Air Freight News
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BATI completes raptor mainframe shipment to Australia
The project team at BATI Shipping & Trading recently handled a raptor mainframe shipment from Turkey to Australia.
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SVT Robotics adds global supply chain executive Geiger as company advisor
SVT Robotics, a company whose software integration platform dramatically accelerates the deployment of industrial robotics, today announced that former Walmart Inc. executive, Cameron Geiger, a…
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US crude oil and natural gas production in April had biggest monthly decreases in years
Production of crude oil and natural gas decreased in the United States in April 2020 by 670,000 barrels per day (b/d) and 2.6 billion cubic…
Port of Virginia’s FY2020 cargo volumes reflective of tariffs, pandemic-driven slowing of trade
The Port of Virginia’s® cargo volume was off by more than 181,000 twenty-foot equivalent units (TEUs) in fiscal year 2020, with the decrease attributable to…
A solvent recapitalization of Virgin Atlantic
Virgin Atlantic has reached a major milestone towards securing its future today, by announcing plans for a private-only solvent recapitalisation of the airline, following the…
South African Airways creditors approve $1.6 billion rescue
South African Airways creditors and unions approved a rescue plan that includes at least 26.7 billion rand ($1.6 billion) in state funding and thousands of…
UK bans Huawei from 5G networks in security crackdown
Huawei Technologies Co. will be banned from providing equipment for the U.K.’s next generation mobile networks from the end of this year, in a sweeping…
China retaliates against Lockheed Martin for Taiwan parts sale
China will impose unspecified sanctions on defense contractor Lockheed Martin Corp. after the U.S. approved a possible $620 million deal to supply missile parts to…
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Virgin Atlantic set for $1.25 billion rescue
Virgin Atlantic Airways Ltd. is poised to announce a rescue worth at least 1 billion pounds ($1.25 billion), after clearing the last major hurdle to…
Delta sees surge in US coronavirus stalling travel rebound
Delta Air Lines Inc. says the resurgence of new coronavirus cases and related travel restrictions have stalled a fledgling recovery in U.S. travel demand and…