Air Freight News
Dubai Aerospace writes off $538 million on planes tied to Russia
The Middle East’s biggest plane-leasing firm wrote off half-a-billion dollars for aircraft stranded in Russia, after the Kremlin issued a law preventing foreign-owned jets from…
JAL sees return to profit as Japan moves to reopen borders
Japan Airlines Co. forecast a return to profit this year, betting on a pick-up in domestic and international travel as the nation signals it’s ready…
Many Japan, German Firms Still Shut Despite Shanghai’s Promises
The majority of Japanese factories in Shanghai are yet to resume any production and many German firms are still closed as well, with the city’s…
Any India curbs on wheat exports would hurt its neighbors most
Any restrictions on wheat exports by India will likely hurt neighboring countries like Bangladesh and Sri Lanka most, while some Middle Eastern and Asian markets…
Hard Winter wheat rises most in seven weeks on supply fears
Hard red winter wheat gained the most in seven weeks as severe weather worldwide intensifies concern about shrinking food supplies.
U.S. Commerce head vows urgency on trade probe roiling solar
U.S. Commerce Secretary Gina Raimondo pledged the agency would move as quickly as possible to advance a trade investigation that is roiling the domestic solar…
U.K. government sanctions Russian steel manufacturer Evraz
The U.K. said Thursday it has sanctioned steel manufacturing and mining company Evraz Plc because of its strategic significance to Russia, as part of measures…
West Coast Dockworkers, Washington Terminal reach overdue deal
The union representing dockworkers across 29 West Coast ports reached a collective-bargaining agreement with a grain terminal in Washington state after four years of negotiations,…
KLM scraps flights amid Amsterdam Schiphol labor turmoil
Flight cancellations at Dutch airline KLM have surpassed 225 in the past few weeks as its Amsterdam Schiphol hub is hit by labor shortages and…
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Alfa Laval joins the Methanol Institute, contributing expertise on the route to marine decarbonization
As an enabler in the marine industry’s transition to green methanol as fuel, Alfa Laval is pleased to become a member of the Methanol Institute.…