Air Freight News
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Oil freight boom makes $1 million waiting bills more common
With soaring shipping costs comes soaring bills for ships doing nothing.
Gas-exporting Mozambique is a cautionary tale in the loss and damage fight
Tired of waiting for international aid to help rebuild after deadly storms, Mozambique is tapping into massive natural gas deposits to fund development.
Trudeau defends emergency edict used to end trucker convoy
Prime Minister Justin Trudeau defended his decision to invoke emergency powers to quell a trucker-convoy protest in February, arguing during public testimony the move was…
EU postpones talks on oil price cap as divisions stick
European Union diplomats suspended talks on capping Russian oil prices, as Poland and the Baltic states objected to a proposal they consider too generous to…
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Truckers in Korea strike in latest threat to global supply chains
Truck drivers are on strike in South Korea for the second time in less than a year, targeting major ports in a bid to disrupt…
Erdogan says sanctions on Cuba hamper its trade with Turkey
Turkish President Recep Tayyip Erdogan vowed to quadruple bilateral trade with Cuba, blaming sanctions on the communist island for preventing relations from flourishing.
Hunt contests watchdog’s forecast of 4% Brexit hit to UK economy
Chancellor of the Exchequer Jeremy Hunt contested the UK fiscal watchdog’s projection that Brexit will reduce the size of the economy, saying the split from…
Berlin Airport briefly halts flights as protesters occupy runway
Berlin’s airport briefly halted take-offs and landings Thursday evening after climate protesters broke through the airfield’s security perimeter and occupied the runway.
Once-bitten Germany wary of new US trade war over inflation law
German Chancellor Olaf Scholz doesn’t want to start a new transatlantic trade war and he’s worried France’s Emmanuel Macron may be stoking one.
UK and Singapore agree to foster more post-Brexit fintech links
The UK and Singapore have agreed to encourage closer ties between fintech companies in the two jurisdictions.