Air Freight News
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Girteka Group starts cooperation with Fleethand
Girteka Group, the largest asset-based logistics company in Europe, has started working with its new telematics provider, Fleethand. This cooperation will empower Girteka’s ongoing digital…
China’s factory activity sparks hope slump is bottoming out
China’s manufacturing contraction eased slightly in August and a gauge of new orders improved, providing some hope that the worst of the sector’s slump may…
India’s oil imports from Russia plunge to lowest in seven months
India’s appetite for cheap Russian oil took a breather in August as monsoon rains dampened demand and refiners scheduled routine maintenance works.
Xeneta container rates alert: Long-term ocean freight rates plunge by more than 60% in year of decline, but changing fortunes appear imminent
Long-term ocean freight rates slid once again in August, marking the 12th consecutive month of declines for beleaguered carriers.
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Etihad Cargo boosts belly hold cargo capacity with expanded winter schedule
• Etihad Cargo will offer additional belly hold cargo capacity via 90 new passenger flights as part of the airline's winter schedule and offering 29…
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ICTSI inks USD750 million loan facility with Metrobank to boost operations
ICTSI and Metrobank close a USD750 million six-year loan term facility to fund ICTSI’s expansion.
Phillips Industries announces corporate promotions and strategic restructure 
Phillips Industries, an international leader in the design and manufacturing of components and innovative technology solutions for the commercial truck and trailer industry, is thrilled…
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Planned Australian LNG strikes stoke supply concerns. - Rystad Energy’s Gas and LNG Market Update
The gas and liquefied natural gas (LNG) market continues to monitor potential industrial action threatened at major Australian LNG liquefaction plants.
China’s top carriers trim losses on domestic travel rebound
China’s three largest airline companies reported significantly narrower losses for the first half of 2023 as Beijing’s lifting of Covid restrictions late last year unleashed…
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Port of South Louisiana, HOST agree on final purchase price of Avondale Global Gateway
The Port of South Louisiana (PortSL) Port Commission voted to approve the amended purchase agreement with HOST of Avondale Global Gateway (AGG) at the final…