Air Freight News
Aqua Power Systems takes aggressive action to combat suspected illegal “naked” short selling
Aqua Power Systems Inc. (“the Company” or “Aqua Power”) a leader in reliable logistics and transportation solutions, held a Special Meeting of the Board on…
Global oil trade shakes up after fires at US fuelmakers
Refinery outages in the US are rippling through the global export markets for oil and forcing producers in Canada to find new buyers to process…
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Midwest Association of Rail Shippers welcomes new officers and executive director
A slate of new officers—along with a new executive director—were introduced at the recent Winter Meeting of the Midwest Association of Rail Shippers (MARS).
Canadian oil flows to Asia surge after US refinery disruptions
Canadian crude shipments to Asia are set to surge to the highest in more than a year as US refinery outages force producers to find…
UK to eliminate tariffs on more than 3,000 exports from Nigeria
The UK government will eliminate tariffs on more than 3,000 products it imports from Nigeria in a bid to boost trade with Africa’s largest economy.
FAA cracks down on contractor linked to January flight grounding
Employees of a small government contractor linked to the massive US air-traffic error that grounded thousands of flights earlier this month have had their access…
American Air sees profit above estimates on steady demand
American Airlines Group Inc. expects profit this year to exceed estimates following a slow start, as steady demand for air travel keeps an industry recovery…
EU considers capping Russian diesel at $100 ahead of import ban
The European Union is floating a plan to cap the price of premium Russian refined fuel exports like diesel at $100 a barrel, with a…
Fevertree blames train strikes for weak sales
Fevertree Drinks Plc said train strikes in the lead-up to Christmas hurt sales and forecast that profit could decline in the current fiscal year as…
Southwest Air sees first-quarter loss after December crisis
Southwest Airlines Co.’s operations meltdown last month will lead to a first-quarter loss as the fallout extends into 2023 from a fiasco that resulted in…