Air Freight News
Trafigura to convert more supertankers if oil market woes linger
Trafigura Group could switch more of its crude-oil tankers to carry refined products if sluggish market conditions persist.
Spain breaks EU ranks with sudden call to drop China EV tariffs
The European Union should re-examine its plan to impose additional tariffs on Chinese-made electric vehicles, Spanish Prime Minister Pedro Sanchez said during a visit to…
US Gulf Coast energy facilities hit by hurricane Francine
Energy facilities along the U.S. Gulf Coast have scaled back operations and evacuated some production sites as Hurricane Francine passed through the region.
Transnet breaches loan terms again as debt weighs on investment
Transnet SOC Ltd. breached loan covenants for a second year running as the South African port and rail operator staggers under a debt burden that’s…
Zara to offer its secondhand clothes service in US by October
Zara will offer its service for selling, repairing or donating secondhand clothes in the United States by the end of October as a way of…
As beer loses share to hard seltzer, US barley farmers scramble
Don Nygaard, a third-generation farmer in a remote corner of North Dakota, used to grow malt barley for Rahr Malting Corporation to make into lagers,…
Ford in talks to restart making cars in India for export, minister says
Ford Motor held talks with India's Tamil Nadu state to explore producing vehicles for export, the state's chief minister said, potentially signalling that the U.S.…
Etihad Airways plans IPO no earlier than 2025, sources say
Abu Dhabi's Etihad Airways plans to make its stock market debut no sooner than 2025, two people familiar with the matter said, in potentially the…
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Emissions-free truck prices need to drop by 50% to compete with diesel, study says
Prices of emissions-free trucks need to fall by as much as half to make them an affordable alternative to diesel models, a study by consultancy…
Turkey readies LNG import deal with France’s TotalEnergies
Turkey is preparing to sign a liquefied natural gas supply agreement with France’s TotalEnergies SE as soon as next week, according to an official.