Air Freight News
Palm oil farmers rally to protest Indonesia’s export ban
Hundreds of smallholders in Indonesia, the world’s biggest palm oil shipper, rallied to protest against a ban on exports of the commodity, piling pressure on…
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US-EU trade, technology disputes persist despite unity on Russia
The US and EU celebrated a transatlantic partnership reinvigorated in part by its unprecedented cooperation against Russia’s invasion of Ukraine, but the public unity masks…
Selling troubled flag carrier a tough task for new Sri Lanka PM
Sri Lanka’s new Prime Minister Ranil Wickremesinghe wants to sell the national airline, saying the country’s poorest people who’ve never flown shouldn’t be saddled with…
United Air raises outlook for summer travel as demand heats up
United Airlines Holdings Inc. sees even stronger travel demand this summer, with second-quarter passenger revenue increasing as much as 25% over the 2019 level, the…
European gas prices rise as traders weigh LNG, Russia supplies
European natural gas futures rose, with traders focused on supplies from Russia and the continent’s imports of liquefied fuel.
Johnson pledges ‘legislative solution’ to amend Brexit deal
The UK will lay out its plan to amend its post-Brexit trade deal Tuesday in a direct challenge to the European Union, which is insisting…
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US plans to boost penalty on Russia, China export violations
The US plans to increase the penalties for companies violating rules that limit export of products that threaten national security, an effort recently focused on…
FTR reports pull back in trailer orders during April reflecting caution in the market
FTR reports preliminary trailer orders fell back substantially in April to 16,800 units, 53% below March order activity with a +4% y/y comparison. Trailer orders…
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HSV approved to land commercial space vehicles FAA grants license
• Huntsville International Airport is first commercial airport in the US to receive license to land commercial space vehicles • Initial license specific to Dream…
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Chinese rival to Boeing, Airbus narrowbody completes test flight
A Chinese rival to Boeing Co.’s 737 Max and Airbus SE’s A320neo narrowbody aircraft completed its first pre-delivery test flight, according to a CCTV report.