Air Freight News
European road freight rate benchmark Q4 2022: Spot index down 2.4 points in Q4, first fall since Q1 2020
The Upply x Ti x IRU European road freight rates index for Europe shows that spot rates fell by 2.4 index points in Q4 2022…
[Freightos Weekly Update] Earthquake damage to logistics complicates aid transport
1. The devastation caused by the earthquake in Turkey and Syria included damage to transportation infrastructure crucial to delivering aid. a. The disaster damaged roads…
Boeing set to score 15 Max jet order from Hong Kong Airline
Boeing Co. is set to score a 15-strong order for 737 Max jets from Greater Bay Airlines Co., a person familiar with the matter said,…
Turkey restarts Iraqi oil exports from Mediterranean port
Turkey resumed crude-oil flows to the Mediterranean export terminal of Ceyhan late on Tuesday following two devastating earthquakes, according to an official with knowledge of…
Uber gains as rides and delivery demand defy inflation fears
Uber Technologies Inc. reported revenue that beat analysts’ estimates, suggesting rising inflation hasn’t kept consumers from ordering more takeout or hailing a ride. The shares…
Adani ports mulls repaying $605 million debt to calm investors
Gautam Adani’s ports unit is considering to repay about 50 billion rupees ($604.6 million) of loans, as the beleaguered Indian tycoon seeks to trim debt…
Egypt in talks to buy Serbian wheat in push to expand suppliers
Egypt — one of the world’s top wheat importers — is in talks to buy 1 million tons from Serbia, showing how its push to…
Malaysia weighs trade curbs to fight EU’s anti-palm oil policies
Malaysia, the world’s second-biggest palm oil producer, is weighing a range of trade curbs to strike back against what it calls unfair policies from the…
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Planes’ near misses on runways need ‘urgent attention,’ lawmakers say
Recent plane near-collisions on runways have raised red flags among lawmakers crafting a major US aviation policy bill.
China’s oil market makes comeback on Covid zero exit and exports
China’s oil market is making a comeback after a torrid year, driven by rising consumption at home and abroad that could help lift global prices…