Air Freight News
Invasion fallout frays supply chains anew in inflation shock
Supply chains that rattled the global economy through the pandemic are unleashing another shock as efforts to choke off trade with Russia strain resources ranging…
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Commodities’ historic week sends shock waves around the world
Commodities are wrapping up a historic week as Russia’s invasion of Ukraine roils markets, with foodstuffs soaring, metals setting records, and oil in the throes…
Thai inflation surges to highest since 2008 on fuel, food costs
Thailand’s retail inflation accelerated at the fastest pace since 2008 as the net oil importer struggled to cope with rising energy and fresh food costs,…
China-backed development banks halt Russia loans amid sanctions
The China-backed Asian Infrastructure Investment Bank halted all businesses with Russia and Belarus amid rising geopolitical tensions, a sign of Beijing’s cautious approach to financial…
Swatch group halts exports to Russia but keeps stores open
Swatch Group AG is halting exports to Russia but will keep its stores open to continue selling Omega, Longines and Tissot watches to Russian customers.
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American farmers are set to plant more corn as war in Ukraine threatens supply
American farmers are set to plant more corn than last year, thanks in part to price increases caused by Russia’s attack on Ukraine, according to…
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China buys up US corn, soybeans as Ukraine war roils trade
China is scooping up U.S. corn and soybeans as part of efforts to mitigate the risks to commodity supplies from Russia’s war in Ukraine and…
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Boston Consulting’s Sanders says carriers investing more in supply chain
The COVID crisis and import surge into the United States has increased ocean carrier revenues and resulted in some companies investing in supply chain operations…
Russia’s toxic oil sends tanker rates into a frenzy
For clues on how toxic Russian oil has become, look no further than the trade for tankers that export it.
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5G goes live at the Port of Felixstowe
Hutchison Ports Port of Felixstowe has reached a significant milestone by becoming the largest UK port to deploy 5G technology and the Internet of Things…