Air Freight News
China suspends meat imports from four Australian abattoirs
China has suspended meat imports from four Australian abattoirs, fueling concerns that escalating tensions between the two nations are damaging Australia’s most important trading relationship.
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Boeing CEO says a US airline will ‘most likely’ fold this year
Boeing Co.’s top executive sees a rocky road ahead for U.S. airlines, saying it’s probable that a major carrier will go out of business as…
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Oil’s nightmare scenario of storage exhaustion starts to fade
While the global oil market remains in a dire situation, it’s starting to look like the nightmare scenario envisioned for the past month might just…
YRC Worldwide reports first quarter 2020 results
YRC Worldwide Inc. reported results for the first quarter ended March 31, 2020. Operating revenue was $1.150 billion and operating income was $28.0 million, which…
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Panama Canal secures steady draft, operational reliability following water measures
Earlier this year, the Panama Canal implemented water saving measures after experiencing the fifth driest year at the Canal in 70 years. Thanks to the…
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US Army awards Crowley solutions as third party logistics provider in Europe
Under terms of the May 4 award, Crowley will provide third party logistics (3PL) services to the U.S. government, NATO and non-NATO partners throughout the…
Oil dips with doubts surfacing over Saudi Arabia production cuts
Oil declined as doubts circulated over Saudi Arabia’s ability to implement additional pledged production cuts.
Commodities primed for major week as lockdown shackles ease off
Commodities investors will zero in this week on the tide of moves around the globe to ease the anti-virus lockdowns that have crippled economies. Raw…
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Port of Virginia Decline in Container Volumes Continues
Richmond Barge Volume Strong, Uptick in Vehicle Imports, Cruise Ships at PMT
Ryanair sues over Air France aid in fight to halt virus bailouts
Ryanair Holdings Plc challenged French government help for Air France-KLM, in its latest legal attack on allegedly unfair government support for favored national carriers amid…