Air Freight News
American Air sees higher revenue, expenses in second quarter
American Airlines Group Inc. expects revenue to balloon well above its original expectations this quarter as consumers swarm back to travel following the pandemic, helping…
US sanctions threaten empire of Russian steel mogul Mordashov
US sanctions on Alexey Mordashov have put the steel magnate’s empire in peril, underlining how the war in Ukraine is upending the businesses of some…
Strong tanker market due to sanctions and high demand for oil
The product tanker market has strengthened significantly during April and May, with market rates at much higher levels than for both Q1 2022 and the…
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Deltamarin and Technava continue collaboration
Deltamarin has recommenced an agency agreement with Greek marine equipment agency and technical services support company Technava.
Frontier Airlines and Spirit Airlines announce amended merger agreement
Spirit Airlines, Inc. ("Spirit" or the "Company")and Frontier Group Holdings, Inc. ("Frontier"), parent company of Frontier Airlines, Inc., announced an amendment to their previously announced…
Readout of Deputy Secretary Don Graves meeting with EU Commission on export controls
Deputy Secretary of Commerce Don Graves traveled to Brussels, Belgium to continue the Commerce Department’s close coordination with the European Union on the imposition of…
MSC introduces updated Emergency Intermodal Charge
MSC announced that effective date July 1st, 2022 Gate in Date at POL, following has been filed with the FMC applicable to all intermodal shipments…
Port Freeport receives additional funding for channel improvement project
To date a total of $117 million has been allocated to the Project for construction since receiving a “new start” designation and initial construction funding…
Aeronet Worldwide announces opening of Louisville Station
Aeronet expands its presence in the Southeast.
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Long Beach Harbor Commission approves 2023 budget
Cargo growth expected to boost Port of Long Beach’s revenue almost 11%