Air Freight News
MSC Dummy BL Fee effective September 26th, 2021
MSC announced that effective September 26th, 2021, Dummy BL fee will be $50.
South African second-quarter economic growth beats forecasts
South Africa’s recovery from a coronavirus-induced contraction quickened in the second quarter as restrictions to contain the pandemic were eased.
Enbridge to buy Moda for $3 billion in bet on U.S. oil exports
Enbridge Inc., the Canadian pipeline giant, agreed to acquire Moda Midstream Operating LLC for $3 billion to add U.S. Gulf Coast oil export capacity.
Ikea faces shortages in U.K., Ireland amid supply crunch
Ikea is experiencing product shortages in the U.K. and Ireland as transport issues and the availability of raw materials compound supply problems.
Lufthansa seeks deal on bailout exit before Merkel leaves office
Deutsche Lufthansa AG is seeking to secure a deal on how Germany will wind down its investment in the airline before Angela Merkel’s government leaves…
Taiwan expects elevated trade to continue through to 2023
Taiwan is set to reap the rewards of the post-pandemic rebound in global trade and U.S. efforts to reduce economic ties with China all through…
ADQ Plans to List Abu Dhabi Ports on Local Bourse This Year
Sovereign wealth fund ADQ plans to list Abu Dhabi Ports on the emirate’s exchange before the end of the year, the latest in a series…
Turkey Says International Flights to Kabul Hinge on Security
International flights to Kabul airport may not restart unless the Taliban agrees to allow international security firms to operate inside the terminal building, Turkey’s Foreign…
China trade surges to new records on strong U.S., EU demand
China’s export growth unexpectedly surged in August as suppliers likely boosted orders ahead of the year-end shopping season, offsetting any port disruptions due to fresh…
China’s crude imports rise to five-month high on new quota
China’s overseas crude inflows rose to a five-month high after private refiners were allocated new import quotas and as cargoes that were delayed by a…