Air Freight News
Saudi Arabia’s exports surge in October on higher oil prices
Saudi Arabia’s exports soared in October as the world’s biggest oil exporter benefited from higher crude prices.
Flight bans leave Hong Kong stranded as new rules freeze routes
New travel rules to curb the spread of omicron in Hong Kong look set to isolate the Asian financial hub even further, with at least…
United and Delta cancel hundreds of Christmas flights
Air carriers scrapped more than 800 U.S. flights for the holiday weekend, led by United Airlines and Delta Air Lines, as surging Covid infections and…
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Airlines’ US holiday flight cuts near 2,400 on crew shortages
Airlines’ U.S. flight cancellations approached 2,400 for the Christmas weekend, disrupting travel on one of the busiest periods of the year as the omicron-fueled wave…
CK Asset exits aircraft leasing business with $4.28 billion sale
CK Asset Holdings Ltd. said it’s exiting the aircraft-leasing sector due to a “paradigm shift” caused by the coronavirus pandemic, selling two indirect wholly-owned subsidiaries…
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Airlines’ US holiday flight cuts near 1,900 on crew shortages
Airlines’ U.S. flight cancellations approached 1,900 for the Christmas weekend, disrupting travel on one of the busiest periods of the year as the omicron-fueled wave…
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US Transportation Secretary Buttigieg announces grants for America’s ports in New York
Grants will help address supply chain challenges at ports
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A flotilla of US LNG cargoes is headed to fuel-starved Europe
Cold-stricken Europe is drawing a flotilla of U.S. liquefied natural gas cargoes amid an energy crisis that has sent gas prices to record levels.
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Port of Long Beach receives $52.3 million grant for rail project
The Port of Long Beach has been awarded a $52.3 million grant from the U.S. Department of Transportation's Maritime Administration to help fund development of…
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CenterPoint nets another spacious industrial property in Northern New Jersey
CenterPoint Properties has closed on a low-coverage industrial facility in a highly coveted pocket of the premier Exit 8A submarket: 6 Wheeling Road in Dayton,…