Air Freight News
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FAA sees no mechanical issue with 787 Boeing fuel control unit after Air India crash
The head of the Federal Aviation Administration said on Thursday the fatal crash last month of an Air India Boeing 787 jet does not appear…
Trump EPA aims to repeal vehicle emission rules after revoking greenhouse gas endangerment finding
The U.S. Environmental Protection Agency plans to repeal all greenhouse gas emission standards for light-duty, medium-duty, and heavy-duty vehicles and engines in the coming days…
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Phillips 66 beats second-quarter profit estimates on higher refining margins
Refiner Phillips 66 beat Wall Street estimates for second-quarter profit on Friday, helped by higher refining margins and lower turnaround expenses.
Russian Boeing 737 lands safely after turning back with cabin pressure issue, flight data shows
A Russian passenger plane operated by S7 Airlines landed safely on Friday after turning back to Novosibirsk airport in Siberia to check its cabin pressure…
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India-UK trade deal signals Modi’s priorities as New Delhi eyes EU, US pacts
India's trade deal with Britain is a sign of New Delhi's new gradual shift to opening up its markets while shielding crucial sectors from competition…
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Tick-tock, it’s nearly tariff o’clock
U.S. President Donald Trump's August 1 deadline for trade partners to sign deals or face hefty tariffs is fast approaching, and investors are playing it…
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Volkswagen cuts 2025 guidance after $1.5 billion tariff hit in first-half
Volkswagen reported a 1.3-billion-euro ($1.5-billion) first-half hit from tariffs and cut its full-year sales and profit margin forecasts in the German carmaker's...
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Stocks drop worldwide as investors brace for crucial week
Investors cashed out of highly valued global stocks on Friday and the dollar headed for its biggest weekly drop in a month ahead of a
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Oil steady as investors weigh trade optimism against potential Venezuelan supply increase
Oil prices were steady on Friday, as trade talk optimism supported the outlook for both the global economy and oil demand, balancing news of the…
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European shares slip as investors gauge mixed earnings, US-EU trade progress
European shares retreated on Friday, giving back gains from the previous session, as investors assessed mixed corporate earnings while awaiting updates...