Air Freight News
ASA & NBB express concerns over supply chain (but not soy oil)
As the House Agriculture Committee hearing on The Immediate Challenges to Our Nation’s Food Supply Chain convenes Nov. 3, producers, processors, and users of soy…
Click to Read More
Turkish Air’s profit beats estimates on surge in cargo sales
Turkish Airlines reported third-quarter profit that beat expectations as cargo operations and reductions in staffing costs boosted earnings. The shares soared the most in eight…
Wizz Air puts growth before margins in challenge to Ryanair
Wizz Air Holdings Plc said it will cut fares at the expense of profitability in a bid to pack planes and grab market share as…
Emirates to start daily Tel Aviv flights, joining Etihad
Gulf carrier Emirates will begin daily flights to Israel, adding the heft of its global network to a growing air-travel market made possible by diplomatic…
German factory orders rebound on higher demand from abroad
German factory orders rebounded in September amid greater demand for investment goods outside the euro area, hinting at a boost to production once supply bottlenecks…
Click to Read More
China says it won’t abandon climate goals by moving back to coal
China is unlikely to embark on major new developments of coal-fired power even as it boosts output of the fuel to ease electricity shortages, according…
U.S. expresses ‘serious concerns’ over Mexico’s electricity plan
The U.S. has “serious concerns” about the nationalist electricity reform proposed by Mexico’s president, ambassador Ken Salazar said, echoing increasing congressional criticism of the nation’s…
Oaktree, American Industrial exploring sale of Rand Logistics
Oaktree Capital Management LP and American Industrial Partners are exploring a sale of marine transportation company Rand Logistics, which could fetch more than $1 billion,…
Boeing’s 747 Jumbo Jet era to close next October, buyer says
Boeing Co. is poised to deliver its final 747 jumbo freighter next October, marking the end of production of a storied hump-nosed jetliner that introduced…
Click to Read More
Rogue tomato shipment caught by Ag specialists at CBP
U.S. Customs and Border Protection (CBP), Office of Field Operations (OFO) Officers, Agriculture Specialists, at Pharr International Bridge detained a shipment of tomatoes from a…