Air Freight News
February another record month at the Port of Los Angeles
The Port of Los Angeles processed 857,764 Twenty-Foot Equivalent Units (TEUs) in February, a 7.3% increase compared to last year. It was the Port’s busiest…
Russia pressures metals producers to keep prices at home low
Russia is in talks with metals companies to set prices for domestic clients below market rates for some period, three people familiar with situation said,…
Ascend adds Heisterkamp to leadership team
18-year industry vet joins as President of Asset Operations to optimize growing network
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Ukraine war’s impact on trade and development
UNCTAD’s rapid assessment of the war’s impact beyond the humanitarian crisis in Ukraine shows a rapidly worsening outlook for the world economy, with the situation…
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Gebrüder Weiss posts growth across the board
Logistics specialist extends its network in Europe and overseas, increasing net sales to 2.5 billion euros / Strong demand for e-commerce / 112 million euros…
Aeromexico tumbles to near zero as meme stock faces final hour
Grupo Aeromexico SAB’s shares fell near the lowest price on record as the company takes the final steps to emerge from Chapter 11.
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EUROCONTROL Data Snapshot on top global airlines
An eighth European airline has joined the global top 40.
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Bartz becomes the new CEO and Chairman of the Management Board of the Rhenus Group
The Supervisory Board of Rhenus SE & Co. KG is appointing Tobias Bartz as CEO and Chairman of the Management Board with effect from 1…
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Move by Congress to revoke Russia’s trade status hits snag
Legislation to revoke normal trade relations with Russia hit a stumbling block in the U.S. House over the procedures for potentially reestablishing the relationship in…
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MSC connects the Baltic Sea and the US East Coast
MSC Mediterranean Shipping Company has announced the launch of a new weekly service connecting the ScanBaltic with the US East Coast, starting end of March.