Air Freight News
Xeneta real-time container rates update: week 33
South American spot rate gap set to narrow as shippers take advantage of lower Far East to West Coast rates
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Xi and Putin to Attend G-20 Summit in Indonesia, Jokowi Says
Chinese President Xi Jinping and Russian leader Vladimir Putin are both planning to attend a Group of 20 summit in the resort island of Bali…
Lure of Big Profits Draws Veteran Ships to Russian Oil Trade
(Bloomberg) -- The fallout from Russia’s invasion of Ukraine is still making waves in the shipping market, with more older tankers being deployed on the…
Swiss to Release More Fuel With Rhine Traffic Near Standstill
(Bloomberg) -- Switzerland will further tap its strategic fuel stocks as imports along the River Rhine to the land-locked country have almost come to a…
Indonesia May Impose Nickel Export Tax This Year, President Jokowi Says
(Bloomberg) -- Indonesia may impose a tax on nickel exports this year, President Joko Widodo said, as the biggest producer of the electric-vehicle battery metal…
Cathay Pilots Being Offered Extra Pay for Flights to China
Cathay Pacific Airways Ltd. is dangling allowances of up to HK$5,000 ($640) a flight as a sweetener for pilots rostered on to fly in and…
Two More Southern California Cities Halt Warehouse Expansion
Two more Southern California cities voted to enact and extend temporary moratoriums on new industrial developments to study the environmental and health impact on residents.
No End to China Tariffs Forces Penfolds Wine Maker to Go Global
The vintner behind Penfolds, one of Australia’s most iconic wine labels, isn’t banking on China removing its eye-watering tariffs that decimated what was the company’s…
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PhilaPort – Wan Hai Lines take steps to relieve East Coast supply chain congestion
New service connects US exporters with growing Asian markets
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Air cargo tonnages and rates are both declining
Global air cargo flown tonnages and prices continued their gradual decline in the first two weeks of August after volumes staged a brief and partial…