FedEx targets $4 billion cost cuts by merging delivery networks
FedEx Corp. is seeking to cut $4 billion in costs by combining its two main delivery networks, in an ambitious plan by new Chief Executive…
Schiphol Airport capacity cut should be scrapped, Dutch court rules
A local court has shot down an effort by the Dutch government to limit the number of flights that can go in and out of…
Turkey shuts airspace to planes using Iraqi airport over Kurdish militant ‘infiltration’
Turkey closed its airspace to planes flying to and from Sulaymaniyah International Airport in Iraq’s Kurdish region, accusing separatist militants of using the site.
US trade deficit widens for a third month to $70.5 billion
The US trade deficit widened for a third-straight month in February as the value of exports fell more than imports.
A month after her very public firing, TAP Airline CEO remains on the job
A month after being dismissed on live television as chief executive officer of Portuguese airline TAP SA, Christine Ourmieres-Widener remains at the helm of the…
Biden trade chief says US working with allies to counter China
President Joe Biden’s trade chief said the US is working with allies to counter unfair competition from China, seeking to create new agreements that bolster…
Kuehne+Nagel and Birmingham-Shuttlesworth International Airport welcome the first charter cargo flight from Stuttgart, Germany
Kuehne+Nagel, a global logistics company, welcomed the first charter cargo flight into Birmingham-Shuttlesworth International Airport (BHM) marking the first cargo flight from Stuttgart, Germany to…
SATS completes acquisition of Worldwide Flight Services
Combination creates an Americas-Europe-APAC network with a global footprint of 201 cargo and ground handling stations in 23 countries to drive future growth and secure…
US gets new levers from Japan to curb China’s chip ambitions
Japan’s decision to join the US and Netherlands in restricting exports of chipmaking gear to China is giving the allies powerful new weapons to deploy…
OPEC+ cut set to trigger more competition for Latin America oil
A shock move by OPEC and its allies to cut their mainly high-sulfur crude output is about to thrust Latin America into the spotlight as…
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