Air Freight News
Heathrow says business travel held back by economy, job cuts
The rapid rebound in air travel continues to be dominated by leisure passengers, while corporate bookings are held back by economic uncertainty and job cuts,…
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JetBlue to cut 10% of NYC summer departures on FAA snarls
JetBlue Airways Corp. criticized federal officials as the carrier said a shortage of air-traffic controllers would force it to cut 10% of its departures from…
AMLO’s plan to revive Mexicana Airline inches closer in congress
Mining reform likely to be delayed until September on details, Mexico Senate leader says in an interview
MSC Gulf to SAEC string 1 service – Mobile added to port rotation 
MSC will be introducing changes to its GULF to SAEC String 1 service, with the insertion of an eighth vessel for a 56-day rotation.
DAT Truckload Volume Index: Spot rates slipped further in March
Demand did not result in higher pricing for truckload services last month
CHIPS for America outlines vision for the National Semiconductor Technology Center
Semiconductor R&D Strategy is part of President Biden’s investing in America agenda to advance U.S. competitiveness and technological leadership
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[Freightos Weekly Update] Ocean rates climb as carriers plan more GRIs for May
Key insights: 1. ILWU and PMA announced significant progress in negotiations last week, with more meetings being held this week. 2. Transpacific GRIs succeeded in…
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Europe’s economic outlook improves, container logistics companies struggling
• Depots are still overwhelmed, and Demurrage and detention charges are high in Europe • Average container prices bottoming out in Europe, no further steep…
OOIL publishes Sustainability Report 2022
Orient Overseas (International) Limited (“OOIL” or “the Group”) has announced the publication of its Sustainability Report 2022. The launch of OOIL’s 12th annual Sustainability Report…
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Covenant announces grand opening of Hogan Hall and Orientation Training Center
Covenant Logistics Group (Covenant), a leading provider of transportation and logistics services in the U.S., announces the grand opening of its newly constructed Hogan Hall…