🎣 Warrants Served
Plus, a Chicago-based freight broker boasts about making $215k in one day, Lineage Logistics hits it big with an $18 billion IPO, the latest on the Ocean's 11-style freight heist, and more.
UPS pilots pledge solidarity with Teamsters, promising to halt flights if a strike occurs. The move puts UPS's labor costs and customer relationships at risk.
Air cargo spot rates experienced a significant drop in June, causing unease among airlines and forwarders.
Global air cargo demand remains weak, barring southern China's strong e-commerce volumes. Rates see region-specific shifts amidst rising operational costs.
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