Air Freight News
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North American biofuels sector contracts amid trade and policy uncertainty
U.S. and Canadian biofuel companies are throttling back production to limit losses amid uncertainty over U.S. President Donald Trump's approach to green fuel subsidies and…
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Lilly’s weight-loss drug launch in India to energize rivals eyeing mega market
Eli Lilly on Thursday launched in India its diabetes and weight-loss drug, Mounjaro, which has already clocked in over $20 billion in global sales since…
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Planned turnaround ongoing at Phillips 66’s Wood River refinery, IIR says
Phillips 66's 356,500 barrel-per-day Wood River refinery is undergoing a turnaround, research company IIR Energy said on Thursday.
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Proposed US port fees on China-built ships begin choking coal, agriculture exports
President Donald Trump's plan to revive U.S. shipbuilding using massive fees on China-linked ship visits to American ports is causing U.S. coal inventories to swell…
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Hapag-Lloyd sees earnings falling further this year as US tariffs, Suez weigh
Container shipping firm Hapag-Lloyd said on Thursday net profit fell nearly 19% in 2024 and is expected to decline further this year, with U.S. tariffs…
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EU may delay first counter-tariffs against U.S. to mid-April
The European Union could delay imposition of a first set of counter-measures against the United States over President Donald Trump's steel and aluminium tariffs until…
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New Head of Construction for Port Authority Mega-Projects swings big
As the Port Authority’s newly appointed director of construction for major capital projects, it’s Rogers’ job to find collaborative, innovative ways to overcome those “fun”…
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Drewry: Monthly port throughput assessment
Drewry Container Port Throughput Indices are a series of calendar adjusted volume growth/decline indices based on monthly throughput data for a sample of over 340…
Elemica™ awarded with FedEx Compatible Platinum Tier for the 3rd consecutive year
The FedEx Compatible Program recognizes a small number of leading technology providers that seamlessly integrate with FedEx services, enabling businesses to ship efficiently. The FedEx…
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Tanker - Weekly Market Monitor week 12 - 2025
Snapshot of Crude and Product Freight Rates, Supply-Demand