Air Freight News
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DAT Truckload Volume Index: Spot Market Stabilizes to Pre-COVID Levels, Largely Returning to Seasonal Patterns
After bottoming out at the beginning of May, truckload freight volumes recovered to pre-COVID levels and largely returned to seasonal patterns in the second half…
North American Freight Begins Long Road to Recovery
The freight market seems to have bottomed out in April, but May didn't fare much better, showing only a 1.6% increase from April. Shipping volumes…
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China Loses Landmark WTO Dispute Against EU
China spent four years fighting for market-economy status, a designation that would give it stronger footing with commercial partners while also curtailing their ability to…
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Boeing Max Return in Europe Risks Delay Over Travel Rule
The return of Boeing Co.’s 737 Max to European skies is at risk of additional delays because of U.S. coronavirus travel restrictions that have hindered…
Singapore to Suspend Airport Expansion Works Amid Coronavirus
Singapore will halt construction of a new terminal at Changi Airport for at least two years as it studies how the aviation industry will develop…
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U.K. and EU See Brexit Deal a Step Closer After Johnson Call
The U.K. and European Union moved a step closer to reaching a deal over their future relationship, with the bloc’s top officials confident Boris Johnson…
Chinese LNG Buyer Focuses on Cheap Spot Fuel Over Contracts
One of China’s biggest private liquefied natural gas importers is betting it will be cheaper to meet rebounding demand by boosting purchases on the spot…
Oil Spills in South Sudan Prompt Move to Block China’s Exports
A human-rights group in South Sudan is seeking an injunction to stop companies including China Petroleum Corp. and Petroliam Nasional Bhd. exporting oil -- the…
China’s Tech Capital Winter Deepens After VC Deals Tank
China-focused venture capital firms struggled to raise capital in the first half, culling the number of funds and presaging more pain to come for the…
U.S. Expands Flights from Chinese Airlines to Four Per Week
The U.S. government will allow Chinese airlines four flights a week into its airports, an expansion following China’s announcement it would permit the same number…