Air Freight News
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Tesla’s call for tax breaks rejected by India in fresh blow
India turned down a demand of Elon Musk’s Tesla Inc. for tax breaks to import electric cars, saying rules already allow bringing in partially-built vehicles…
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Giant Maersk ship freed after running aground by german port
A giant container vessel owned by A.P. Moller-Maersk A/S has been freed after running aground outside a German port, removing worries about a possible new…
Japan flags vulnerability to China supply chain constraints
Japan flagged its vulnerability to supply chain constraints in China in a report showing that more than 1,000 import items are heavily dependent on its…
Japan to ensure its own gas supply before aiding Europe
Japan will make sure its own energy demands are met before aiding Europe with shipments of liquefied natural gas in the event conflict erupts over…
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Truck it in raises largest early funding in Pakistan, MENA
Pakistan’s Truck It In has raised $13 million in early-stage funding, the largest for a logistics startup in the Middle East, North Africa and its…
Bipartisan ocean shipping overhaul introduced in U.S. Senate
The first major update of U.S. international ocean-shipping laws in more than two decades was introduced in the Senate Thursday, a significant step toward passage…
U.S. cements LNG export crown as Venture Global fires up plant
Venture Global LNG began producing liquefied natural gas at its Calcasieu Pass plant in Louisiana, solidifying the U.S.’s position as the world’s top producer of…
East Hampton’s plan to cut airport noise runs Into FAA trouble
The wealthy resort town of East Hampton on New York’s Long Island said it’s restricting traffic at its airport even as the Federal Aviation Administration…
Texas cold halts some Permian Oil as ice disrupts trucking
The extreme cold that’s descended across Texas is prompting some oil producers in the Permian Basin to halt a small part of their output as…
Seacoast Capital exits non-control growth capital investment in East Coast Warehouse & Distribution
Seacoast Capital ("Seacoast"), a lower middle market non-control growth capital investor, announced today the exit of its investment in East Coast Warehouse & Distribution ("ECW"…