Air Freight News
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Top US ship regulator pledges to keep pressure on carriers
President Joe Biden’s targeting of shipping lines in a crackdown on uncompetitive industries should be welcome news to American companies paying record-high rates for ocean…
Rupee slides toward year’s low as India’s trade deficit widens
After months of wild volatility in the rupee, India’s widening trade deficit and elevated commodity prices are bearing down on the currency, reinforcing a recent…
Russia considers measures to tap mining profits once export tax ends
Russia is considering longer-term measures to grab a bigger slice of mining companies’ profits once a temporary export tax finishes at the end of this…
Yellen to press Europe on digital tax plan following G-20 accord
U.S. Treasury Secretary Janet Yellen will press European Union officials in Brussels this week to reconsider their plan to propose a digital levy after securing…
India wants rich countries to pay more for green energy shift
India can’t prioritize eliminating greenhouse gas emissions without sufficient financing from richer nations to help offset the high cost of transitioning to clean energy, according…
United CEO sees ‘huge desire’ fueling US air travel rebound
Leisure travel on U.S. airlines now exceeds pre-pandemic levels and severely depressed business flying is expected to begin returning in the fall, United Airlines Holdings…
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American Airlines joins White House to distribute COVID-19 vaccine globally
As part of the White House initiative to share at least 80 million U.S. vaccine doses globally this summer, American Airlines moved 1.5 million coronavirus…
Top US stainless steel maker roiled by supply chain woes
In another sign of how supply chains are being snarled all over the world, a leading U.S. maker of stainless steel was forced to declare…
CMA CGM PSS for cargo from North Europe, Scandinavia & Poland to Venezuela, Cuba, Aruba, Curaçao & Bonaire
CMA CGM announced the following Peak Season Surcharge (applicable on short term contracts only)
Iran’s rail network hit by possible cyber attack, State TV says
A potential cyber attack on Iran’s state railway company created “unprecedented chaos” at stations across the country and led to cancellations and delays on hundreds…