Air Freight News
Click to Read More
Disrupted supply chains bring profit boost to transport giants
Disruptions in global trade flows are set to persist into the second part of the year, longer than previously expected, Danish transport giant A.P. Moller-Maersk…
JetBlue shares tumble after airline slashes 2022 growth plans
JetBlue Airways Corp., hammered by delays and cancellations this year, is cutting its summer schedule by more than 10% from original plans and reining in…
Firm US durable goods orders underscore resilient investment
Orders placed with U.S. factories for durable goods rose in March, pointing to sustained investment in business equipment that is helping drive economic growth.
Asian buyers trying to back out of purchases of Russian oil grade
Asian oil refiners are shunning a major export grade from the Russian Far East due to sanctions on a tanker company that ships the cargoes.
Palm oil jumps as traders weigh severity of Indonesia export ban
Palm oil rebounded as traders assessed the severity of Indonesia’s ban on cooking oil exports that sparked wild swings in the market.
European gas prices fluctuate with focus on LNG imports, Russia
European natural gas prices fluctuated as the market weighed uneven supplies, a forecast for cooler weather and uncertainty over payments for the fuel from Russia.
Airbus allowed to cancel Qatar Airways order in legal row
Airbus SE was given the green light to cancel an order for its in-demand A321 single-aisle jets from Qatar Airways, giving the planemaker an incremental…
Heathrow sees summer travel boom giving way to winter freeze
London Heathrow airport raised its passenger forecast but warned that demand is likely to drop off later in the year as a summer boom gives…
Flying taxi hub startup nears $25 million in investor funds
Urban-Air Port, a U.K. startup that’s developing hubs for flying taxis, is closing in on 20 million pounds ($25 million) in funding after attracting two…
Brexit caused a ‘major shock’ to U.K. trade patterns, study says
Brexit caused U.K. imports from the European Union to collapse and led many small British businesses to give up exporting to the EU altogether, according…