Air Freight News
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Brazilian soy shipments to China from 5 firms suspended on phytosanitary grounds, sources say
China, the world's biggest soybean buyer, has stopped receiving Brazilian soybean shipments from five entities after cargoes did not meet phytosanitary requirements, two sources with…
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DP World says sea freight prices could fall 20% if Red Sea attacks curbed
Ships not linked to Israel could begin returning to the Red Sea in as little as two weeks, DP World's deputy chief executive said, adding…
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Siemens Energy forecasts ‘massive tailwind’ from Trump power drive
Siemens Energy expects a "massive tailwind" from Donald Trump's power strategy after the new U.S. president announced up to $500 billion in private sector investment…
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LNG exporter Venture Global cuts target valuation for US IPO to $65.33 billion
LNG exporter Venture Global on Wednesday slashed the valuation it was seeking from its U.S. initial public offering to as much as $65.33 billion, significantly…
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US imports from Canada, Mexico in 2024 as tariff threat looms
As U.S. President Donald Trump mulls imposing 25% duties on imports from Canada and Mexico on Feb. 1, focus has shifted to the sectors likely…
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Hefring Marine and Norwegian Society for Sea Rescue (Redningsselskapet) strengthen partnership with fleet-wide deployment of IMAS® solution
This agreement marks a significant milestone in the collaboration that began in 2020, when Redningsselskapet became an early adopter of Hefring Marine’s first IMAS prototype.…
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Chapman Freeborn restructure to expand European cargo operations
Chapman Freeborn has completed a strategic restructuring of its European cargo operations team to manage long-term strength in traditional markets and the growth of new…
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Wallenius Wilhelmsen celebrates the grand opening of its Brunswick terminal
Wallenius Wilhelmsen marks the official opening of its South Atlantic hub; the Brunswick terminal, EPC, and VPC. “Brunswick, with its facilities and infrastructure investments, is…
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Today’s diesel prices / EIA January 2025
On-highway diesel prices, by week and PADD
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United Airlines fourth quarter profit ahead of expectations
United Airlines (UAL) today reported full-year and fourth-quarter 2024 financial results. The company had full-year pre-tax earnings of $4.2 billion, with a pre-tax margin of…