Air Freight News
Billionaire Branson sits out Virgin Orbit’s costly flameout
Richard Branson was long a force to be reckoned with in the booming private space business.
Russian oil flows hold fast even as Kremlin says output slashed
Seaborne crude exports remain above 3 million barrels a day for a sixth week
Hong Kong’s exports slide as weak global demand hits recovery
Hong Kong’s exports fell for a ninth consecutive month in February as demand for goods from China and the rest of the world remained weak,…
Hong Kong Airport handled 2.1 million passengers in February
Hong Kong International Airport handled 2.1 million passengers last month, about 24 times that of February last year, airport authorities said in statement.
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Biden broadband plan runs headlong into ‘Buy American’ mandate
It’s nearly impossible to bring fast internet to rural communities without electronic components that are made in foreign countries
Germany faces travel chaos amid Lufthansa snags, strike
Deutsche Lufthansa AG said it cancelled some flights on Sunday due to technical issues, just hours before a major strike threatened to force most of…
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Biden trade chief says traditional agreements created problems
US Trade Representative Katherine Tai told lawmakers that some tariff-lowering agreements have made the US economy vulnerable, and the Biden administration wants to address the…
South Africa’s Transnet suspends iron-ore railway on storm damage
South African state-owned rail operator Transnet SOC Ltd. said it has suspended operations along its iron-ore corridor to Saldanha since Thursday due to bad weather.
US weighs energy sanctions on Myanmar hurting allies
The US is weighing sanctions on Myanmar’s state-owned oil and gas company to choke funding to the nation’s military regime, according to people with direct…
American Airlines suspends US-Spain flight due to Boeing 787 delays
American Airlines Group Inc. will temporarily suspend a route between the US and Spain because of ongoing delays in the delivery of Boeing Co. 787…