Air Freight News
Russian oil embargo risks more inflation trouble for Europe
European countries already reeling from record inflation risk aggravating their plight with the decision to shut themselves off from Russian oil imports.
India mulls wheat export curbs in latest food supply squeeze
India is considering restricting wheat exports as severe heat waves have damaged crops, exacerbating tight global supplies after the war in Ukraine sent food inflation…
Boohoo plunges as online clothing retailer’s growth wilts
Boohoo Group Plc shares plunged after the U.K. online clothing retailer warned that revenue growth may grind to a halt in the first half as…
Oil climbs as investors weigh inventory estimates, China’s curbs
Oil rose as industry data pointed to a drop in U.S. stockpiles and traders monitored possible European Union curbs on Russian crude.
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Record fuel exports from US Gulf Coast drain tanks at home
Record fuel exports from the U.S. Gulf Coast are eating into domestic supplies, leaving gasoline and diesel tanks on the East Coast emptier than they…
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US monthly oil shipments to Europe climb to highest since 2016
The U.S. is shipping the largest amount of crude oil to Europe since Washington ended its ban on exports more than six years ago as…
Southern back to full output ahead of protester talks
Southern Copper Corp. is back to full capacity at its Cuajone operation in Peru as the company prepares for formal talks with community members whose…
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EERE success story – How spiral welding is revolutionizing wind turbine manufacturing
Manufacturing costs and logistics are two challenges to rapidly integrating more renewable energy into the U.S. power system. This is especially true for tall land-based…
Freight railroads remain committed to serving customers, broader economy
U.S. freight railroads made clear to the U.S. Surface Transportation Board (STB) and their customers they are committed to delivering the safe and reliable service…
MSC BRC - scope: WCSA to USA
Effective June 1st, 2022, MSC Bunker Recovery Surcharge (BRC) will be applicable as follows: