Air Freight News
Korea exports post biggest gain since 1988 as world reopens
South Korea’s exports surged the most since 1988 in May as a reopening of overseas economies boosted demand for products manufactured by the Asian nation.
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One of world’s top ports expects delays on China covid outbreak
One of the world’s busiest ports could see shipments delayed as a Covid-19 outbreak that earlier closed part of the facility spurs stricter virus-control measures.
OPEC+ sees tight oil market as ministers set for supply talks
A year after shuttering unprecedented volumes of crude, the OPEC+ alliance is expecting world oil markets to get acutely tight.
Exports, housing bolster Canada’s economy in face of lockdowns
Canada’s economic recovery likely forged ahead in the first quarter, with a recovering export sector and red-hot housing market bringing total output to the cusp…
Qatar Airways is in a mystery spat with Airbus
Qatar Airways Chief Executive Officer Akbar Al Baker threatened to stop taking deliveries of Airbus SE jets this year because of an unspecified “serious” disagreement,…
Iran’s oil minister says country can boost output rapidly
Iran’s oil minister said the country can increase its crude production rapidly, as world powers enter the final stages of negotiations to revive a 2015…
Apple claims progress in supply chain, no child labor cases
Apple Inc., which has come under fire for the behavior of its suppliers, reported progress among its manufacturing partners during the tumultuous year of the…
Qantas offers unlimited flights in biggest vaccine incentive
Qantas Airways Ltd. is offering unlimited flights for a year among a pool of prizes for people who’ve had Covid-19 shots, the biggest incentive yet…
US sanctions on Belarus include petrochemicals, Treasury says
Nine state-owned enterprises in Belarus cited on a White House sanctions list include industrial plants and an oil trading platform, a Treasury spokesperson said.
Iran transfers oil from pipeline skirting troubled strait
Iran started its first transfer of crude oil via its strategic Goreh-Jask pipeline, allowing the country to bypass the Strait of Hormuz, the state-run Islamic…