Air Freight News
EU scales back US climate law reply to focus on green tech
Leaders in Europe have dialed down the rhetoric aimed at Washington over its massive green subsidy plan, and instead are focusing on how to improve…
UK to delay N.Ireland election in bid to reach deal Over Brexit
The UK plans to extend the deadline for the formation of a power-sharing government in Northern Ireland by a year, opening up a window to…
China-Australia trade relations thaw as coal shipment docks
China’s trade relations with Australia showed concrete signs of thawing with coal shipments resuming after more than two years, and hopes of a return of…
Azeri oil exports from Turkey may not resume until next week
Exports of Azerbaijan’s oil from Turkey are unlikely to resume this week because a control room at the port of Ceyhan suffered earthquake damage, according…
Virgin Australia weighing debt financing plan ahead of IPO, sources say
Virgin Australia Airlines Pty Ltd. is considering taking on new debt in order to hand cash to owner Bain Capital just months ahead of the…
SriLankan Air defaults on its sole dollar bond for $175 million
SriLankan Airlines has defaulted on its $175 million bond, having failed to amend the terms of the debt amid the worst economic crisis to engulf…
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AWO’s Carpenter says offshore wind could be the biggest U.S. maritime opportunity “in a generation.”
“Offshore wind has the potential to be the biggest new opportunity for the domestic maritime industry in a generation.” - Jennifer Carpenter, president and CEO,…
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US plans 200% tariff on Russia aluminum as soon as this week
The US is preparing to impose a 200% tariff on Russian-made aluminum as soon as this week to keep pressure on Moscow as the one-year…
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Why robotics are stuck in neutral without the right intelligent human labor management solution
Throughout the industrial world and across every continent, businesses are making significant investments in robotics and automation. According to the McKinsey Global Industrial Robotics Survey,…
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New England’s power grid weathers last weekend’s record-breaking cold and wind
From February 3 to February 5, record-breaking cold temperatures and extreme wind chill in New England created strong electricity demand as homes and businesses turned…