Air Freight News
Mask mandate on U.S transit set to expire as Omicron cases pick up
Transportation groups urge government to let mask rule end even as omicron variant adds to U.S. Covid case count.
IEA cuts oil demand forecast as China reimposes lockdowns.
The International Energy Agency cut its forecast for global oil demand this year after China reimposed lockdowns to contain the spread of a resurgent coronavirus.
China’s exports to Russia slump after Ukraine invasion
China’s exports to Russia slumped in March after the invasion of Ukraine even as shipments to other nations grew quickly, indicating Chinese companies are likely…
Maersk halts work at South Africian port as floods kill 60
A.P. Moller-Maersk A/S suspended some operations at South Africa’s biggest port because of damage caused by flooding that left dozens of people dead.
Boeing 737 Max simulator glitches prompt India to ground pilots
India barred 90 pilots from flying Boeing Co. 737 Max jets after finding problems with a simulator they’d trained on to operate the aircraft, which…
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DHL Transport Chief sees “so much strength” in the U.S. economy
The U.S. economy is strong enough to avoid a sharp downturn, even as concerns are growing about how long consumers can sustain healthy spending levels…
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Snarled supply chains stretch wait times for top bicycle maker
Giant Manufacturing Co. is waiting as long as two years for bicycle parts as unprecedented disruptions and lockdowns roil the global supply chain, putting one…
Oil traders selling pricey Russian crude chafe Indian refiners
Indian refiners that are among the few remaining eager buyers of Russian oil are baffled as to why they’re paying nearly full cost for cargoes…
California dock fire may pressure already high gasoline prices
A four-alarm fire over the weekend at a San Francisco-area dock could force Valero Energy Corp.’s Benicia refinery to cut fuel production, potentially pushing local…
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GreyOrange announces new leadership appointments in its product and consulting divisions
Ravish Sharma appointed as Vice President, Product Management; Troy Siwek appointed as Partner and Leader, Client Relationships