Air Freight News
India may devote more sugar to ethanol in blow to export hopes
India may allow sugar mills to use more of the sweetener to make ethanol, in a move likely to reduce the odds of easing export…
EU to set stricter rules on Ukraine tariff-free trade extension
The European Union moved closer to extending its tariff-free trade with Ukraine, while tightening rules on food imports to placate protesting farmers’ concerns about oversupply.
Norfolk Southern to pay $600 million to settle spill case
Norfolk Southern Corp. said it would pay $600 million to settle lawsuits over its train derailment in Ohio last year that spilled more than 1…
China’s EV makers bet they can dethrone Japan brands in Thailand
Standing in front of a large crowd at last month’s Bangkok International Motor Show, an executive from Hozon New Energy Automobile Co. promised to double…
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Boeing’s 777 ‘gliders’ signal more cash woes
Boeing Co. likely didn’t deliver any 777 freighters during the first quarter, adding to its cash woes at a time when 737 Max handovers are…
Senators urge US to reimpose sanctions on Venezuela’s Maduro
A bipartisan group of US senators urged President Joe Biden to punish Venezuela’s Nicolas Maduro for attacks against his top opposition rival, saying that an…
Turkey, Israel exchange barbs on trade with Gaza tension rising
Turkey’s decision to restrict exports to Israel for opposing its proposal to drop aid over the Gaza Strip drew a swift retaliatory response, further straining…
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EU ramps up pressure on China’s green tech with wind probe
The European Union ramped up pressure on Chinese clean-tech investments potentially squeezing out its local suppliers amid EU efforts to transform the bloc into a…
Why Hotshot trucking is the go-to for time-sensitive deliveries
• Businesses depend on timely deliveries to keep operations running smoothly. Be it manufacturing plants waiting for crucial parts, construction sites needing materials on schedule,…
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WorldACD Weekly Air Cargo Trends (week 13) 2024
Global rates rise throughout March to Q4 levels...