Air Freight News
Russia’s crude-export data show compliance with OPEC+ cuts pledge
Russia met its target for crude-export cuts in January, complying with its pledge to allies in OPEC+, according to data from the country’s Energy Ministry.
Russia ships Urals oil to Venezuela, expanding pool of buyers
A supertanker carrying Russia’s flagship Urals crude has arrived off the coast of Venezuela as Moscow looks for new buyers amid tightening sanctions and disruptions…
Argentina criticizes EU as Mercosur trade talks bog down again
A deal between the European Union and Mercosur that “makes everyone happy” may not be possible so the South American trade bloc is mulling breaking…
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WorldACD Weekly Air Cargo Trends (week 6) - 2024
China inbound tonnages slump as Year of the Dragon starts...
Indian diesel floods to Asia as Houthis imperil flows to Europe
Shipments of diesel from India into Europe are at the lowest since 2022 so far this month as Houthi attacks on merchant shipping continue to…
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Saudi wealth fund, Singapore’s PSA consider global ports IPO
Saudi Global Ports Co., which is owned by the kingdom’s sovereign wealth fund and Singapore’s PSA International Pte, are considering an initial public offering in…
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Ethanol fuel proves to be a solution for lower GHG emissions
ProTrans International announced the completion of the first of multiple pilot programs developed for a Tier 1 supplier, known in part for its emission control…
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Lufthansa travelers face upheaval as ground crews strike again
Germany is set to face new travel disruption next week as labor union Verdi calls for a one-day warning strike of Lufthansa AG ground personnel…
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ITS Logistics Distribution + Fulfillment Q1 Index: 50% drop in new space construction while consumer sentiment remains positive
ITS Logistics confirms lower salaries for new warehouse workers due to extreme pay growth
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As Greenland rapidly sheds ice, IMO must cut shipping’s black carbon emissions
As a meeting of the International Maritime Organization’s (IMO) Sub-Committee on Pollution Prevention and Response (PPR 11) opens today in London, the Clean Arctic Alliance…