Air Freight News
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Top oil executives reckon with downturn even as Trump cheers them on
The world's energy industry leaders meet in Houston next week as plummeting oil prices push Big Oil to slash thousands of jobs even as a…
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Trump won’t predict whether recession could result from his tariff moves
President Donald Trump declined to predict whether the U.S. could face a recession amid stock market concerns about his tariff actions on Mexico, Canada and…
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The end of cheap palm oil? Output stalls as biodiesel demand surges
Prices of cooking oil could be buoyed up for years by stagnating production and a biodiesel push in top producer Indonesia that are making traditionally…
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Trump hails $20 billion investment by shipping firm CMA CGM
U.S. President Donald Trump on Thursday said French-based shipping firm CMA CGM would invest $20 billion in the United States to build out shipping logistics…
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Federal Railroad Administration Data confirms rail safety progress with record-low injury and accident rates
Newly released 2024 data from the Federal Railroad Administration (FRA) confirm that continued investments in innovation, infrastructure, and workforce expertise are making rail transportation even…
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US pushes India to lower tariffs, buy more defence products for fair new deal
India needs to buy more defence products and lower its tariffs on U.S. products for the two countries to be able to sign a "grand"…
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US estimates will take $20 billion and years to refill oil reserve
U.S. Energy Secretary Chris Wright estimates it would take $20 billion and years to accomplish President Donald Trump's goal of refilling the Strategic Petroleum Reserve…
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Vector Global Logistics celebrates B Corp month and one year of B Corp certification
Vector Global Logistics, a leading logistics company with international offices, is celebrating both B Corp Month and the first anniversary of its B Corp Certification™,…
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February 2025 U.S. Transportation Sector Unemployment (4.7%) Falls Below the February 2024 Level (5.9%)
The unemployment rate in the U.S. transportation sector was 4.7% (not seasonally adjusted) in February 2025, according to the Bureau of Labor Statistics (BLS). These…
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Trump delays tariffs for goods under Mexico, Canada trade deal
U.S. President Donald Trump suspended on Thursday tariffs of 25% he had imposed this week on most goods from Canada and Mexico, the latest twist…