Air Freight News
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US restricts Nvidia made-for-China chips in new sale rules
The US is restricting the sale of chips that Nvidia Corp. designed specifically for the Chinese market, part of sweeping new updates to export curbs…
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Double anniversary celebrations for cargo-partner Ireland
2023 has been an exciting year for cargo-partner globally, as the business celebrates its 40th anniversary in the logistics industry...
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Venezuelan crude output set for jolt if reported sanctions deal transpires
A reported deal between the US and Venezuela to ease sanctions on the South American country’s oil industry could pave the way for a medium-term…
SC Ports offers powerful alternative gateway on U.S. East Coast
With more than $3 billion invested into port infrastructure, SC Ports is perfectly positioned to be the preferred port on the U.S. East Coast...
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ARC Group awarded Maritime Security Program contract
American Roll-On Roll-Off Carrier Group Inc. (ARC) was awarded a new Maritime Security Program (MSP) Operating Agreement by the Maritime Administration (MARAD) for the operation…
Yellow bankruptcy fallout, parcel discounting and flat truckload rates
Data reveals extent of LTL upswing following Yellow Freight collapse, the effect of parcel carriers competing for softening demand and depressed truckload rates
Lebanon’s airline parks planes in Istanbul as tensions rise
Lebanon’s flag carrier is parking some of its fleet in Turkey as a “precautionary measure” amid growing tensions in the region.
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Apple’s Cook cheers on Tencent game gala in rare China visit
Apple Inc.’s Tim Cook showed up at a Tencent gaming tournament in China, endorsing one of the biggest earners on the app store as uncertainty…
Freightos Weekly Update: Ocean rates level last week as blankings increase
Key insights: 1. Ocean rates out of Asia were stable overall last week, though prices typically increase the week after the Golden Week holiday. 2.…