Air Freight News
Europe imported more weapons ahead of Russia war, report says
Europe saw some of the biggest growth in arms imports among world regions before Russia went to war with Ukraine, and the continent is expected…
Strikes force hundreds of flight cancellations across Germany
Hundreds of flights were canceled across Germany on Monday after a key labor union called for security and services staff to walk off the job…
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Fleet management efficiency comes under scrutiny
According to Allied Market Research, the global fleet management market was valued at around US$19.47 billion in 2020, and is projected to reach a value…
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JD Logistics buys 66.5% of China’s Deppon for $1.4 billion
JD Logistics Inc. plans to buy Chinese logistics firm Deppon Logistics Co. as the delivery arm of China e-commerce giant JD.com seeks to boost its…
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Russia-Ukrainian war jeopardizes regional metals supply chains
Its likely disruptions will last well beyond the duration of the current conflict
EU mulls Russia export ban on cars worth over 50,000 Euros
The EU is discussing a ban on exports of luxury vehicles worth more than 50,000 euros ($54,760) to Russia as part of its latest sanctions…
Sliding yen looks like one-way bet as Japan import costs surge
The yen has been on a slippery slope against the dollar for the past six months due to policy divergence and surging commodity prices. Strategists…
Billionaires tip more cash Into Australia’s solar export vision
Atlassian Corp. co-founder Mike Cannon-Brookes and iron ore magnate Andrew Forrest have committed more cash to a A$30 billion ($21.9 billion) project to export solar…
Australia, Netherlands sued Russia over downing of Flight MH17
Australia and the Netherlands started legal proceedings against Russia over the downing of Malaysia Airlines Flight MH17, more than seven years after the deadly crash.
British Airways-operator Comair still grounded in South Africa
South African carrier Comair Ltd. remained grounded on Monday after being suspended indefinitely by the country’s aviation regulator pending a review of concerns raised about…