Air Freight News
Baker Hughes joins Halliburton in Ida-fueled earnings hit
(Bloomberg) -- Another disappointment to jolt the oil-services sector: Baker Hughes Co. reported a third-quarter earnings stumble that included pain from Hurricane Ida and a…
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US blasts China’s harmful industrial policies in WTO review
The U.S. blasted China’s trade policy, accusing its closest economic rival of failing to play by the rules of international commerce for two decades.
Port of Little Rock reports September shipping
The Port of Little Rock saw near normal activity in September. There was a total of 294 railcars switched and invoiced for the month. The…
Serum CEO sees India restarting exports to Covax in weeks
India will likely restart Covid-19 vaccine exports to the Covax global sharing body by the end of this month or early November, the head of…
U.K. natural gas middleman CNG seeks orderly exit from wholesale energy market
CNG Group Ltd., which provides natural gas to U.K. utilities, said it will stop offering the service at the end of next month as it…
American Air loss Is less than expected despite rising costs
(Bloomberg) -- American Airlines Group Inc. posted a loss that was narrower than expected while warning that costs this quarter will continue to pinch profit…
Union Pacific posts profit above estimates, cuts volume goal
(Bloomberg) -- Union Pacific Corp. posted profit that topped analysts’ expectations as cost cuts and price increases bolstered the bottom line even as cargo growth…
Korea exports jump in early data as recovery chugs ahead
South Korea’s early trade report showed exports continued to post strong gains in October, weathering headwinds from global supply chain snags and China’s slowdown.
Coal and iron pile up in South Africa on rail constraints
Kumba Iron Ore Ltd.’s struggle in getting supplies to ports is further highlighting the constraints South Africa faces in exporting key commodities including coal.
Southwest Air cuts flight schedule again to smooth operations
Southwest Airlines Co. trimmed its flight schedule for the second time since August, cutting back on fourth-quarter flying as it struggles to hire enough workers…