Air Freight News
Qantas buys Alliance in $553 million charter flight deal
Qantas Airways Ltd. agreed to buy the rest of Australia’s Alliance Aviation Services Ltd. in a deal valuing the company at A$763 million ($553 million),…
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World Container Index - May 5th
Drewry’s composite World Container Index decreased by 0.5% to $7,727.84 per 40ft container this week.
Russia’s Novatek struggles to trade Europe gas on Ukraine recoil
Novatek PJSC, Russia’s largest independent natural gas producer, is grappling with a slowdown in business in Europe following the invasion of Ukraine that threatens its…
Russian energy firm Lukoil wants to know who its bondholders are
Russia’s second-biggest oil producer is looking to identify its creditors, as the firm attempts to pick its way through the complex web of new rules…
Wheat returns above $11 on weather woes, potential India curbs
Wheat headed for the first back-to-back advance in three weeks on weather concerns across global growers and as India considers restricting exports.
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US takes first step towards four-year China tariffs review
The Biden administration is taking the first step toward a review of tariffs on more than $300 billion in Chinese imports that’s required to keep…
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Hydrogen is every US gas utility’s favorite hail Mary pass
The lightweight fuel is key to companies’ latest decarbonization plans. Pulling off a transition from gas won’t be easy — or cheap.
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Senators plead with Biden for quick end to solar-trade probe
Nearly two dozen senators on Monday implored President Joe Biden to swiftly advance a trade probe that they said was already causing “massive disruption” in…
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Port Saint John commits to 100% of corporate energy use to be provided by local wind farm
"These Renewable Energy Credits are an amazing first step for us but we are committed to further reducing our energy footprint in the near future…
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Top sea polluters beg for climate rules that no rival can avoid
The ocean shipping industry, among the world’s biggest polluters, is asking a key regulator to overhaul its emissions directives so that all carriers are working…