Air Freight News
Hong Kong travel challenges mount as flight bans climb to 100
Hong Kong suspended flights from three airlines Monday, bringing its bans this year to 100 as the city continues to impose onerous Covid travel restrictions…
Energy crisis slams Japan as weak yen sends import costs surging
Currency’s 24-year low and war in Ukraine make oil and gas even more expensive, while heatwave pushes power generators to the brink
Germany has first monthly trade deficit since 1991 on inflation
Germany reported its first monthly trade deficit in three decades, as companies faced surging costs for imports and softer demand for their products amid a…
Hong Kong region sees jump in ships in aftermath of typhoon
Typhoon Chaba has upset shipping after passing through the Hong Kong area over the weekend, creating a blip for supply chains that are still recovering…
Putin’s media blitz on Africa food crisis sparks alarm in Europe
EU diplomats are concerned that a Russian effort to link the food crisis to sanctions is gaining traction in Africa.
Iran slashes cost of its oil to compete with Russia in China
Iran is being forced to discount its already cheap crude even more as a top ally gains a bigger foothold in the key Chinese market.
Senate Democrat urges Biden to repeal tariffs to fight inflation
A Senate Democrat called on President Joe Biden to repeal tariffs put in place by the Trump administration, saying they haven’t significantly changed China’s trade…
Johnson calls on Saudi Arabia to increase oil production
U.K. Prime Minister Boris Johnson urged Saudi Arabia to ramp up oil production, seeking to cool record fuel prices in an echo of comments last…
Boeing rues US-China trade war as Airbus wins $37 billion deal
A giant aviation deal from China on Friday underscored how trade tension between Washington and Beijing can impact individual companies, with Boeing Co. left looking…
EasyJet operations chief Bellew quits over union pay clash
EasyJet Plc Chief Operating Officer Peter Bellew is leaving, just as the UK discount carrier grapples with flight cancellations and strikes disrupting its service.