Air Freight News
Airlines see 2023 profit as US growth offsets China barriers
The airline industry is set to achieve its first post-pandemic profit next year, as a travel rebound in the US offsets the impact of ongoing…
Malaysia’s East Coast Rail Link project to continue under Anwar
Malaysia’s East Coast Rail Link project will continue without any changes, according to the newly appointed Transport Minister Anthony Loke.
Morocco eyes huge hydrogen projects for export to Europe
Morocco is considering partnering with Gautam Adani — Asia’s richest person — on a large-scale hydrogen project amid a renewable energy push to meet demand…
Israeli firms eye Turkey imports as China shipping costs rise
Israeli businesses are seeking to increase imports from Turkey because maritime shipping costs are making supplies from China expensive.
Oil merchants troubled by trade norms that don’t fit the cap
The oil price cap that the Group of Seven nations imposed on Russia may finally be in place, but it’s yet to convince one vital…
Canada trade surplus widens on rising consumer goods exports
Canada’s merchandise trade surplus widened by more than expected in October, led by exports of consumer goods, canola and wheat.
Jet Airways revival hits new snag as banks push back on funding
Lenders to bankrupt Jet Airways India Ltd. are resisting a court-approved resolution plan, further delaying the former No. 1 private airline’s return to the skies,…
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Drivers and small fleets can now take advantage of discounted tax and business solutions from Trucker Path
Partnership with American Truck Business Services provides access to discounted services for truckers from the industry’s largest tax and accounting firm
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US won’t back 2022 patent waivers for Covid tests and treatments
The US won’t agree to waive intellectual-property protections for Covid-19 treatments and tests this year -- aligning with developed-nation peers and damaging prospects for a…
Oil slumps further below $80 as broad selloff dents markets
Oil fell the most in more than two weeks as broader equity markets collapsed and risk-averse investors pared crude positions ahead of the end of…