Air Freight News
Wheat jumps most in three weeks as India weighs export limits
Wheat gained the most in more than three weeks as India considers restricting shipments of the crucial grain, a move that would further pressure supplies…
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Biden’s China policy is poised for re-airing, not a refresh
The unveiling of President Joe Biden’s detailed strategy toward China -- delayed by internal deliberations, Covid-19 and the Ukraine conflict -- will have to wait…
Oil jumps the most in three weeks as EU plans strictest ban yet
Oil rallied as supply concerns took center stage with the EU threatening to ban Russian supplies this year and U.S. regional fuel inventories dropping to…
Capes Shipping Agencies announces acquisition of Ryan Ship Services, LLC, opens branch location in Savannah, GA
Capes Shipping Agencies, a Norfolk, VA based ship agency subsidiary of CV International, Inc., has announced that it has completed the acquisition of Ryan Ship…
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Grant to power Port of Long Beach’s zero emissions push
A multimillion-dollar California Energy Commission Grant will help the Port of Long Beach transition to zero-emissions operations by developing infrastructure plans to support electric vehicles…
Mumbai Airport gets $750 million in Apollo private placement
Mumbai International Airport Ltd. has raised $750 million from a private bond sale to Apollo Global Management Inc. after delaying a planned note issue.
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MSC BRC - scope: Import Indian Subcontinent/Middle East to USA (ISC/ME)
Effective June 1st, 2022, MSC will implement a BRC quantum for the month of June, 2022 to be considered for the Indian Subcontinent and Middle…
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MSC GRI - scope: USA West Coast Port (Oakland) to Indian Subcontinent, Middle East and Red Sea
Mediterranean Shipping Company has been forced to announce the following General Rate Increase (GRI) effective June 1st, 2022, for 20DV/40DV-HC all cargo ex-Oakland to Indian…
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MSC THC - Caldera scope: USA to Central America
MSC changes in the Terminal Handling Charges (THC) in Caldera with effective date May 29th, 2022.
Statement of ATA President and CEO Spear on passing of Norman Mineta
The American Trucking Associations issued the following statement today from ATA President and CEO Chris Spear regarding the passing of former Transportation Secretary Norman Mineta: