Air Freight News
Spain pushes for quick EU action to approve Chile trade deal
Spain wants the European Union to move quickly to ink a free-trade deal with copper powerhouse Chile that was put on ice late last year.
Tesla’s solar deployments plummet 48% amid ‘import delays’
Tesla Inc.’s solar deployments fell by 48% as import challenges held up deliveries of some components.
Cathay offers pilots up to $93,000 allowances to stem exodus
Cathay Pacific Airways Ltd. will alter monthly allowances and other perks for pilots as it tries to stem a wave of resignations among crew frustrated…
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Idled trucks imperil fuel demand as China widens Covid battle
China’s trucking fleet has been caught up in the nation’s push for Covid Zero, further threatening oil demand as supply chains snarl.
Union Pacific profit tops analysts’ estimates on coal surge
Union Pacific Corp.’s shipments of coal and chemicals jumped in the first quarter, helping the largest publicly traded railroad to post profit above analysts’ expectations.
Korea early exports rise in sign of resilient global demand
South Korea’s early trade data indicate exports are set to post strong gains in April as powerful U.S. demand shores up global commerce in the…
US Capitol evacuated after stunt plane enters restricted zone
An “all clear” was issued when it turned out the aircraft was taking part in a parachute landing before a game between Major League Baseball’s…
Eight-hour blackouts hit India after hottest March on record
An already sweltering summer and acute coal shortages are triggering blackouts across parts of India, raising fears of a new power crisis that could roil…
Turkey gets $400 million loan for gas amid Deutsche Bank talks
Turkey’s state pipeline operator has received a $400 million loan to cover its natural gas bills as it nears a separate deal with Deutsche Bank…
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China port delays spur ships to bypass Singapore to refuel
Container and bulk ships are skipping Asia’s largest refueling hub in Singapore as delays at ports in China and elsewhere prompt vessels to reschedule their…