Air Freight News
Major Air Canada holder endorses bailout and sees 50% upside
Letko Brosseau & Associates Inc., one of Air Canada’s largestshareholders, says the terms of the government’s rescue packageare fair and the airline’s stock could rise…
Enbridge’s Great Lakes pipeline is ‘nonnegotiable’ for Canada
Enbridge Inc.’s contentious oil pipeline crossing the Great Lakes is “nonnegotiable” for Canada, and Justin Trudeau’s government spoke with U.S. President Joe Biden to defend…
FTR’s Trucking Conditions Index Improves in February to 11.23 Reading
FTR’s Trucking Conditions Index (TCI) for February, as reported in the April issue of Trucking Update, improved to 11.23 up from the January 10.37 reading.
Aluminum jumps to highest since 2018 on strong China trade data
Aluminum surged to the highest in almost three years, leading gains in base metals as Chinese trade data buoyed the outlook for demand.
Israeli ship attacked after Iran vows revenge, Arabiya TV says
An Israeli-owned ship was “slightly damaged” by an Iranian missile in the Arabian Sea, Al Arabiya TV reported, days after Iran accused Israel of assaulting…
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Port of Montreal President slams partial strike move by dockers
With the mounting prolonged waterfront labour conflict reaching the point where dockers plan to cease working overtime indefinitely as of today and on weekends this…
Boeing’s 737 Max comeback fuels rare sales win over Airbus
Boeing Co. topped Airbus SE in quarterly jet sales for the first time since early 2019, when the U.S. planemaker spiraled into crisis because of…
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Port of Oakland reports record cargo surge in March
An international trade boom is exploding at the Port of Oakland. The Port today reported all-time high container volume for import and export cargo in…
Transmar and Transmetrics sign deal for the state-of-the-art logistics collaboration
Big Data and Artificial Intelligence help to significantly boost efficiency for Egyptian shipping company
Dachser is satisfied with the year’s results
Virtually no dip in company revenue in 2020, the year blighted by Covid-19, with the strong second half offsetting the impact of the European lockdowns…