Air Freight News
Tycoon Adani’s Australia chief says shunned coal needs support
Indian billionaire developed the Carmichael mine in Queensland amid fierce opposition from climate activists to global banks.  
Echo Global Logistics signs definitive agreement to acquire Roadtex Transportation Corp.
The deal brings a national warehouse footprint and advanced temperature-controlled transportation solutions to Echo while providing Roadtex's customers with truckload brokerage and expanded transportation management…
With world ‘on fire,’ Sunrun wants speedy tariff probe decision
The head of the biggest U.S. residential-solar company says the Commerce Department should issue a prompt preliminary decision into a tariff probe that it warns…
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US considers unprecedented sanctions on China tech giant Hikvision
Shares of Hangzhou Hikvision Digital Technology Co. tumbled by as much as 10% as the U.S. considers imposing new sanctions on surveillance-technology giant, potentially the…
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ZeroNorth makes pair of new appointments to strengthen growth ambitions and advance vision to make global trade green
Karl Thorngren joins as ZeroNorth’s Chief Financial Officer and Kenneth Juhls becomes Managing Director of ZeroNorth-owned ClearLynx
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US threat to sanction Hikvision shows China ties near a tipping point
The fate of a Chinese technology giant at risk of unprecedented U.S. sanctions will show whether the Biden administration intends to significantly ramp up tensions…
Qantas buys Alliance in $553 million charter flight deal
Qantas Airways Ltd. agreed to buy the rest of Australia’s Alliance Aviation Services Ltd. in a deal valuing the company at A$763 million ($553 million),…
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World Container Index - May 5th
Drewry’s composite World Container Index decreased by 0.5% to $7,727.84 per 40ft container this week.
Russia’s Novatek struggles to trade Europe gas on Ukraine recoil
Novatek PJSC, Russia’s largest independent natural gas producer, is grappling with a slowdown in business in Europe following the invasion of Ukraine that threatens its…
Russian energy firm Lukoil wants to know who its bondholders are
Russia’s second-biggest oil producer is looking to identify its creditors, as the firm attempts to pick its way through the complex web of new rules…