[Freightos Weekly Update] Ocean carriers remove capacity as lockdown continues
Key insights: 1 As the lockdown in Shanghai continues and the volume of available exports remains suppressed, the major ocean carrier alliances announced additional cancellations…
Somsen joins AFS Logistics as Chief Commercial Officer to power long-term growth across business units
AFS Logistics (afs.net) announces Melissa Somsen as Chief Commercial Officer (CCO). Somsen has over 30 years of sales experience in the logistics industry, including executive…
AgTC urges ILWU and PMA: avoid West Coast port disruptions
The Agriculture Transportation Coalition (AgTC) is urging the Pacific Maritime Association (PMA) and the International Longshore and Warehouse Union (ILWU) to avoid even a minor…
Hungary hardens opposition to EU embargo on Russia oil imports
Hungary hardened its public stance against a European Union embargo on Russian imports, saying it would withdraw its veto threat only if its imports via…
Japan, South Korea set to join US-led economy group, Sankei says
Japan and South Korea are among the countries set to join the Indo-Pacific Economic Framework, a US-led regional grouping President Joe Biden is expected to…
EU ready to suspend trade deal if UK revokes NI protocol
The European Union would likely move quickly to launch infringement procedures against the UK and suspend their trade agreement if Boris Johnson’s government puts forward…
Air France seeing a gradual revival in transatlantic business travel
Air France-KLM is seeing a gradual revival in business travel as companies are starting to send employees to in-person meetings and conferences following a hiatus…
Alstom is still haunted by troubled Bombardier acquisition
French rail-equipment maker Alstom SA remains under pressure more than a year after the acquisition of a Canadian rival that rapidly soured.
China tech’s grip persists in US long after orders to rip it out
Rural telecom providers, corporate jets, even the Department of Defense retain gear made by Huawei and other banned companies
Russia trains missiles on Ukraine’s quiet zone to target trade
A damaged bridge has cut ‘Bessarabia’ from the rest of Ukraine, diverting trade with Europe as a war of attrition puts the focus on supply…
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