Air Freight News
Click to Read More
A German power plant just ran out of coal in latest energy shock
The global energy crunch forced a German electricity producer to halt a power plant after it ran out of coal.
Dubai port operator DP World sees lasting supply disruptions
Dubai’s DP World, one of the biggest global port operators, expects supply chain bottlenecks that have rattled global trade flows to continue at least for…
Tata said to win Air India in historic deal years in making
Tata Sons Pvt. is set to take over ailing Air India Ltd. again, more than half a century after the country’s biggest conglomerate ceded control…
Philippine Air gets U.S. court approval to access $505M funding
Philippine Airlines Inc. received U.S. court approval to access a $505m debtor-in-possession financing, which is core to its restructuring plan.
Daimler investors to vote on splitting Mercedes from trucks
Daimler AG shareholders will vote on spinning off the sprawling truck division from the Mercedes-Benz luxury-car operations in a watershed decision to boost the valuation…
Ghana’s record cocoa harvest is bittersweet for export industry
The pandemic diminished demand from chocolatiers and left West African farmers with a glut.
52nd Annual Admiral of the Ocean Sea (AOTOS) Award to honor Heindel, Metcalf and Woodhour
The United Seamen’s Service 52nd annual Admiral of the Ocean Sea (AOTOS) Award will be presented to David Heindel, Secretary-Treasurer of the Seafarers International Union…
Riege Software and logistics.cloud shake hands for a new partnership
The logistics industry thrives on alliances, partnerships and initiatives that work together to find solutions and drive the slow pace of digitization in the transport…
Quincus raises series B investment led by UP.Partners and GGV Capital at over US$100 million
• Singapore-headquartered Quincus is an Enterprise SaaS platform that helps solve logistics problems for household logistics providers, e-commerce, airlines, and freight worldwide. • Quincus has…
Russia projects higher gas exports this year amid energy crunch
Russia projects Gazprom PJSC’s gas supplies to key markets, including Europe, Turkey and China, will grow to 197.3 billion cubic meters this year, as the…