Air Freight News
Lonely oil tankers signal ongoing drop in Asia-Europe fuel trade
Shipments of diesel and jet fuel from East Asia to Europe are set to stay low for a while yet, potentially aiding hard-pressed European refiners.
Report: 3 out of 4 supply chains adversely affected by COVID-19
The latest BCI report, COVID19: The Future of Supply Chain, shows the devastating impact the pandemic has had on supply chains, with 73% of organizations…
Fitch Downgrades JFK IAT (NY) to ‘BBB’
Fitch Ratings has downgraded the rating to 'BBB' from 'BBB+' on the JFK International Air Terminal's (IAT or Terminal 4) debt on approximately $1.3 billion…
Descartes teams up with UPS Digital Access Program
Descartes Systems Group announced that it has teamed up with UPS under its UPS Digital Access Program (DAP). As a member of DAP, Descartes has…
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Boeing and Etihad Broaden Sustainability Alliance by Testing Innovations on ecoDemonstrator 787
Test bed will evaluate ways to reduce emissions and noise while flying on sustainable fuel
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WCA World schedules virtual networking conferences for late 2020
The freight forwarding network has scheduled three events for WCA and its two associated networks over the coming months
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Tigers appoints Jana Schebera as new managing director for its China operations
Schebera brings two decades of experience in the logistics and IT sectors, boosting Tigers’ management team as the Hong Kong-based freight forwarder continues to grow
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AirBridgeCargo and ATRAN transport over 170 tons of medical equipment to Krasnoyarsk
AirBridgeCargo Airlines and ATRAN Airlines, air cargo carriers within Volga-Dnepr Group, have organized dedicated charters to transport much-needed medical equipment from Moscow (SVO) to Krasnoyarsk…
Maritime Cyber Attacks Increase by 900 percent
Cyber-attacks on the maritime industry’s operational technology (OT) systems have increased by 900% over the last three years with the number of reported incidents set…
Rystad Energy’s daily market comment from our Head of Oil Markets Bjornar Tonhaugen
With OPEC+ signaling that more surprises are not to be expected on the oil supply side, and with production now set to rise as initially…