Air Freight News
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Boeing announces UPS purchase of 19 767 freighters
Boeing, today announced an order for 19 767 Freighters from UPS highlighting the 767 Freighter's outstanding operational efficiency and payload capability to serve its customers…
[FBX Weekly] Ocean rates stable, with omicron threatening to prolong the new normal
Key insights: 1 Ocean rates went unchanged this week, with increases expected in the coming weeks heading into Chinese New Year. 2 The omicron spread…
Port of Oakland names 13-year vet as new port attorney
A veteran lawyer involved in every major Port of Oakland project over the last 13 years has been named Port Attorney. The Port appointed Mary…
NRF announces additional investments for Annual NRF Convention as partner and exhibitor momentum continues
The National Retail Federation announced today additional investments in health and safety protocols for its 112th Annual Convention, which is on track to welcome more…
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Nikola’s lost year: Delayed trucks, fallen stock and short on cash
Nikola Corp. entered this year with ambitions to start full production of a battery-powered semi-truck, make progress on a fuel-cell big rig and break ground…
Qatar Airways sues Airbus over ongoing A350 paint dispute
(Bloomberg) -- Qatar Airways is suing Airbus SE at the High Court in London, escalating a dispute between the aircraft manufacturer and one of its…
Unruly US passengers may lose TSA PreCheck privileges
Airline passengers who misbehave on U.S. flights could lose their streamlined airport screening privileges from the Transportation Security Administration’s PreCheck program under a new effort…
Embraer’s Air Mobility unit agrees to $2.4 billion SPAC deal
Embraer SA’s Eve Urban Air Mobility unit will merge with Zanite Acquisition Corp. next year, the latest in a string of deals as flying-taxi startups…
Brexit hopes dashed as U.K.’s Truss digs in on Northern Ireland
The U.K.’s new minister in charge of post-Brexit negotiations reiterated a threat to unilaterally suspend parts of the deal, keeping up the tension between Britain…
Nikola to pay $125 million SEC penalty over Milton comments
Nikola Corp. will pay a $125 million penalty to the U.S. Securities and Exchange Commission over allegedly misleading statements its founder and former chief executive…