Air Freight News
Elliott nominates 7 directors at Phillips 66, ratchets up pressure
Elliott Investment Management nominated seven directors to Phillips 66's board, laying the groundwork to push for changes that include spinning off or selling its midstream…
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US orders wind down of Chevron’s oil exports from Venezuela in 30 days
The Trump administration said on Tuesday it was ending a license that the U.S. has granted to U.S. oil producer Chevron since 2022 to operate…
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Hershey says ICE cocoa futures market is disconnected from reality
Chocolate maker Hershey Co said the ICE New York cocoa futures market is disconnected from the reality of the global physical market due to exchange…
Trudeau tells Trump that tariffs are ‘very dumb,’ says Canada striking back
Prime Minister Justin Trudeau told U.S. President Donald Trump on Tuesday that his new tariffs on Canadian imports were "a very dumb thing to do"…
CK Hutchison to sell Panama ports’ stake to group including BlackRock amid Trump pressure
Hong Kong's CK Hutchison is selling its controlling stake in a unit that operates Panama ports to a group including BlackRock, it said on Tuesday…
South Korea and US to form working group on Alaska LNG project, tariffs
South Korea and the United States have agreed to establish a working-level group to discuss a gas pipeline project in Alaska, energy, shipbuilding, tariffs and…
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Tariffs would need to be in place for years to alter US-Canada crude flows, Enbridge says
Tariffs on Canadian oil would need to be in place for years before significantly altering the amount of crude the U.S. imports from its northern…
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Musk’s SpaceX to invest $1.8 billion in Florida for Starship program expansion
SpaceX is planning to invest at least $1.8 billion to build new Starship launchpads and processing facilities on Florida's Space Coast, eyeing a key expansion…
CMA CGM OWS - Cargo from the Mediterranean to US East Coast, US Gulf, Canada & Mexico
CMA CGM informs of the following Overweight Surcharge (OWS):   
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Airforwarders Association Industry Awards winners 2025 announced
This year’s AirCargo Conference has seen a record number of attendees with over 1,000 industry professionals attending the event in Dallas, Texas