Air Freight News
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Descartes releases August Global Shipping Report: July U.S. container import volumes increase from June and continue to track 2019 performance
Descartes Systems Group, the global leader in uniting logistics-intensive businesses in commerce, released its August Global Shipping Report for logistics and supply chain professionals.
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Yellow sparks bidding war to replace Apollo-led bankruptcy loan
Yellow Corp. has sparked a bidding war between investment firms and a rival trucker interested in funding the now-shuttered company’s liquidation.
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TTF rises 30% on Australian strike risks - Rystad Energy’s Gas and LNG Market Update
The price for front-month gas at the Dutch Title Transfer Facility (TTF) surged by about 30% on Wednesday, 9 August, surpassing $12 per million British…
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MSC rotation change on Far East to Pacific Northwest service
MSC has confirmed the new rotation of its Chinook Service as from week 34. 
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Wilson Sons’ profit increases 23% in the first half
The company recorded robust results in towage, container terminal operational growth and a strong recovery in offshore energy-linked services
NRF economist says growth in consumer spending is slowing
U.S. consumers are still buying more than last year, but spending growth is slowing as the economy settles down amid higher interest rates intended to…
Xeneta container freight update: Spot rates rally on key Far East trade lanes after latest GRI moves
Spot rates for containerized ocean freight have climbed across three leading Far East export corridors after the latest round of General Rate Increases (GRIs) from…
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deugro delivers two oversized and heavy lift drum sections for the pulp and paper industry
For the Golbey PM1 Project, deugro Germany, in close cooperation with deugro China, deugro Belgium and deugro France, successfully delivered two drum sections from China…
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First-quarter capital spending by public U.S. oil companies up, cash from operations down
Financial results for 40 publicly traded U.S. oil exploration and production (E&P) companies show capital expenditure in the first quarter of 2023 increased from the…
AMLO’s airline to take off with $4 billion, 10 jets
Mexico’s new military-run airline will get a $4 billion investment and plans to start operations with Boeing Co. jets, ramping up a plan by President…