Air Freight News
Airlines waive reschedule costs as G-20 disrupts India flights
Airlines in India plan to forgo costs for passengers who reschedule or cancel flights during the Group of 20 summit taking place this week.
UK air-traffic software misread spots on map to cause outage
The UK’s worst air-traffic outage in a decade was caused by an anomaly in the airspace manager’s software system, which confused two geographical checkpoints separated…
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Panama Canal’s low water delays could last 10 months impacting U.S. Gulf/East Coast ports
The Panama Canal’s drought induced low water problems are causing vessel traffic jams that could last for the next ten months according to the Athens-based…
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FIT Alliance launches eBL declaration to secure commitment to digitalization
BIMCO, DCSA, FIATA, ICC, and Swift (The FIT Alliance) have launched the “Declaration of the electronic Bill of Lading” as the adoption of eBLs can…
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Oil jumps to 10-month high as Saudi Arabia extends voluntary cuts – Rystad Energy Oil Market Note
Global oil markets responded quickly today after news of extended voluntary production cuts from Saudi Arabia and Russia.
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DHL Express launches its first network flight to Argentina
With a capacity of 52 tons per flight, this new direct route benefits customers shipping between the U.S. and Argentina
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In 2023, U.S. renewable diesel production capacity surpassed biodiesel production capacity
In January 2023, U.S. production capacity of renewable diesel and other biofuels reached 3 billion gallons per year, surpassing U.S. biodiesel production capacity for the…
WTO chief criticizes rich nations for protectionism
The head of the World Trade Organization sharply criticized western governments for embracing protectionist policies and shifting toward a power-based global trading system.
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China’s largest export market is now much closer to home
China’s largest export market is no longer the US and Europe. They’ve been overtaken by Southeast Asia.
Imaginnovate AI tool automates logistics pricing 
Dynamic Pricing Engine for an industry under pressure