Air Freight News
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Rail giants plan to shut down Canada network after union talks fail
The two largest Canadian railroad companies are set to shut down operations Thursday if no agreement is reached with their union workers, as industries brace…
Oil slips as traders weigh demand signals and Middle East risks
Oil fell for the fourth time in five sessions as traders tracked geopolitical tensions in the Middle East alongside the outlook for the world’s two…
Driest July in 120 years threatens key Mauritius sugar exports
The driest July in 120 years of records for Mauritius is jeopardizing sugar production that accounts for 10% of the Indian Ocean island’s exports and…
Troubled South African rail monopoly defends pace of recovery
South Africa’s state logistics company said it’s doing the best it can within the constraints it faces and is making some progress, after being blamed…
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European airlines outpace US carriers on cleaner jet fuel
Green fuel is critical to efforts to tackle the climate impact of air travel. But sustainable aviation fuel was only 0.17% of airlines’ global propellant…
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Busiest US ports absorb import surge nearing pandemic-era frenzy
The busiest port complex in the US is churning through import volumes near the highs set during the pandemic despite worries about a cooling economy.
Kenya Airways swings into profit for first time in decade
Kenya Airways Plc posted a first-half profit for the first time in 10 years as it increased passengers and cargo volumes.
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FORTNA named in Gartner® Hype Cycle™ for Supply Chain Execution Technologies, 2024
FORTNA acknowledged in the Digital Twins, WES and Warehouse Simulation and Modeling Technology Categories
Oil declines at week’s open with Gaza talks and China in focus
Oil declined for the fourth time in five sessions as traders tracked US-led efforts to secure a cease-fire in the 10-month old conflict between Israel…
Israel’s GDP growth slows as wartime exports, investments cool
Israel’s economic growth slowed more than expected over the second quarter of the year, failing to sustain its initial rebound from the war against Hamas.