Air Freight News
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Electric air taxi company Joby to acquire Blade Air’s passenger business
Joby Aviation will acquire helicopter ride-share company Blade Air Mobility's passenger business for up to $125 million, Joby said Monday, as it works to speed…
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Sixth Street takes 38% of Italian renewable energy firm Sorgenia in $4.6 billion deal
U.S. investment firm Sixth Street said on Monday it had agreed to buy 38% of Sorgenia, in a deal that values the Italian renewable energy…
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Supramax & Panamax coal cargo flow trends from Indonesia
In 2025, Indonesia’s role as a key supplier of Supramax and Panamax coal cargoes is under pressure due to shifting energy trends in Asia.
Descartes acquires Finale Inventory
Descartes Systems Group announced that it has acquired Finale Inventory (“Finale”), a U.S.-based provider of cloud-based inventory management solutions designed to support ecommerce businesses across…
Shiplify disrupts freight billing norms with predictive accessorial ROI calculator
Shiplify, the primary accessorial revenue identifier for carriers, shippers and third-party logistics (3PL) providers, has announced their accessorial ROI Calculator, which brings clarity to freight…
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July 2025 U.S. transportation sector unemployment (4.3%) falls below the July 2024 level (5.7%)
The unemployment rate in the U.S. transportation sector was 4.3% (not seasonally adjusted) in July 2025, according to the Bureau of Labor Statistics (BLS).
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Donor and energy ports urge Congress to reverse devastating cuts to port infrastructure funding
The American Association of Port Authorities (AAPA) and a broad coalition of every donor and energy transfer port sent the House and Senate Appropriations Committees…
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U.S. equity funds see weekly inflows on trade deal optimism
U.S. equity funds attracted money inflows for the first time in three weeks in the week through July 30, fueled by optimism over a U.S.–EU…
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BYD’s July production falls for first time in 17 months as expansion spree slows
BYD's vehicle production fell 0.9% in July from a year earlier, ending a 16-month growth streak that has catapulted the Chinese automaker into the world's…
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Apple’s tariff-fueled iPhone sales surge raises doubts about sustainability
Apple's best revenue growth in three years failed to impress, with shares down about 1% in volatile trading on Friday, as investors questioned...