Air Freight News
Kuleba says pressed G-7 on seized Russian assets
Ukraine’s foreign minister said he pushed G-7 leaders to take steps to allocate seized Russian assets to Kyiv to finance rebuilding. The G-7 foreign ministers…
Big drop in Russia’s diesel exports as buyers shun nation’s oil
Diesel exports from Russia fell sharply in April from their prewar level as oil buyers seek to punish one of the world’s biggest suppliers.
Emirates trims loss, sees profitable year as travel revives
Emirates Group trimmed its annual loss and predicted a return to profit this year as the world’s biggest long-haul airline taps a recovery in demand…
Hong Kong cuts GDP growth forecast on Covid, trade risks
Hong Kong cut its economic growth forecast for the year as Covid outbreaks disrupt trade, the city faces higher interest rates and the war in…
Click to Read More
World’s appetite for Russian wheat remains strong
Despite the pressures from war, wheat traders continue to ship out large amounts of Russian grain that’s in high demand.
Sunak says Brexit deal causing harm, urges EU to be flexible
UK Chancellor of the Exchequer Rishi Sunak said the Brexit settlement in Northern Ireland is causing economic and political harm and called on the European…
Click to Read More
American Airlines says Sabre had monopoly in reservations market
A lawyer for American Airlines Group Inc. urged a jury to award the carrier almost $300 million in overcharges and lost profits, arguing that Sabre…
GM hikes Mexico plant wages by 8.5% in landmark deal with union
General Motors Co. will raise wages 8.5% for workers at its giant truck factory in central Mexico in a deal struck with a new union…
Wheat prices spike as US sees war, adverse weather hurting crops
From war to extreme weather, the world’s wheat crops are under threat, a view that’s being bolstered by a US report.
Realterm acquires two highly functional final mile warehouses in Fort Worth, Texas
Realterm announces the acquisition of two newly constructed final mile warehouses located at 15501 N. Beach Street and 10001 South Freeway in Fort Worth, Texas.…