Air Freight News
Flux Power closes new $15 million credit facility with Gibraltar Business Capital
New facility lowers interest expense, expands term & provides additional capital based on company milestone achievements
Airlines slash prices to convince Americans to vacation closer to home
JetBlue Airways Corp., Alaska Air Group Inc. and other US carriers expected the post-pandemic travel boom to send ticket prices soaring this summer. Instead, they’re…
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Drewry World Container Index - 03 Aug
Drewry’s composite World Container Index increased by 11.8% to $1,761.33 per 40ft container this week.
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
Northland Insurance launches new tools to help trucking customers improve driver safety, mitigate risk and reduce costs
Northland Insurance, the largest trucking wholesale insurance company in the United States and a subsidiary of The Travelers Companies, Inc.
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Inflation-adjusted U.S. energy spending increased by 25% in 2021
In 2021, the amount U.S. consumers spent on energy (energy expenditures) grew to over $1.3 trillion when adjusted for inflation, a 25% increase from 2020,…
Worksport CEO Rossi remarks on factory opening
Steven Rossi, the CEO of Worksport Ltd. (the “Company” or “Worksport”), made the following remarks regarding the Company’s commencement of production of hard-folding tonneau covers…
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TT Club’s commitment to loss prevention further reinforced
With the publication of TT Club’s 300th Edition of its monthly advisory TT Talk, the international freight transport insurance specialist announces additional resource for its…
Lufthansa, Wizz slide on cost pressures, capacity plan pullbacks
Deutsche Lufthansa AG and Wizz Air Holdings Plc slid after reporting robust quarterly results, as investors focused in on capacity constraints and cost pressures that…
Russia will cut its crude exports by 300,000 B/d in September
Russia will prolong a cut in its crude exports into September, while tapering the size of the supply reduction, according to Deputy Prime Minister Alexander…