaves 100,000 facing disruptions
More than 100,000 passengers face flight disruptions as a result of strike action by Deutsche Lufthansa AG ground personnel on Wednesday, as Germany’s national carrier…
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FAA chief says Boeing’s repeat lapses led to tighter oversight
The Federal Aviation Administration’s top official pledged to hold Boeing Co. accountable for any quality lapses as the agency examines the US planemaker’s manufacturing processes…
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Pharma.Aero expands global membership with six key additions
DB Schenker, JAS, MSC Air Cargo, OnAsset Intelligence, Medista, and xpd global have joined the association
Biden-Harris Administration invests nearly $16 million to advance marine energy in the U.S.
In support of the President’s Investing in America agenda the Department of Energy (DOE) today announced two innovative marine energy projects will receive a combined…
EIA increased its U.S. natural gas consumption forecast for the first quarter of 2024
The U.S. Energy Information Administration (EIA) estimates that U.S. natural gas consumption reached a record high in January at 118 billion cubic feet per day…