Air Freight News
Bird flu impact on US poultry exports is muted, USDA head says
U.S. Agriculture Secretary Tom Vilsack said he doesn’t expect major export losses for U.S. poultry producers from a bird flu outbreak that has spread to…
Polar King International, Inc. adds industry thought leader Wilson to bring a new level of cold storage innovation to company
Polar King International, Inc. announces Kevin Wilson has been named director of engineering, research & development and refrigeration. Wilson, who has close to forty years…
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PSA International completes acquisition of BDP International
PSA International Pte Ltd (“PSA”), a leading global port group and trusted partner to cargo stakeholders, announced today that it has completed its acquisition of…
Yellow Corp. celebrates America’s Trucking Action Plan at White House
Yellow Corporation on Monday congratulated the Biden-Harris Administration on the progress made in the implementation of the “Trucking Action Plan,” which aims to strengthen America’s…
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JetBlue offers $3.6 billion for Spirit, disrupting rival bid
JetBlue Airways Corp. offered to buy budget carrier Spirit Airlines Inc. for $3.6 billion, potentially spoiling a competing bid by rival Frontier Group Holdings Inc.…
US to sanction Putin children, banks over Bucha atrocities
The U.S. will impose new sanctions on Russia, including penalties on two of its largest banks and President Vladimir Putin’s daughters, following allegations of atrocities…
Jet Airways coming back with premium and no frills hybrid model
Jet Airways India Ltd., which is undergoing a court-monitored restructuring, plans to return with a hybrid of premium and no-frills services that would allow the…
Commodities volatility is here to stay, Cargill says
Wild swings in commodities from wheat to crude oil are here to stay with global supply chains getting reassessed in the wake of Russia’s invasion…
Europe’s Russia coal ban foreshadows higher global energy prices
Europe is taking a big gamble as it moves to ban Russian coal, potentially leaving itself vulnerable to shortages and rolling blackouts while the rest…
Ruble erases invasion loss, bucking default risks, sanctions
The Russian ruble has wiped out the steep losses it incurred in the weeks after President Vladimir Putin sent troops into Ukraine.