Air Freight News
Coal India’s shipments sink to four-year low amid Covid crisis
Coal India Ltd.’s shipments touched a four-year low in the 12 months through March, after the pandemic crushed demand for the commodity.
Germany’s US Envoy urges temporary halt to Nord Stream link
Germany’s coordinator for transatlantic relations called for a temporary halt to the construction of the Nord Stream 2 gas link to Russia to give Chancellor…
Indonesia’s J&T Express weighing $1 billion-plus US IPO
J&T Express, an Indonesian courier company, is considering a U.S. initial public offering that could raise more than $1 billion, according to people familiar with…
Egypt may seek $1 billion in damages for Suez Canal crisis
Egypt said it may seek around $1 billion in compensation after a giant container vessel blocked the Suez Canal for almost a week and roiled…
Ryanair set to start flying modified 737 Max after US signoff
Ryanair Holdings Plc is poised to begin flights with a new variant of the Boeing Co. 737 Max jet after U.S. regulators signed off on…
China mulls tax overhaul for steel in push to meet green goals
China is considering a number of tax changes for its mammoth steel industry -- including lowering export rebates -- to bolster efforts to clean up…
Biden signals continued Beijing tension over Industrial policy
The Biden administration raised concern about some of the policy tools China is using to spur its economy, saying they crowd out international companies and…
Huawei Warns of Supply Chain Disruption After Growth Evaporates
Huawei Technologies Co.’s quarterly revenue shrank for the first time on record, reflecting the devastating impact of U.S. sanctions that forced China’s largest technology company…
Schumer seeks NYC tunnel funds in Biden infrastructure plan
Senate Majority Leader Chuck Schumer is seeking to advance a long-delayed rail tunnel connecting New York and New Jersey, saying billions of dollars in transportation…
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Businesses hail Biden public works plan, disdain higher tax
U.S. business groups say they are thrilled that President Joe Biden is proposing massive new investment to upgrade crumbling U.S. infrastructure, but they’ll be lobbying…