Air Freight News
Ryanair’s ‘dumb luck’ fuel hedging plan saved €1.4 billion
Ryanair Holdings Plc’s plan to protect itself against oil price volatility paid out big when Russia’s invasion of Ukraine sent energy markets haywire.
A weak rate environment pulls FTR’s Trucking Conditions Index down further in March
FTR’s Trucking Conditions Index for March reflected persistent unfavorable conditions for carriers with a decrease to a reading of -5.83 for the month from -5.17…
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China bars purchases of Micron chips, escalating US conflict
China delivered the latest salvo in an escalating semiconductor war with the US, announcing that Micron Technology Inc. products have failed to pass a cybersecurity…
World Shipping Council releases containers lost at sea report – 2023 update
The World Shipping Council (WSC) has released its annual report on containers lost at sea, revealing positive developments in container safety within the international liner…
C.H. Robinson shares ocean logistics themes top-of-mind for shippers as contract season stretches on
C.H. Robinson, a global logistics company and leading NVOCC across major trade lanes, reveals some of the themes influencing ocean market discussions as shippers work…
Russia raises aluminum exports to China to near record levels as sanctions bite
China, the biggest producer of aluminum globally, is importing more of the lightweight metal from Russia, underscoring how trade ties are strengthening between the two…
FourKites named a leader in the 2023 Gartner® Magic Quadrant™ for third consecutive year
In the Gartner Magic Quadrant for Real-time Transportation Visibility Solutions, FourKites continues to be recognized as a leader for its ability to execute and completeness…
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EIA expects lower crude oil prices for the second half of 2023 and for 2024
The EIA has lowered its crude oil price forecast for the rest of 2023 and for 2024 in its May Short-Term Energy Outlook (STEO) because…
Ultra-low fare pioneer bids farewell to ultra-low fares
Over the past three decades, Ryanair Holdings Plc built its model around cut-throat fares that ferried people across Europe for as little as the equivalent…
Macron says Mongolia to supply critical metals for green push
Mongolia has agreed to supply critical metals to France that it needs as part of its shift to a less carbon-intensive economy, Emmanuel Macron said…