Air Freight News
Iran holds Navy drills in Persian Gulf amid standoff over tanker
The Islamic Revolutionary Guard Corps held naval drills involving hundreds of boats in the Persian Gulf, just as a South Korean delegation headed to Tehran…
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Return to food protectionism is riling farmers in Argentina
A ban on corn exports in Argentina is fanning fear among farmers and traders that one of the world’s top food suppliers is returning to…
Oil refiners reel from Saudi output cut even as demand eases
Several oil refiners in Asia were taken aback by Saudi Arabia’s pledge to curb 1 million barrels a day of supplies from next month even…
U.S. imports no Saudi Crude for first time in 35 years
The U.S. didn’t import any Saudi crude last week for the first time in 35 years, a reversal from just months ago when the Kingdom…
US Secretary of Commerce Ross on President Trump’s Executive Order: “Addressing the threat posed by applications and other software developed or controlled by Chinese companies”
Today, President Donald J. Trump signed an Executive Order (E.O.) titled, “Addressing the Threat Posed by Applications and other Software Developed or Controlled by Chinese…
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Register for Midwest Association of Rail Shippers Online Winter Meeting by January 15
Kathryn Farmer, the new President and CEO of BNSF, and Keith Creel, President and CEO of Canadian Pacific, will be among the featured speakers at…
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US average gasoline prices and vehicle travel fell to multiyear lows in 2020
U.S. regular retail gasoline prices averaged $2.17 per gallon (gal) in 2020, 44 cents/gal (17%) lower than in 2019 and the lowest annual average since…
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Swiss WorldCargo begins service to Seoul, adds Asia frequencies
Swiss WorldCargo continues expanding its global network. They have announced several new and additional flights, which will connect Zurich and Switzerland to various cities and…
Global air cargo volumes end 2020 on a ‘relative high’ after a turbulent year
Despite no traditional peak season for global air cargo demand in Q4 2020, the year ended on a ‘relative high’ in December with the first…
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Patriot Rail Company LLC finalizes acquisition of Salt Lake Garfield & Western Railway
Patriot Rail Company LLC (Patriot), a leading U.S. operator of short line and regional freight railroads, rail services, and integrated port logistics companies, today announced…