Air Freight News
Bluejay Capital Partners completes acquisition of Pacific West
New ownership will continue focus on customers while expanding services and operating range
CMA CGM THC update in Darwin, Australia (import/export)
CMA CGM has announced the following THC update in Darwin, Australia Effective January 1st, 2022 (date of loading in the origin ports) and January 25th,…
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China set to fall short on promises to US as trade deal ends
When the trade deal between China and the U.S. was signed in January 2020, there was some hope that it would lead to a reduction…
Gazprom sees gas 2022 export price up 6% in conservative outlook
Gazprom PJSC’s 2022 budget took a typically prudent view of gas prices, despite record-high energy costs in its main export market and few signals Europe’s…
Airbus on track for delivery goal, despite A350 handover snag
Airbus SE is on track to meet its 600-jet delivery goal for 2021, according to people familiar with the situation, though holdups with the handover…
Cuba sees 2021 inflation of 70% amid reforms and import hikes
Cuba sees inflation finishing 2021 at roughly 70%, driven by painful economic reforms and the increased price of imports, Economy and Planning Minister Alejandro Gil…
Wizz buys Norwegian slots at Gatwick to boost U.K. business
Discount carrier Wizz Air Holdings Plc will increase its presence in the U.K. after agreeing to buy takeoff and landing slots from Norwegian Air Shuttle…
Intel comes under fire in China over Xinjiang labor stance
Intel Corp. is facing criticism in China after it asked suppliers not to use Xinjiang labor or products, threatening to ensnare the U.S. chipmaker in…
Cathay warns of ‘several’ more flight cancellations in January
Cathay Pacific Airways Ltd. warned of several flight cancellations to and from Hong Kong in January as operational and travel restrictions continue to affect its…
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NWSA import volumes continue growth trend
The Northwest Seaport Alliance saw a 7.8% increase year over year from November 2020, handling a total of 325,604 twenty-foot equivalent units (TEUs).