Air Freight News
FTR reports preliminary North American Class 8 net orders slow in May
FTR reports preliminary North American Class 8 net orders cooled off in May to 23,600 units. Class 8 orders are returning to a pace more…
X-Press Pearl fire highlights duty of care required in shipping hazardous cargoes
The X-Press Pearl’s sad fate is the latest in a disappointing recent and persistent catalogue of container ship fires of varying degrees of severity, which…
Allyn International donates $6500 to feeding America
Allyn International (Allyn), a local supply chain consulting firm, has donated $6,500 to Feeding America. The $6,500 donation will help to provide 65000 meals to…
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Port Manatee brings Tillotson aboard as chief commercial officer
As new chief commercial officer of Port Manatee, Charles D. Tillotson looks to bolster diverse cargo growth at the global gateway of Southwest and Central…
Garuda considers fewer Airbus orders as it seeks debt standstill
Beleaguered airline PT Garuda Indonesia is considering trimming its Airbus SE A330 orders and reducing the number of wide-body jets in its fleet, as it…
Russia cuts dollar holdings from $119 billion wealth fund amid sanctions
Russia said it will eliminate the dollar from its oil fund to reduce vulnerability to Western sanctions just two weeks before President Vladimir Putin holds…
U.K. could become net power exporter to Europe in five years
Britain could become a net exporter of electricity to Europe as soon as 2026, according to S&P Global Platts.
Biden’s China blacklist revamp leaves him lots of wiggle room
At first glance, U.S. President Joe Biden’s plans to revamp a Trump-era ban on investing in certain Chinese companies could put potentially thousands of additional…
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EU eyes first-of-a-kind border levy in climate fight
The European Union is planning to slap an import levy on steel, cement and aluminum produced in countries with lower environmental standards, as it seeks…
Battle looms in key oil market as Iran aims to seize back sales
The likely return of Iranian oil is setting up what promises to be an aggressive battle to supply a corner of the coveted Asian market.