Air Freight News
Hyundai considers speeding up building new US factory for electric cars
Hyundai Motor Group is contemplating building its first electric-vehicle plant several months earlier than scheduled amid disputes over a new US clean energy law, according…
South Korea Slashes Chip Production for First Time in Over Four Years
South Korea’s semiconductor output fell for the first time in more than four years in a sign chipmakers are bracing for a slowdown in global…
Export ban triples nickel investment in Indonesia’s Morowali
Indonesia’s nickel investment is set to triple in one of the country’s biggest industrial parks, following a 2019 ban on raw ore exports that President…
Click to Read More
Drought pushes Mississippi River grain shipping rate to a record
American farmers face yet another supply-chain headache just as harvest season moves into high gear: Not enough barges on a shrinking Mississippi River.
Russian oligarch Deripaska charged with violating US sanctions
US prosecutors unsealed charges against Russian oligarch Oleg Deripaska and three others, charging them with violating US sanctions against him and one of his companies,…
Click to Read More
More Russia sanctions are coming, Biden officials tell senators
The US and its allies are planning more sanctions against Russia over its invasion of Ukraine, a senior Biden administration official told senators Wednesday, as…
UK becomes net exporter of electricity: Energy update
Germany set out a plan to limit gas prices for homes and business that will need €200 billion ($195 billion) of borrowing, a move that…
Biden administration readies new sanctions targeting Iran’s oil exports
The US plans to announce new sanctions as soon as Thursday targeting Iranian oil exports, two people familiar with the matter said, as the Biden…
UK becomes net electricity exporter for first time in 12 years
The UK exported more electricity than it imported in the second quarter of the year for the first time in more than a decade, helping…
Click to Read More
Graves Statement from Hearing on the Administration’s Inflation-Inducing Multi-Trillion-Dollar Spending Spree
Opening remarks, as prepared, of Transportation and Infrastructure Committee Ranking Member Sam Graves (R-MO) from today’s hearing entitled, “Investing in our Nation’s Transportation Infrastructure and…