Air Freight News
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US won’t back 2022 patent waivers for Covid tests and treatments
The US won’t agree to waive intellectual-property protections for Covid-19 treatments and tests this year -- aligning with developed-nation peers and damaging prospects for a…
Oil slumps further below $80 as broad selloff dents markets
Oil fell the most in more than two weeks as broader equity markets collapsed and risk-averse investors pared crude positions ahead of the end of…
South American trade partners pile pressure on rebel Uruguay
South America’s largest economies warned that Uruguay’s move to chase trade deals without the agreement of its Mercosur partners risks undermining or even rupturing the…
EU should counter US climate law with own version, France says
The best way for Europe to counter a US climate law that it fears will harm businesses and lure investment across the Atlantic is to…
More UK rail strikes to be held over December holiday season
Another wave of strikes is set to disrupt Britain’s train network over the holiday season, after a union representing rail workers announced more industrial action…
U.S. DOT-funded Regional Infrastructure Accelerator (RIA) launches at PNWER Economic Leadership Forum, touts early success
Legislators and business leaders from across the Pacific Northwest gather in Portland, Ore. December 4-6
Transnet sees South African coal exports safer on diesel trains
South Africa’s state-owned port and rail company Transnet SOC Ltd. proposed switching to diesel trains to avoid disruptions to coal exports caused by the theft…
TOP Ships announces pricing of $13.5 million public offering
TOP Ships Inc. (the “Company”), an international owner and operator of modern, fuel efficient "ECO" tanker vessels, announced today the pricing of a public offering…
74% of freight forwarders from Asia affirm market opportunity for shipper owned containers in the region: Container xChange survey 
• Three-Fourth of respondents from Asia affirm that using SOCs add to resilience in their container-sourcing strategy; companies plan to use more SOCs in the…
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OrbitMI CEO named among Top 10 Technology Leaders in Lloyd’s List rankings
OrbitMI chief executive Ali Riaz has been named in the Lloyd’s List Top 100 People in Shipping for 2022 in recognition of the US technology…