Air Freight News
Boxwheel Trailer Leasing acquires Fleet Trailer Leasing El Paso, TX, location
This acquisition enables customers in the El Paso and Juarez, Mexico, semi-trailer rental and leasing markets to benefit from Boxwheel’s deep trailer rental expertise, expanded…
Trades unions and Ørsted agree to build offshore wind energy industry with American labor
A first in the U.S., the National Offshore Wind Agreement sets industry on a course to build an equitable offshore workforce with family-sustaining careers
West Coast ports generate $2 trillion in economic value for U.S.
New research shows that while future port expansion could attract West Coast volumes, ports on the East and Gulf coasts currently lack capacity for cargo…
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Matthew Emer named Landstar Agent Rookie of the Year
Landstar defines a rookie as an independent agent who is new to the Landstar network, but not necessarily new to the transportation industry.
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British Airways parent IAG slows growth amid staff shortage
British Airways parent IAG SA reported worse-than-expected earnings and tempered plans to boost capacity after staffing shortages at London’s Heathrow airport slowed its U.K. expansion.
EU revises Russia oil ban plan to give Hungary more time
The European Union has proposed a revision to its Russia oil sanctions ban that would give Hungary and Slovakia an extra year, until the end…
Vietnam apparel plants struggle as China lockdowns hit supplies
Vietnam’s clothes and shoe factories are struggling to meet orders as supplies of Chinese material used to make everything from sneakers to pants are drying…
Food prices hold near record as Ukraine war upends trade
Global food prices held near a record as crop trade is disrupted by the war in Ukraine, exacerbating tight supplies and stoking inflation.
Russian energy ban would worsen U.K. inflation, BOE’s pill says
A full European embargo on Russian energy supplies will drive inflation in the U.K. even higher than the 40 year record that it is on…
Finland is severing oil ties with Russia, trade data shows
Finland managed to cut the amount of oil it imports from Russia just after the invasion of Ukraine started in late February.