Air Freight News
Chip demand will surge from 2024, Tokyo Electron CEO says
The semiconductor industry will return to an exponential growth path next year despite lingering inflationary and geopolitical uncertainties, according to machinery maker Tokyo Electron Ltd.
EIA: Today’s diesel prices
On-highway diesel prices, by week and PADD
Russian oil exports resilient despite full force of Western bans
Russia’s seaborne oil exports remained resilient in February, as the nation found new buyers even as the full force of Western restrictions was brought to…
Container xChange report for freight forwarders: Amidst container surplus, good time to buy containers, enter smaller trade routes and avoid detention charges with SOCs
• SOCs continue to gain acceptance as a low-cost alternative to avoid detention charges and add resilience to container operations even with falling COC rates…
ITS Logistics funding the supply chain & transportation program at the University of Nevada, Reno
ITS Logistics invests in the community and assists in providing potential solutions to the supply chain labor shortage
Lufthansa travelers face agony of choice with many seat options
Deutsche Lufthansa AG unveiled a new cabin configuration that gives passengers more than half a dozen seating options in business class alone, alongside a redesigned…
New York City sees biggest snowfall of season, grounding flights
New York City and the Northeast had a slushy start Tuesday as a storm brought the first significant snowfall of the season to the region,…
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What’s in the Northern Ireland Brexit deal? Here are top five takeaways
Three years after the UK left the European Union, the two have achieved what seemed to be impossible: They clinched an agreement on Northern Ireland’s…
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Apple suppliers are racing to exit China, AirPods maker says
Apple Inc.’s Chinese suppliers are likely to move capacity out of the country far faster than many observers anticipate to pre-empt fallout from escalating Beijing-Washington…
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World’s idled container ships signal bet on China recovery
For a sign of how much global trade has slowed, look no further than idled container ships — unused vessel capacity is near the highest…