Air Freight News
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MSC COD - scope: US exports
MSC has filed an increase on the Change of Destination (COD Fee) for US exports effective February 1st, 2022 
Qatar Airways seeks $600 million from Airbus for A350 issues
Qatar Airways is seeking $618 million from planemaker Airbus SE in a dispute over surface and paint quality on A350 wide-body aircraft.
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Cathay slashes cargo capacity, hitting key earnings crutch
Cathay Pacific Airways Ltd. will operate only about 20% of its pre-pandemic cargo capacity this month, a sharp reduction in what has been a rare…
Seafrigo Group expands e-Commerce operations in New Jersey to meet massive demand
The number of Americans buying all types of groceries online nearly doubled in 2020 according to consumer research by NielsenIQ. To cater for the increased…
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Drewry World Container Index - 06 Jan
Drewry’s composite World Container Index increased 1.1% to $9,408.81 per 40ft container this week.
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US natural gas prices spiked in February 2021, then generally increased through October
The wholesale spot price for natural gas at the Henry Hub in Louisiana (the U.S. benchmark for natural gas prices) averaged $3.89 per million British…
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Atlas Air Worldwide purchases four Boeing 777 freighters
Boeing and Atlas Air Worldwide announced an order for four 777 Freighters. The order, placed in December, rounds out a record-setting 2021 for Boeing's freighter…
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BEA News: US international trade in goods and services, November 2021
The U.S. monthly international trade deficit increased in November 2021 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit…
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Quala expands network with the acquisition of five premium facilities
Quala expands its network in the Gulf and Midwest with three acquisitions aimed at expanding capacity and geographic footprint. In December 2021, Quala acquired Haughton…
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5G’s last-minute chaos exposes corporate feuds brewing for years
A long-simmering dispute over promising new wireless technology burst into public view in the past week and threatened to further disrupt U.S. air travel already…