Air Freight News
Ryanair sues EU to topple Sweden’s $494 million airline rescue
Ryanair Holdings Plc asked European Union judges to cancel EU approval of Sweden’s 455 million-euro ($494 million) loan guarantees for airlines, the first of several…
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FIS Air Freight Report May 4, 2020
New for this week, Calendar year contracts for 2021 (Cal 21) have been added to cover forward contract interest.
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Food panic recedes for now as nations row back export curbs
The wave of protectionist measures on agricultural goods that emerged as the coronavirus spread around the world has already begun to recede.
US targets expiring Iran arms embargo at eisk of angry allies
The Trump administration is escalating tensions with allies as it seeks to renew a UN arms embargo on Iran that’s set to expire this year,…
Palm oil imports by no. 1 buyer seen tumbling to nine-year low
Palm oil purchases by India will probably plummet to the lowest level in nine years as the closing of restaurants and hotels to contain the…
Tariff bomb is back to cast doubt on Asia rebound
Investors and analysts are still scrambling to update their models to factor in a collapse in earnings and a barrage of terrible economic data. Now,…
India pledges easy access to land for factories leaving China
India is developing a land pool nearly double the size of Luxembourg to lure businesses moving out of China, according to people with the knowledge…
Qantas warns of years-long recovery as it raises more funds
Qantas Airways Ltd. warned public appetite to fly overseas could take years to return as the airline borrowed yet more funds to weather aviation’s biggest-ever…
Biofuel giant sees more driving than before in post-pandemic era
There’s light at the end of the tunnel for the battered American ethanol market, according to producer Green Plains Inc.
CMA CGMP: IMO 2020 - Low Sulphur Surcharge (LSS) - June 2020
CMA CGM has introduced a Low Sulphur Surcharge (LSS20) effective December 1st, 2019 to cover the increase in fuel-related costs associated with the implementation of…