Air Freight News
IEA cuts oil-demand forecasts as air travel outlook darkens
The International Energy Agency cut forecasts for global oil demand as air travel suffers from the coronavirus crisis even more than previously expected.
India bars China ships from oil trade as ties strain further
India’s state-owned oil majors have stopped hiring Chinese tankers to ship their crude and petroleum products after relations deteriorated between the two countries, although the…
South Korea’s tech exports accelerate as lockdowns ease globally
The rebound in South Korea’s technology exports accelerated in July, illustrating the pace of recovery in global demand as countries emerge from pandemic-induced lockdowns.
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Massive oil refiners are turning into biofuel plants in the West
The latest sign of a worldwide energy transition: Massive oil refineries across the western U.S. are being converted into biofuel plants.
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United adds Florida flights outside hubs in bet on getaway trips
United Airlines Holdings Inc. will bypass its hubs to debut nonstop flights from seven cities to Florida in November, betting that the coronavirus pandemic won’t…
Southwest CEO sees airline posting first annual loss since 1972
Southwest Airlines Co. is heading for its first annual loss in 48 years because of the coronavirus pandemic, the carrier’s top executive said.
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Anheuser-Busch transitioning fleet to renewable natural gas
Working alongside key suppliers, the country’s largest brewer is transitioning more than 180 trucks in its Houston and St. Louis fleets to renewable natural gas…
Weekly Rail Traffic for the Week Ending August 8, 2020
For this week, total U.S. weekly rail traffic was 497,397 carloads and intermodal units, down 6.7 percent compared with the same week last year.
Quebec Express diverted from Montreal
Due to the continuing labor disruptions in Montreal the decision has been taken to divert the Atlantic Trade (AT2) Service vessel Quebec Express. M.V. Quebec…
Worst UK rail crash since 2004 kills three after derailment
Britain suffered its worst train crash in more than 15 years after a derailment in Scotland killed three people, including the driver, and left another…