Air Freight News
MSC: New Zealand Import Container Free Time and Container Hire update
MSC Mediterranean Shipping Company wishes to advise that an updated Import Container Hire tariff will come into effect on March 8th, 2021. The new rates…
Hapag-Lloyd PSS from Italy to East Coast South America
Hapag-Lloyd announced that as of March 1st, 2021 we will apply a Peak Season Surcharge (PSS) for all cargoes from Italy to all destinations at…
ILTA president echoes bipartisan calls for tapping of Harbor Maintenance Fund
Kathryn Clay, president of the International Liquid Terminals Association, today echoed calls from the House Transportation and Infrastructure chairman and ranking members that President Biden…
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Port of Baltimore sets another record for container moves with 6,000 from single ship
Volume from Maersk Edinburgh continues trends aided by e-commerce
Iran Says U.S. attempt to seize oil cargo is ‘act of piracy’
Iran said an attempt by the U.S. government to seize 2 million barrels of oil aboard a Greek-owned tanker was “an act of piracy,” as…
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Biden faces South African push to extend trade concessions
South Africa is apprehensive about striking a new trade deal with the U.S. and would rather maintain existing relations with the world’s largest economy, the…
Dubai Airports traffic slumps 70% in 2020 on Covid-19 lockdowns
Dubai International Airport reported a 70% slump in traffic last year as restrictions in place to stem the spread of the coronavirus pandemic put the…
SK Innovation drops most in a year on U.S. ban of EV batteries
SK Innovation Co. had the biggest decline in almost a year in Seoul trading after the International Trade Commission ruled its electric-vehicle batteries will be…
American Airlines weighs debt deal to refinance treasury loans
American Airlines Group Inc. is weighing a return to the debt market as soon as March to help pay back loans from the U.S. government…
Brent Oil Posts Fourth Weekly Gain With Global Surplus Dwindling
Oil in London climbed for a fourth straight week as efforts to clear an oil surplus are seen holding the market over until demand comes…