Air Freight News
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Ships told to transit Red Sea with ‘great care’ after strikes
A key trade group said the US has advised ships that continue to transit the Red Sea do so with “great care” after a fresh…
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ITS Logistics January Port Rail Ramp Index: West Coast set to experience increased Transpacific volumes due to seasonal Lunar New Year and geopolitical unrest
ITS Logistics Index forecasts long-term contracted rates and capacity negatively affected due to global supply chain disruptions
Russian LNG exporter seeks to raise long-term prices to Asia
Sakhalin Energy, which operates a liquefied natural gas export plant in the Russian Far East, wants to raise long-term contract prices, threatening to push up…
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Lufthansa’s €325 million ITA Airways deal gets in-depth EU probe
Deutsche Lufthansa AG’s €325 million ($353 million) investment into Italian carrier ITA Airways faces an in-depth investigation from European Union deals watchdogs, amid concerns over…
GE’s forecast misses estimates ahead of historic breakup
General Electric Co. predicts profit will fall short of Wall Street’s expectations in its final quarter ahead of a long-planned breakup.
Ryanair in deal with online travel firm after legal skirmishes
Ryanair Holdings Plc. will list its flights with online package-holiday provider Loveholidays, in a first for the Irish budget carrier, which has fought online listings…
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United CEO blames Boeing for Max 9 missteps, wants ‘faster’ fix
United Airlines Holdings Inc. Chief Executive Scott Kirby criticized Boeing Co. on Tuesday, saying he was disappointed with what he called the planemaker’s sluggish response…
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US, UK airstrikes hit more Houthi targets in new escalation
The US and UK launched new airstrikes against eight Houthi targets in Yemen on Monday, the latest salvo in an allied effort to stop the…
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WorldACD Weekly Air Cargo Trends (week 2)
Volumes bounce back after New Year slowdown...
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Port NOLA announces $226 million landmark grant award for the Louisiana International Terminal project
Underscoring regional, state and national support of private sector and maritime industry backed container terminal that will connect America’s Heartland to the future of global…