Air Freight News
Ukraine wants EU membership but accession usually takes years
President Volodymyr Zelenskiy appealed to the European Union to fast-track membership for Ukraine. But despite support from several member states, the process is an arduous…
Singapore banks halt Russia commodity lending as sanctions mount
Singapore’s biggest banks are restricting trade financing for Russian raw materials, as the war in Ukraine spurs lenders in Asia’s largest energy and commodities trading…
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War in world’s breadbasket leaves big buyers hunting for grain
Russia’s invasion of Ukraine is threatening shockwaves through two of the world’s staple grain markets, prompting countries that rely on imports from the region to…
Europe, Russia trade airspace bans, echoing cold war disruption
Russian airlines were barred from flying through more countries in Europe, shutting off carriers such as Aeroflot from the shortest routes heading west.
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US slaps broad restrictions on Russia imports over Ukraine
The Biden administration announced sweeping restrictions to deny Russia access to products based on U.S. technology, as well as those that can be used for…
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Capital goods orders in US climb by the most in four months
Orders placed with U.S. factories for business equipment rose in January by the most in four months, exceeding forecasts and consistent with resilient capital spending…
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War in world’s breadbasket leaves big buyers hunting for wheat
Russia’s invasion of Ukraine is threatening shockwaves through two of the world’s staple grain markets, prompting countries that rely on imports from the region to…
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Chicago wheat surges by exchange limits as attack risks supplies
Grain markets catapulted even higher as Russia’s attack on Ukraine put a vital source of global supplies at risk.
U.K. High Court maintains Brexit sugar deal, quashing challenge
A challenge to one of the U.K. government’s first post-Brexit trade deals has been quashed in the country’s High Court, where a judge ruled that…
Ukraine invasion to squeeze high-quality iron market, Vale says
Russia’s invasion of Ukraine is casting a shadow over the global economic recovery that underpins steel demand. But there’s a significant offset for producers of…