Air Freight News
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Commerce Secretary Raimondo plans August China trip as tensions over tech controls simmer
US Commerce Secretary Gina Raimondo is planning to visit China in late August, according to people familiar with the matter, part of the Biden administration’s…
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Multimodal transportation of 5 heavy transformers from Indonesia to Australia
Total Movements, member of the Worldwide Project Consortium in India, reported about a successful movement of 5 heavy transformers and accessories from Indonesia to Australia.
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Trucking firm Yellow shuts down after financial woes, union says
Trucking firm Yellow Corp. told workers it was shutting down, according to its union, jeopardizing 30,000 jobs as the historic freight brand faces heavy debt…
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Europe faces ‘difficult decade’ against US, China, port CEO says
Europe’s car and chemical makers are at risk of losing competitiveness to China and the US as both industries face persistently high energy costs during…
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Signing contracts for US$49.3M, PIS (Pertamina) now sails across 26 international routes 
PT Pertamina International Shipping (PIS), through its branch office in Dubai, PIS Middle East (PIS ME), has achieved another success by simultaneously signing four business…
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Cargo airline Western Global reaches bankruptcy financing deal
Western Global Airlines LLC has reached a deal with creditors that would allow the cargo carrier to keep operating while it reworks its debt load…
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Hellmann Supervisory Board appoints Drewes as CEO and successor to Heiken
Upcoming leadership change at Hellmann: With effect from August 2024 the Supervisory Board appoints Jens Drewes as CEO and successor of Reiner Heiken
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Cushman & Wakefield arranges sale of single-tenant industrial building in Tolleson, AZ for $8.3 million
Stonelake Capital Partners acquires freestanding asset in sought-after Southwest location
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Port Freeport announces new Environmental, Social, Governance and Sustainability Committee
On June 22nd, Chairman Ravi Singhania, announced the formation of a new Environmental, Social, Governance, and Sustainability (ESG&S) Committee of the Port Commission. 
CMA CGM Overweight Surcharge - Dry cargo from Asia to East Africa
CMA CGM wishes to inform its customers of the following Overweight Surcharge (OWS):