Air Freight News
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Realterm’s O’Hare air cargo facility Building 837 recognized as finalist for 2022 BREEAM Award
Realterm announces that its air cargo facility Aero Chicago Building 837 at O'Hare International Airport (ORD ) was one of 15 finalists in the “Your…
US targets Russian chipmaker in fresh round of sanctions
The U.S. announced new sanctions on Russia’s economy, targeting what it said was Russia’s biggest chipmaker and largest exporter of microelectronics, as the Biden administration…
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BA is winner, Air France-KLM loser in EU cargo fines fight
British Airways won a nearly 20% cut in its 104 million-euro ($116 million) European Union fine for plotting to fix cargo fees with rivals including…
Asia takes most Russian Urals oil in 23 months amid Europe snub
Russia’s flagship Urals crude oil is increasingly heading to Asia, as European buyers scale back purchases following Russia’s invasion of Ukraine and international sanctions aimed…
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Ukraine calls on marine insurers to withdraw Russian coverage
The Ukrainian government has asked international marine insurers to stop all dealings with shipping companies carrying Russian fossil fuels in a bid to intensify pressure…
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LATAM increases its cargo transport capacity after receiving the second 767 of its growth plan announced in 2021
• With this aircraft, the company closes Q1 with 13 cargo planes and increases its cargo offer by nearly 10%. • It will initially serve…
Penske Logistics honored by General Motors with multiple supplier of the year awards
Penske Logistics’ work in the automotive sector has been recognized by long-time customer General Motors, with a pair of 2021 Supplier of the Year awards,…
Kenya Airways plans fuel hedges after prices stabilize
Kenya Airways Plc’s board gave approval for the carrier to hedge prices for more than 35% of its fuel needs and is in talks with…
Air Canada plots capacity increase as demand recovers
(Bloomberg) -- Air Canada said it’s poised to recover most of its pre-pandemic capacity this year, issuing a bright outlook for travel as the nation…
Billionaire Friedland secures rail deal to tap Guinea iron ore
A mining company controlled by billionaire Robert Friedland has secured access to a Liberian railway that opens the way for it to tap vast iron…