Air Freight News
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MC-21-310 flight-test aircraft equipped with Russian PD-14 engines arrived in Zhukovsky to continue flight tests
On June 7, 2021, MC-21-310 flight-tested aircraft after being painted at “Spektr-Avia” arrived from Ulyanovsk in Zhukovsky.
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Ørsted submits bid in response to Maryland’s call for offshore wind projects
Global leader in offshore wind announces significant expansion of investment in Maryland
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Damen & Conrad Shipyard enter license agreement to build first US multi cats for Great Lakes Dredge & Dock
Damen Shipyards Group has concluded a licence agreement with US-based Conrad Industries. The agreement will see the Conrad Shipyard LLC construct two Damen Multi Cats…
GOP senator scoffs at Trump auto-tariff report as secrecy ends
The U.S. Commerce Department released a report this week on proposed auto tariffs that the Trump administration refused to make public.
JLE Industries announces launch of Digital Dispatch within the company’s proprietary DriverOS™ technology
JLE Industries, one of the fastest-growing Flatbed freight solutions providers in North America, announced it has completed the integration of proprietary, digital dispatch and intelligent…
[FBX Weekly] Spot rates hit new highs on July GRIs even as carriers add capacity
Key insights: Just when everyone thought it wasn’t possible, ocean rates on major lanes hit new highs on July 1st GRIs, with Asia-US East Coast…
Saudi Aramco to sell more assets in multi-billion dollar push
The world’s largest oil company, Saudi Aramco, is planning to raise tens of billions of dollars by selling more stakes in its businesses.
US considers whether to take step toward tariffs on Vietnam
The U.S. is discussing whether to move toward imposing tariffs on Vietnam over currency actions that during the Trump era were labeled as unreasonable and…
Russia labeling law cuts off imports of Dom Perignon and Krug
Moet Hennessy halted shipments of Champagnes such as Dom Perignon to Russia amid new rules that now reserve the name for bubbly wines produced locally.
Tycoon Adani seeks $1 billion to refinance Mumbai Airport debt
Indian tycoon Gautam Adani is seeking a loan of about 75 billion rupees ($1 billion) to refinance existing debt of Mumbai’s international airport, according to…