Air Freight News
Southern state DOT projects win regional America’s Transportation Awards
Eight state department of transportation projects from Georgia, Florida, North Carolina, and Virginia recently received regional 2023 America’s Transportation Awards for the positive impact on…
[Freightos Weekly Update] Ex-Asia rates spike on August GRIs
Key insights: 1 Early-month General Rate Increases pushed ex-Asia ocean rates up sharply this week, with Asia - US West Coast rates now above $1,900/FEU,…
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RXO announces results for second quarter 2023, including double-digit brokerage volume growth
• Brokerage volume increased 10 percent year-over-year; set multiple records in the quarter including total volume, quarterly loads per day and monthly loads per day…
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China slides into deflation as consumer, factory prices drop
China’s consumer and producer prices both declined in July from a year ago, a sign of deflation pressure that’s likely to be temporary as policymakers…
Private-jet firm Wheels Up seeks rescue funding
Wheels Up Experience Inc. just got a fresh liquidity boost from its largest shareholder, Delta Air Lines Inc.
Cathay bullish on prospects as profit soars to 13-year high
Cathay Pacific Airways Ltd. expects its strong recovery from the Covid crisis to continue through the rest of the year after the carrier announced its…
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ODW Logistics joins Pelotonia’s celebration of 15 years of One Goal for cancer research and funding
ODW Logistics provides logistics and transportation in support of Aug. 5 and 6 Pelotonia Celebration of One Goal
Cleo, VAI collaborate to accelerate trading partner onboarding for the AVA companies
Combination of Cleo’s B2B cloud integration platform plus VAI’s managed services help leading meat producer reduce complexity, shave costs, and minimize strain on IT staff
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Stuffed Russian grain ports show risk of Black Sea escalation
Russian grain ports are overflowing after two big harvests. That means any military escalation in the crucial Black Sea risks depriving the world of huge…
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Volvo Group recalls electric trucks in US after battery fire
Volvo AB is recalling nearly all battery-powered electric trucks in the US that were made over the past four years because of an issue that…