Air Freight News
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MSC rotation change on Far East to Pacific Northwest service
MSC has confirmed the new rotation of its Chinook Service as from week 34. 
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Wilson Sons’ profit increases 23% in the first half
The company recorded robust results in towage, container terminal operational growth and a strong recovery in offshore energy-linked services
NRF economist says growth in consumer spending is slowing
U.S. consumers are still buying more than last year, but spending growth is slowing as the economy settles down amid higher interest rates intended to…
Xeneta container freight update: Spot rates rally on key Far East trade lanes after latest GRI moves
Spot rates for containerized ocean freight have climbed across three leading Far East export corridors after the latest round of General Rate Increases (GRIs) from…
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deugro delivers two oversized and heavy lift drum sections for the pulp and paper industry
For the Golbey PM1 Project, deugro Germany, in close cooperation with deugro China, deugro Belgium and deugro France, successfully delivered two drum sections from China…
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First-quarter capital spending by public U.S. oil companies up, cash from operations down
Financial results for 40 publicly traded U.S. oil exploration and production (E&P) companies show capital expenditure in the first quarter of 2023 increased from the…
AMLO’s airline to take off with $4 billion, 10 jets
Mexico’s new military-run airline will get a $4 billion investment and plans to start operations with Boeing Co. jets, ramping up a plan by President…
Kimberly-Clark, Bayer, Armada, Eastman, Dollar Tree among the global supply chain leaders to present at FourKites Visibility 2023
Supply chain execs, representing half of the Fortune 500, will convene at the world’s most influential supply chain symposium to connect, learn and grow through…
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AAL releases new sustainability report to drive transparent ESG reporting
AAL Shipping (AAL) has released a comprehensive 2022 Sustainability Report, sharing its activity and strategy across key Environmental, Social and Governance (ESG) pillars for 2022…
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May 2023 U.S. Airline Traffic Reaches New All-time High for the Month of May
When adjusted for seasonality, May enplanements are down 1.7% from April and down 5.5% from the all-time high reached in January 2020.