Air Freight News
Robotics & automation award win for Synergy Logistics
Synergy Logistics has won the coveted Industry 4.0 category in the inaugural Robotics & Automation Awards 2023, which targets global industries seeking to optimize their…
Atlas Air Worldwide orders two new Boeing 777 freighters
Atlas Air Worldwide Inc. (“Atlas” or the “Company”), today announced it has ordered two new Boeing 777 Freighters driven by ongoing strong customer demand for…
South African plan paves way for $80 billion energy transition
An $80 billion South African investment plan to begin transitioning the economy away from fossil fuels over five years sets out how billions of dollars…
CCS-UK trials e-collection note
A new, electronic air cargo collection note is set to revolutionize cargo collections from airlines’ ground handlers in the UK, improving security and efficiency.
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Stranded gas tanker in Australia could cause rise in global LNG prices
A loaded liquefied natural gas tanker is stuck at an export terminal in Australia and will disrupt some shipments, adding to supply concerns ahead of…
Stable fuel costs improve market conditions and propel FTR’s Shippers Conditions Index into positive territory
FTR’s Shippers Conditions Index (SCI) moved into positive territory in September to a reading of 0.35 from the previous -2.7 in August. The slowing of…
German debt spat threatens China trade strategy, UniCredit says
Germany’s fiscal turmoil is jeopardizing efforts to curb reliance on China as a supplier of high-tech components, according to UniCredit economist Andreas Rees.
Saudi PIF raises up to $5 billion loan with Korea export agency
Saudi Arabia’s sovereign wealth fund raised a loan of up to $5 billion from a group of nine banks in a deal that involves the…
Galveston Wharves 2024 budget forecasts record growth in revenues
The Galveston Wharves 2024 budget forecasts record operating revenues, cruise sailings and cruise passenger counts. Adopted by the Galveston Wharves Board of Trustees on Nov.…
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The Port of Rotterdam Authority officially commissions Container Exchange Route
After a long preliminary phase, the Container Exchange Route (CER) on the Maasvlakte was officially commissioned on 28 November.