Air Freight News
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American farmers are set to plant more corn as war in Ukraine threatens supply
American farmers are set to plant more corn than last year, thanks in part to price increases caused by Russia’s attack on Ukraine, according to…
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China buys up US corn, soybeans as Ukraine war roils trade
China is scooping up U.S. corn and soybeans as part of efforts to mitigate the risks to commodity supplies from Russia’s war in Ukraine and…
Russia’s toxic oil sends tanker rates into a frenzy
For clues on how toxic Russian oil has become, look no further than the trade for tankers that export it.
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US targets Russian oil sector with equipment-export ban
The Biden administration said Wednesday it is seeking to degrade Russia’s status as a leading world producer of oil and natural gas by restricting exports…
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Nickel market eyes fate of Siberian metal as sanctions bite
The biggest risk in battery materials from Russia’s increasing economic isolation centers on supplies of top-notch Arctic nickel controlled by the country’s richest man.
Canada nixes Russia trade status, sanctions Rosneft and Gazprom
Canada is ratcheting up sanctions on Russia in response to the invasion of Ukraine in coordination with Western allies, unveiling new restrictions on energy companies…
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Alcoa halts business with Russia as Ukraine invasion advances
Alcoa Corp., the largest U.S. aluminum producer, said it will stop selling products to Russian companies and halt raw-material purchases from the country in response…
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Fertilizer maker Nutrien asks Canada to halt rail strike
Nutrien, the world’s biggest crop-nutrient producer, said it wants the Canadian government to stop a strike at one of the nation’s largest railways, because the…
EU seeks to end Russia’s most-favored nation status at WTO
The European Union is seeking to remove Russia’s most-favored nation status at the World Trade Organization, a move that could further hit 95 billion euros…
Treasury’s Yellen urged to ensure crypto isn’t Russia sanctions workaround
A group of key Senate Democrats wants to know more about what the Treasury Department is doing to ensure digital currencies aren’t being used to…