Air Freight News
Yellen plans global food-crisis as IMF, UN urge action
U.S. Treasury Secretary Janet Yellen will convene a meeting of top international financial officials next week to address a global food-security crisis, with the heads…
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US DOT February 2022 Freight Transportation Services Index (TSI)
The Freight Transportation Services Index (TSI), which is based on the amount of freight carried by the for-hire transportation industry, fell 0.2% in February from…
Top wheat buyers latest tender shows huge cost of buying grain
Top wheat buyer Egypt’s latest purchase laid bare the eye-watering costs importers face as the Ukraine war upends the global grains trade.
Delta spurs leisure rally, projecting summer travel rebound
Delta Air Lines Inc. spurred a rally among airline and leisure stocks as it said a strong rebound in summer travel bookings will help the…
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ILWU’S Adams: “We will get an agreement”
Willie Adams, president International Longshore and Warehouse Union (ILWU), said he expected a contract agreement between the ILWU and the Pacific Maritime Association (PMA) will…
Power prices remain high globally – Rystad Energy
Power prices remain high in both Europe and Asia as the northern hemisphere begins to focus on restocking. In the southern hemisphere, India has just…
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Air Charter Service delivers millions of critical test kits to Australia
Over the past six weeks, leading aircraft specialist, Air Charter Service, has arranged more than 65 charter flights carrying 3,000 tonnes from China to Australia.…
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Swiss WorldCargo and its partner Fischer Road Cargo have extended their joint collaboration
Swiss WorldCargo and its partner Fischer Road Cargo share a longstanding partnership and joint history, which dates back to the existence of SWISS, both being…
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Permian drilling permits hit all-time monthly high in March, signaling production surge on the horizon
Horizontal drilling permits for new wells in the Permian Basin hit an all-time high in March, with 904 total permit awards, driven by elevated oil…
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CMA CGM adds intermodal solutions for Rio de Janeiro & Minas Gerais
CMA CGM added 2 new dedicated service offerings with eco-friendly intermodal solutions to serve the dynamic region of Southeast Brazil : Rio de Janeiro and…