Air Freight News
CMACGM GRR from Asia to West Africa
CMA CGM informs of the following General Rate Restoration effective March 16th, 2020 (B/L date):
Six trade remedies to help the world economy minimize the virus fallout
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OOCL Asia to North Europe trade service reinstatements
OOCL has reinstated the following Asia-Europe sailings that are in addition to those announced on January 13.
Qatar’s liquefaction capacity drive set to cost $50 billion
Qatar’s ambition to raise its liquefaction capacity from the current 77 million tonnes per annum (tpa) to 126 million tpa is likely to cost more…
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Aeroflot to operate flights to/from Iran and South Korea from Terminal F of Sheremetyevo Airport
Beginning March 1, Aeroflot will transfer flights to/from Iran and South Korea to Terminal F of Sheremetyevo International Airport.
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Boeing goes on hiring spree in high-stakes gamble on 737 Max
In the weeks before Boeing Co. halted 737 Max production in January, company executives took a hard look at all the personnel who’d be left…
Indian makers of steel-industry product may win EU duty relief
Indian exporters including HEG Ltd. may win tariff relief on shipments to Europe of graphite electrodes for electric furnaces, which are used by steelmakers.
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Huawei makes end-run around U.S. ban by using its own chips
Huawei Technologies Co., the Chinese technology giant barred from doing business with U.S. suppliers, is finding a way around the strict limits imposed by the…
China takes charge of HNA, paving way for faster asset sales
China began assuming control of debt-laden HNA Group Co., paving the way for a hastened selloff of the once-sprawling conglomerate’s remaining assets after it became…
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U.S. launches tool to stake claim to world’s rare earth minerals
In a high-tech twist on hammering pickets into the ground, the U.S. State Department has launched an online tool aimed at staking America’s claim to…