Air Freight News
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Drewry World Container Index - 03 Aug
Drewry’s composite World Container Index increased by 11.8% to $1,761.33 per 40ft container this week.
ODW Logistics joins Pelotonia’s celebration of 15 years of one goal for cancer research and funding
ODW Logistics provides logistics and transportation in support of Aug. 5 and 6 Pelotonia celebration of one goal
Northland Insurance launches new tools to help trucking customers improve driver safety, mitigate risk and reduce costs
Northland Insurance, the largest trucking wholesale insurance company in the United States and a subsidiary of The Travelers Companies, Inc.
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Inflation-adjusted U.S. energy spending increased by 25% in 2021
In 2021, the amount U.S. consumers spent on energy (energy expenditures) grew to over $1.3 trillion when adjusted for inflation, a 25% increase from 2020,…
Worksport CEO Rossi remarks on factory opening
Steven Rossi, the CEO of Worksport Ltd. (the “Company” or “Worksport”), made the following remarks regarding the Company’s commencement of production of hard-folding tonneau covers…
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TT Club’s commitment to loss prevention further reinforced
With the publication of TT Club’s 300th Edition of its monthly advisory TT Talk, the international freight transport insurance specialist announces additional resource for its…
Lufthansa, Wizz slide on cost pressures, capacity plan pullbacks
Deutsche Lufthansa AG and Wizz Air Holdings Plc slid after reporting robust quarterly results, as investors focused in on capacity constraints and cost pressures that…
Russia will cut its crude exports by 300,000 B/d in September
Russia will prolong a cut in its crude exports into September, while tapering the size of the supply reduction, according to Deputy Prime Minister Alexander…
Wizz Air scales back growth plans on engine woes, yields
Wizz Air Holdings Plc scaled back its growth plans citing engine issues as well as a desire to increase yields, even as it reported fiscal…
China spooks commodity traders with probes into shady deals
Chinese authorities are intensifying a crackdown on some commodities transactions they view as offering little economic benefit, leading to a pullback by industry participants that’s…