Air Freight News
Click to Read More
Bringg adds to fleet network with Frayt and Bungii partnerships
Bringg, the leading delivery orchestration platform, announced today partnerships with both Frayt and Bungii. Both fleets offer a range of shipping options for the big…
Southwest Air targets extra $2.6 billion with stock, bond sales
Southwest Airlines Co. is looking to raise about $2.6 billion by selling shares and convertible notes, stepping up a push to add liquidity as the…
Click to Read More
Turkish Cargo achieves three certifications concurrently
Turkish Cargo, the fastest-growing air cargo airline in the world with continuously prospering operations, became the first air cargo airline to concurrently achieve all three…
Click to Read More
US merchandise trade slumps to lowest in almost three years
U.S. exports and imports of goods slumped in March to the lowest level in almost three years as the coronavirus pandemic shut down economies across…
Click to Read More
Lowly water heaters get ensnarled in cross-border Covid-19 fight
Bradford White Corp. is an American company that prides itself in making water heaters at plants in places like Niles, Michigan, and Rochester, New Hampshire.
SAS slashes 5,000 jobs in deepest cut at a European airline
Scandinavia’s biggest network airline, SAS AB, is eliminating as many as 5,000 jobs, marking the first permanent staff cuts by a major European carrier in…
Russia goes against the grain with wheat restrictions
Want to receive this post in your inbox every day? Sign up for the Supply Lines newsletter, and follow Bloomberg Economics on Twitter for more.
Germany prepares to take stake in Lufthansa in bailout
Deutsche Lufthansa AG, locked in tense negotiations over terms of a multibillion-euro state bailout, is considering court protection as a last resort should the sides…
Virgin Australia bondholders in talks with Hogan Lovells
International law firm Hogan Lovells is holding discussions with some bondholders of distressed airline carrier Virgin Australia, ahead of a first creditors meeting set for…
China calls US trade adviser Navarro ‘liar’ on hoarding claim
China’s foreign ministry denounced White House trade adviser Peter Navarro as a “liar,” in the latest volley between the two sides over the coronavirus outbreak.