Air Freight News
CASS: Demand Flattens; Deflation is Here
After a nearly two-year cycle of surging freight volumes, two key drivers of growth for the freight cycle--goods consumption and inventory restocking--are faltering.
Russia’s crude flows to Asia take hold near unprecedented levels
China, India taking close to half of crude shipped from Russian ports
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Konecranes receives order for Generation 6 Mobile Harbor Crane from Venetian port
Existing fleet of Konecranes Gottwald Mobile Harbor Cranes at Marghera PortThe FHP Group has ordered an eco-efficient Generation 6 Konecranes Gottwald Mobile Harbor Crane for…
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Optiwise HORIZON Project launches
Aim to holistically improve design and control of commercial ships with wind propulsion
United States and Kenya discuss further trade engagement
United States Trade Representative Katherine Tai and Kenya's Ministry of Industrialization, Trade and Enterprise Development Cabinet Secretary Betty Maina met today on the margins of…
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119 publicly traded global oil and natural gas companies added proved reserves in 2021
Annual financial reports by 119 publicly traded exploration and production companies show aggregate proved reserves of crude oil and natural gas increased by 19.2 billion…
Chevron completes acquisition of Renewable Energy Group
Chevron Corporation completed its previously announced acquisition of Renewable Energy Group, Inc. (NASDAQ: REGI) (REG) following approval by REG stockholders.
U.S. cargo and passenger airlines add 4,752 jobs in April 2022 for new Covid pandemic high
Scheduled passenger airlines add 5,137 full-time equivalents for 12th consecutive month of job growth
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Korean Air Cargo relies on Vienna Airport as cargo hub
Korean Air Cargo is recording rising freight figures at the airfreight hub Vienna Airport: In the pandemic years 2020 and 2021, tonnages increased by more…
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Biden, San Pedro Bay port officials meet on supply chain
Administration driving investments in infrastructure and trade