Air Freight News
Stonemont caps banner inaugural year for Industrial Service Facility campaign
Stonemont Financial Group, a private real estate investment firm specializing in industrial development, acquisitions and net lease investments, announced today that the firm’s Industrial Service…
FEAM AERO expands European presence with the acquisition of Northern Aerotech 
FEAM AERO, a US-based MRO providing aircraft maintenance to domestic and international air carriers, will extend its European reach with the acquisition of Northern Aerotech,…
OLIMP Freight launches a mobile app providing on-demand warehouse solutions
OLIMP Freight, a Chicago based technology startup, announced the official launch of their mobile application. The online platform connects carriers and brokers with on-demand warehouses…
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Vietnam Airlines selects BFS for cargo handling in Bangkok
Vietnam Airlines has appointed Bangkok Flight Services (BFS), the joint venture subsidiary of Worldwide Flight Services (WFS) in Thailand, as its new cargo handler at…
Total Distribution, Inc. recognizes seven employees in upcoming promotions
Total Distribution, Inc. (TDI) recognizes seven employees on their upcoming promotions. Each of the following team members have been instrumental in the company’s success, growth,…
US airlines rally as they see path to profit despite fuel jump
U.S. airline stocks climbed as the carriers said they will trim flying to remain on track toward profits even as fuel prices soar.
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Maersk chairman sees Russia’s economy suffering for many years
A.P. Moller-Maersk A/S’s decision to leave Russia will be expensive, but it’s the right call from both a moral and financial point of view, according…
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UK commits £1.8 million for UNCTAD’s work to ease trade
The funding extends an ongoing partnership that has supported over 25 countries to expedite the movement of goods and strengthen public-private collaboration.
Delta is working with Air France-KLM on possible bid for Italian airline ITA
Delta Air Lines Inc. said it’s working with Air France-KLM as the Paris-based airline considers joining in the bidding for a stake in Italy’s state-owned…
[Freightos Weekly Update] China lockdowns latest shock to ocean and air
Key insights: 1 The COVID lockdown in Shenzhen – scheduled to last until the 20th – has closed factories and warehouses, though ports remain open…